José Muñoz’s Post

From breaking ground to receiving its first parts shipment, Hyundai Motor Group Metaplant America (HMGMA) has made exciting progress in less than a year. Hyundai welcomed the shipment at a ceremony with local partners like the Georgia Ports Authority in Savannah: https://bit.ly/3OLv1pZ. Slated to begin production in the first quarter of 2025, HMGMA is Hyundai's first state-of-the-art U.S. smart factory, and a notable piece of Georgia's mobility ecosystem. Curious why Hyundai chose Georgia? Learn more about Georgia's wide ecosystem of cutting-edge companies, robust supplier network, and other assets that are driving growth: https://bit.ly/44izBl9

Hyundai Motor America 🇺🇸 (#ev) Great #milestone reached by the #Team at #hyundai. The advanced #facility itself houses a remarkable collection of professionally designed #equipment eventually capable of #producing some of the most #advanced #EV's to hit the #market!! Further, the Team at #hyundai has initiated plans to construct several more #facilities to support the #manufacturing of specific products leveraging its overall range of capabilities and efficiencies!! (Credit to "The EV Report", for providing excellent information in report below). #technology #building #ai #technologies #production #groundbreak #manufacturer #electric #innovate #innovation #automanufacturing #automated #automakers #usa #northamerica #anniversary #productionline #lithium #cobalt #graphite #batterymetals #anode #cathode #copper #market #stockmarket #shareholders #gmhinc #automation #large #construction #demand #supply #competitors

PETALING JAYA: Porsche’s assembly facility at Inokom, Kulim, Kedah, is being expanded to 11,000 sq m with a new assembly line, said Malaysia’s trading conglomerate Sime Darby Bhd. In a joint statement, Sime Darby and Porsche said the new assembly line will be for the plug-in hybrid Porsche Cayenne S E-Hybrid Coupé. Sime Darby group CEO Jeffri Salim Davidson said this expansion was a significant milestone for the two companies in unlocking new opportunities in the Asean region while affirming the capabilities of their highly skilled local talents. We remain steadfast in our commitment to delivering product consistency that meets the discerning demands of Porsche customers, expanding beyond the domestic market to our neighbouring country, Thailand, he said. The local assembly facility for Porsche was the first of its kind outside of Europe when it opened in 2022. To date, the facility has rolled out two generations and more than 2,000 units of Porsche’s iconic sports car. It is now ready for its next phase, with the assembly of its first plug-in hybrid electric vehicle (PHEV) variant and export into Thailand, the statement said. Meanwhile, Porsche AG executive board member for production Albrecht Reimold said considerably enhancing the assembly facility in Kulim ensures that this first regionally exported Cayenne fulfils customers’ demands and expectations. The locally assembled Porsche Cayenne S E-Hybrid will be exported to Thailand, one of Porsche’s biggest markets in the Asean region, fulfilling the growing demand there. This also signifies the region’s immense growth and innovation potential, underlining its importance for Porsche’s global business, the companies added.

I’ve made several posts concerning the allocation of resources to sub vent leases w/o destroying residuals… Hyundai beat you to it. $43k MSRP… $239 monthly with $0 Down. The all-electric IONIQ 6 has a deal so good that we had to ask Hyundai if it was a typo. It isn't. According to a bulletin sent to dealers, the 2024 Hyundai IONIQ 6 SE can be leased for just $239 per month with no money down. Based on our analysis, the unadvertised deal makes the IONIQ 6 the cheapest car to lease in America.

This year has been marked with lots of noise about EVs failing, PHEVs being the better choice, and much more hyped up chatter. Read this interview with José Muñoz and get the honest take of one of the top execs in the Industry. It’s a great read. The EV (r)evolution is well underway, and more so the evolution of the industry as a whole. From SDV to D2C, the core trends of CASE we have been talking about for years now, continue to drive changes in everything about the vehicle, the car business and how the consumer wants to use, own (or rather not own), and experience the products and services and by extension the brands. This decade continues to be the redefining moment for any of the traditional brands in the industry and those that embrace the change and reinvent themselves and their offering will have a shot at a new future. The others risk becoming the Nokias and Blackberries of tomorrow. #BeyondMobility #EV #SoftwareDefinedVehicle #connectedcar #automotiveretail #mobility #future #ExperienceInnovation

Vietnam’s electric vehicle market holds promise for foreign car manufacturers. Notably, with a car ownership rate of just over 5 percent, Vietnam's car market has room for substantial growth. Furthermore, electric car buyers are eligible for incentives such as exemptions from registration fees for the first three years and a 50 percent fee reduction for the subsequent two years, per Decree 10/2022/NĐ-CP... https://lnkd.in/gPT2uKDP

Hyundai Motor America is my alma mater, so to speak, so I had plenty to say about Hyundai's history and future in this CNBC video about Hyundai's success and challenges in the past, present, and future. Watch and learn!

As a car dealer, ask yourself, what advertising or marketing have I never cancelled, (even through the financial crisis of 2008/09, Covid, or supply chain issues!) More than likely, it is a very elite group ! Take the time to watch what #bradcollins of #freemanhyundai has to say about building trust and staying the course because of results. #cardealers #leadsgeneration #automotive #autoretail #referrals

Even though we all expect EVs to dominate the automotive industry in the future, adapting to this change is a significant challenge for OEMs all over the world. This video is focused on Germany but has quite the implications about the whole EU. Which European automakers do you believe will successfully transition and end up as EV winners in the long run? https://lnkd.in/dZsvyDut