Press Releases

Autos Drive America Celebrates Hyundai Day, Applauds International Automakers’ Significant Investments in Georgia

March 1, 2024

 WASHINGTON, D.C.— Autos Drive America, the leading trade association representing international automakers with operations in the U.S., celebrated Hyundai Day in Georgia and applauded the continued investments international automakers are making in the state and across the country. The Georgia Assembly recently signed a resolution commending Hyundai Motor Group’s dedication to the state, and Governor Kemp recognized Monday, February 26th as Hyundai Day.

 

“Hyundai Motor Group’s historic investment in Georgia perfectly showcases international automakers’ commitment to the American workforce.” said Jennifer Safavian, President and CEO of Autos Drive America. “The Metaplant and EV battery plant currently under construction have already started transforming the Georgia economy, and these facilities will provide good-paying, high-quality careers  for Georgians, making significant economic impacts for decades to come.”

 

In 2022, Hyundai Motor Group announced a more than $7.5 billion investment to develop its Metaplant America, which will create 8,500 direct jobs and assemble six models across Kia, Hyundai, and Genesis. Additionally, Hyundai and SK On are building a $5 billion EV battery cell plant in Bartow County, Georgia that will employ 3,500 workers. Hyundai Motor Group recently unveiled that the company will open its Metaplant three months ahead of schedule, now slated to begin production later this year.

 

According to the most recent Autos Drive America Economic Impact Report, ten international automakers have a presence in Georgia, including Hyundai, Kia, BMW, Honda, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru, and Volkswagen. These international automakers make significant economic contributions in the state:

  • International automakers, dealers, and suppliers generated 67,906 jobs in Georgia in 2022, paying $4.9 billion in total employee compensation.
  • International automakers invested $2.8 billion in Georgia’s auto industry, with growing investments to produce electric vehicles in the state.
  • International automakers in Georgia produced 340,000 vehicles, accounting for 100% of production in the state.
  • International automakers contributed $850 million in state and local revenues and $8.6 billion in Gross State Product.

 

“Governor Kemp and Georgia lawmakers share our commitment to growing the U.S. automotive industry—to manufacture more vehicles on U.S. soil and create more career opportunities for the U.S. workforce,” added Safavian. “We applaud Georgia’s leadership and are encouraged by lawmakers’ recognition of the tremendous impact Hyundai Motor Company is having on the state economy.”

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