Hyundai investing $290 million in Alabama for crossovers and fifth-generation Santa Fe

Hyundai Motor Manufacturing Alabama plans to invest $290 million to enhance U.S. production of crossovers.

Hyundai designated $190 million for tooling and equipment upgrades to prepare for production of the fifth-generation Santa Fe.

“Today, the legacy of the Santa Fe continues with HMMA investing $190 million to prepare our assembly plant for the next generation of this popular SUV,” Ernie Kim, the plant’s CEO, said in a statement. “An additional $100 million will be invested to support ongoing production of the Tucson SUV and Santa Cruz Sport Adventure Vehicle.”