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Hyundai’s Swift Growth Lifts Alabama’s Economy
New York Times ^ | February 18, 2011 | NICK BUNKLEY

Posted on 02/19/2011 1:15:34 PM PST by reaganaut1

MONTGOMERY, Ala. — Few people in this city 800 miles south of Detroit cared much about the auto industry until Hyundai announced it would build cars here nine years ago.

These days, Montgomery cannot stop talking about it.

Hyundai and its sister company, Kia, which opened a plant last year just across the Georgia state line, have brought thousands of well-paying jobs to the region and even helped nurture a little Korean culture in Montgomery, the first capital of the old Confederacy. Hyundai is running its Montgomery plant almost nonstop. Rarely do more than a few weeks pass without word that another parts supplier has dozens of new positions to fill, typically offering good benefits and double the pay that the average Alabaman earns.

Hyundai, which will observe its 25th anniversary selling vehicles to American drivers on Sunday, was little more than an ambitious, second-tier brand when it chose to build its first United States car factory just south of Montgomery. But during the recent recession, the South Korean company thrived as Americans sought out cheap cars just as Hyundais were improving in quality.

In 2010, Hyundai and Kia each posted their highest sales in the United States and, taken together, surged ahead of Ford Motor to become fourth-largest automaker worldwide. Hyundai built 300,000 cars in Montgomery last year and sold most of them in the United States.

“If folks looked deeply at how far we’ve gone so quickly, from having no U.S. production five years ago to where we are today, it’s amazing,” John Krafcik, chief executive of Hyundai Motor America, said. “I don’t know that any company has gotten to such a high level of local assembly as Hyundai that fast.”

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; US: Alabama
KEYWORDS: automakers; autos; cars; economy; hyundai; manufacturing
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To: Army Air Corps
Now don't get crazy on us. Some French actually preferred them to cars. 200 types of cheese?


61 posted on 02/19/2011 4:19:45 PM PST by kbennkc (For those who have fought for it, freedom has a flavor the protected will never know.)
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To: GAB-1955

I’ll tell you what, go look at the news headlines around the world for the past 24 hours. Maybe that will put some perspective on some idiot redneck (yes, I can say that, I are one) who did something incredibly stupid. ANYBODY who judges an entire state by that is worse than Patty Murphy.


62 posted on 02/19/2011 4:21:01 PM PST by suthener
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To: reaganaut1
Just picked up the Santa Fe. With rebates I cam just over $1500 more, than a 2009 Honda Element. 5 Yr warranty vs 1 year, assuming 1 year, with the Element having 23 K miles.

Outstanding car for the money and the dealership staff was great. Would buy a bicycle before I would by a GM union mad P-O-S.

63 posted on 02/19/2011 4:25:01 PM PST by Swanks
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To: suthener

Murphy=Murray, or whatever her name is.


64 posted on 02/19/2011 4:26:18 PM PST by suthener
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To: reaganaut1
My first two cars were saturns. When the current one dies it'll be time for a Hyundai.
65 posted on 02/19/2011 4:30:04 PM PST by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
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To: kbennkc
Free Image Hosting
66 posted on 02/19/2011 4:32:51 PM PST by RegulatorCountry
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To: RegulatorCountry
The electricals made Lucas seem competent, too.

OUCH!
67 posted on 02/19/2011 4:34:23 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: kbennkc
I have decided to buy 39 more 1983 GMC trucks @ 1500 bucks each

Well said my friend. So many folks obsess about gas mileage when depreciation, registration, and repair costs are what often are the big $$ cost numbers.

68 posted on 02/19/2011 4:34:26 PM PST by nascarnation
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To: kbennkc

Have seen one painted in a two-tone paint shceme? They “clean up” nicely.


69 posted on 02/19/2011 4:36:12 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Vision

Effective life of Saturn S projected to be about 20 yrs based on my 97. With my $300 Maaco paint job applied after a bruising from an 18 wheeler it looks darn near new. Just don’t let her run shy on oil.


70 posted on 02/19/2011 4:36:46 PM PST by nascarnation
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To: RegulatorCountry

Man, I love those cars.


71 posted on 02/19/2011 4:37:59 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: nascarnation
Just don’t let her run shy on oil.

Exactly. They leak oil, but checked weekly and changed every 3k I'm thinking this may keep moving for a while. Have 165k now on a 2001 SL.
72 posted on 02/19/2011 4:39:34 PM PST by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
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To: Vision

Well you’ve got the break-in done, LOL.

I remember over on Saturnfans.com there was a guy in Calif with a long commute that was over 450,000mi on his original motor, and one auto trans rebuild.


73 posted on 02/19/2011 4:42:45 PM PST by nascarnation
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To: Army Air Corps
Free Image Hosting

They were pretty, though.

74 posted on 02/19/2011 4:43:08 PM PST by RegulatorCountry
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To: RegulatorCountry

Ah, that is Citroen porn. The SM had some nice lines.


75 posted on 02/19/2011 4:46:04 PM PST by Army Air Corps (Four fried chickens and a coke)
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To: Army Air Corps

More than just a little bit of Raymond Loewey in it. Check out the ‘53 Studebaker Starlight Coupe that he did the styling on, the roofline, the front fascia, even the swept back lines falling from front to rear. A clear inspiration, but they certainly made it their own, one of the iconic cars of all time, imho, and so technically advanced.


76 posted on 02/19/2011 4:50:48 PM PST by RegulatorCountry
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To: Army Air Corps

There’s something vaguely American about it from some angles, especially the windows, roofline and fastback, and from others it’s anything but. Very interesting to look at.


77 posted on 02/19/2011 4:54:01 PM PST by RegulatorCountry
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To: suthener

Oh, I know how smart Alabamans are. I am afraid that idiots like the Senator from Washington don’t.


78 posted on 02/19/2011 5:04:57 PM PST by GAB-1955 (I write books, love my wife, serve my nation, and believe in the Resurrection.)
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To: suthener

Oh, I know how smart Alabamans are. I am afraid that idiots like the Senator from Washington don’t.


79 posted on 02/19/2011 5:05:17 PM PST by GAB-1955 (I write books, love my wife, serve my nation, and believe in the Resurrection.)
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To: RegulatorCountry

There definitely is some resemblance.


80 posted on 02/19/2011 5:14:48 PM PST by Army Air Corps (Four fried chickens and a coke)
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