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BEIJING—Airbus has shut down a factory in China that accounts for almost 10 percent of the production of its most popular jet, as precautions taken to contain the coronavirus outbreak ricochet across global industries.
MONTGOMERY, AL—Hyundai executives recently announced plans to add a new vehicle to the production lineup as part of a $410 million expansion project that will create 200 jobs at the company's manufacturing plant here.
MONTGOMERY, AL—Hyundai Motor Manufacturing Alabama LLC has officially opened a $388 million cylinder head manufacturing plant, a project that spurred the creation of 50 jobs.
SEOUL—Hyundai Motor Co.’s labor union has warned that the 25 percent automotive tariffs being considered by President Donald Trump could jeopardize 20,000 factory jobs in Alabama.
MONTGOMERY, AL—Hyundai Motor Manufacturing Alabama (HMMA) recently announced that it will invest $388 million to construct a new plant to manufacture engine heads and support production of the Sonata and Elantra sedans. The investment, which will create 50 new jobs, will be spent on equipment for the engine head machining plant and updating technology in the company’s existing engine plant.
SEOUL, Korea—Hyundai Motor Co. is considering setting up a second plant in the United States in an effort to boost production of full-size vehicles in line with rising demand. The new factory, set to be built near the carmaker’s current Alabama plant, would have an annual production capacity of 300,000 units.
SEOUL, South Korea—Hyundai Motor is planning to invest $73 billion worldwide over the next four years to develop new vehicles, expand its production capacity and build a new headquarters.