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Hyundai Set to Invest $21 Billion in U.S.

Hyundai Set to Invest $21 Billion in U.S.

by | Mar 25, 2025 | , , , , , , , , , , ,

Hyundai Motor Group plans to invest $21 billion for a variety of U.S.-based projects, including steel production and the expansion of its U.S. automotive production to 1.2 million vehicles annually. That more than doubles what the South Korean has invested since entering the U.S. market in 1986. More from Headlight.News.

Hyundai Names Muñoz its New CEO — First Non-Korean in Leadership Position

Hyundai Names Muñoz its New CEO — First Non-Korean in Leadership Position

by | Nov 15, 2024 | , , , , , , , , , , , , , , ,

José Muñoz will become global chief executive officer of Hyundai Motor Co. on Jan. 1. It will mark the first time a non-Korean will move into that leadership position — and comes at a critical time for what has become one of the world’s largest automakers.