Hyundai Motor Manufacturing Alabama, LLC · Montgomery, AL United States
Company Description
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This link will open in a new window Hyundai Motor Manufacturing Alabama (HMMA) speaks Korean with a Southern drawl. A subsidiary of South Korea's Hyundai Motor , HMMA began construction of its plant in 2002. The $1.4 billion facility turned out its first car, the Sonata sedan, in 2005. The factory includes a stamping facility, paint shop, vehicle assembly shop, and a two-mile testing track. At full capacity, HMMA will produce about 300,000 vehicles per year. Cars and SUVs built by HMMA are distributed throughout the US by sister company Hyundai Motor America , and they are sold and serviced by more than 900 US Hyundai dealerships. To read the full description, subscribe now.
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Key Hyundai Motor Manufacturing Alabama, LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 3,300 |
Hyundai Motor Manufacturing Alabama, LLC Executives
2 executives listed for Hyundai Motor Manufacturing Alabama, LLC's Montgomery, AL location.
| Title | Name & Bio | Contact |
| President and CEO | H.I. Kim | Network |
| Public Relations Manager | Robert Burns | Network |
Competition
Competitive Landscape for Hyundai Motor Manufacturing Alabama, LLC
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Hyundai Motor Manufacturing Alabama, LLC Competitors
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