TSLA358.7903.98%
GM77.3000.3%
F12.0640.004%
RIVN14.735-0.205%
CYD31.6300.6%
HMC31.6800.08%
TM183.6000.50001%
CVNA60.210-2.33%
PAG200.8150.475%
LAD293.3301.5%
AN159.9352.495%
GPI244.7304.29%
ABG172.100-0.2%
SAH61.2050.855%
TSLA358.7903.98%
GM77.3000.3%
F12.0640.004%
RIVN14.735-0.205%
CYD31.6300.6%
HMC31.6800.08%
TM183.6000.50001%
CVNA60.210-2.33%
PAG200.8150.475%
LAD293.3301.5%
AN159.9352.495%
GPI244.7304.29%
ABG172.100-0.2%
SAH61.2050.855%
TSLA358.7903.98%
GM77.3000.3%
F12.0640.004%
RIVN14.735-0.205%
CYD31.6300.6%
HMC31.6800.08%
TM183.6000.50001%
CVNA60.210-2.33%
PAG200.8150.475%
LAD293.3301.5%
AN159.9352.495%
GPI244.7304.29%
ABG172.100-0.2%
SAH61.2050.855%

Hyundai to invest $26B in U.S. to expand jobs, tech, manufacturing

The automaker is committing billions to U.S. operations between 2025 and 2028 to expand auto production, steel manufacturing, and robotics innovation while creating 25,000 jobs.
Hyundai announced a $26 billion investment in the U.S. between 2025 and 2028, reinforcing its commitment to job creation, and growth.

On the Dash:

  • Hyundai’s new steel mill in Louisiana and increased auto production capacity mean a more stable supply for vehicles sold in the U.S., giving dealers confidence in inventory and production reliability.
  • The $26 billion investment is expected to create 25,000 new U.S. jobs over four years, supporting economic growth in regions where dealers operate and potentially boosting consumer purchasing power.
  • Investments in robotics, AI, and autonomous driving through Boston Dynamics, Motional, and the new robotics hub position Hyundai as a technology-driven brand, giving dealers a story to promote vehicles linked to advanced engineering and future mobility solutions.

Hyundai Motor Group announced a $26 billion investment in the United States between 2025 and 2028, reinforcing its long-term commitment to innovation, job creation, and sustainable growth. The announcement marks a $5 billion increase over a $21 billion plan unveiled in March 2025, aimed at expanding the company’s footprint in key industries.

The investment targets three primary areas, including the new steel mill in Louisiana, which will support U.S. automotive supply chains and strengthen industrial resilience. Hyundai and Kia, the Group’s automotive affiliates, will expand U.S. auto production capacity to better meet consumer demand. Additionally, a state-of-the-art robotics facility with an annual capacity of 30,000 units will serve as a U.S. hub for design, manufacturing, testing, and deployment, positioning Hyundai at the forefront of the global robotics ecosystem.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

Through these initiatives, the Group expects to create approximately 25,000 new direct jobs in the United States over the next four years, contributing significantly to the nation’s economic vitality. The investment also accelerates technology commercialization through U.S.-based affiliates, including Boston Dynamics for robotics and Motional for autonomous driving, while expanding partnerships with American companies in AI, robotics, and autonomous vehicle technologies.

Since entering the U.S. market in 1986, Hyundai has invested more than $20.5 billion, aligning its growth with the nation’s economic development. This latest commitment underscores the company’s role as a long-term partner in driving innovation, sustainability, and prosperity in the United States.

The $26 billion plan positions Hyundai Motor Group as a major player in advanced manufacturing and emerging technologies, strengthening its competitiveness in electric vehicles, robotics, and industrial supply chains while supporting U.S. economic and industrial policy goals.

Read More
More from Articles
Ford’s Farley says F-150 supplier issues are fixed, sounds alarm on trades training

Ford’s Farley says F-150 supplier issues are fixed, sounds alarm on trades training

- October 1, 2026
On the Dash: Farley said the F-150 supplier issue is fixed but will reduce third-quarter wholesale shipments.  Dealers held about 40 days of pickup supply, below Ford's 50- to 60-day...
Chevy Bolt production target reportedly cut to 35,000 units

Chevy Bolt production target reportedly cut to 35,000 units

- October 1, 2026
On the Dash: UAW documents reportedly show GM targeting 35,000 revived Bolts, down sharply from the 150,000 units the Fairfax plant could potentially produce. The 2027 Bolt returns with updated...
Filosa says Stellantis turnaround plan will pay off by 2027

Filosa says Stellantis turnaround plan will pay off by 2027

- October 1, 2026
On the Dash: Stellantis is holding its 2026 guidance, with positive industrial free cash flow expected in 2027. Industrial free cash flow targets reach 3 billion euros in 2028 and...
VinFast expands U.S. franchise network with 3 new sales & service locations

VinFast expands U.S. franchise network with 3 new sales & service locations

- October 1, 2026
On the Dash: VinFast finalized franchise agreements for dealerships in Redondo Beach and Tustin, California, and Philadelphia, Pennsylvania. The locations will provide sales, maintenance, warranty, and after-sales support for VinFast...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.