By 2011, about 80% of the vehicles that Hyundai sells in the US will be produced there, according to Hyundai Motor America chief John Krafcik. In his interview with CNNMoney, Krafcik disclosed that Hyundai plans to shift production of its popular Elantra from Korea to its Montgomery, Ala., plant later this year.
This means that Hyundai would be placed at the top of the "Made in the USA" rankings compared to all carmakers that operate in the US, such as Ford, Chrysler and General Motors.
Hyundai has had a good year. In early October, the 2011 Sonata earned a top safety rating.
Hyundai’s vehicles have been getting rave reviews and its US sales are growing quickly. Hyundai’s sales had increased in 2009, a feat that very few carmakers managed that year.
Last month, Hyundai’s sales were up again by almost half compared to the previous year. When asked if there was fear of a "buy American" backlash, Krafcik responded that Hyundai will build its “three best selling cars in the US," while “Ford builds its best selling car in Mexico."
Hyundai's second most popular model is the Elantra. The models that Hyundai already builds in the US are its top seller, the Hyundai Sonata mid-sized sedan, and the Santa Fe SUV, which account for half of Hyundai's US sales.
In contrast, Ford builds the Fusion mid-sized sedan in Mexico. [via autonews - sub. required]