ECONOMIC IMPACT

Since our market entry in 1986, Hyundai has invested more than $2.1 billion in the U.S., including $175 million in technologically advanced design, engineering and testing facilities.  In the process, we have created more than 5,000 jobs for American automotive workers in the areas of manufacturing, engineering, and research and development.  Our 800 dealerships across the country provide an additional 40,000 jobs while our U.S. suppliers provide employment for an added 9,000.  Including indirect and spin-off jobs, Hyundai’s U.S. operations in 2011 contributed more than 94,000 private sector jobs and in excess of $7 billion to the national economy, according to a recent study by the Center for Automotive Research.

In Alabama, home to our manufacturing operations, a recently completed study found that Hyundai and our suppliers generated a total impact of $3.8 billion to the state’s economy in 2010, accounting for 2 percent of Alabama’s Real Gross Domestic Product. More information.