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Car Dealership Guy Podcast

#92 Leading the fastest-growing car brand in America, Investing $1B on new dealerships, Hyundai's solution for fast charging? | Randy Parker, CEO of Hyundai Motor America

Jun 13, 2024
Randy Parker, CEO of Hyundai Motor America, discusses leading Hyundai's market growth, investing $1B in dealerships, and their solution for fast charging. Topics include improving Hyundai's image, design importance, EV investments, and balancing short-term growth with long-term goals.
44:36

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Hyundai invests $12.6B in EVs to boost future automotive landscape and manufacturing jobs.
  • LotLinks' Sentinel AI optimizes dealer inventory management for enhanced sales efficiency and profitability.

Deep dives

EVs are the Future: $12.6 Billion Investment in EVs

Hyundai emphasizes the significance of Electric Vehicles (EVs) and their future trajectory. The company commits to a substantial $12.6 billion investment in EVs. This investment includes the development of a manufacturing facility in Savannah, Georgia, set to produce 300,000 vehicles initially and increase to 500,000, creating 8,700 manufacturing jobs. Hyundai stresses the importance of EV investment and its pivotal role in the future automotive landscape.

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