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Hyundai’s growth is pushing Genesis’ US production back to Korea

Finance August 21, 2026

Genesis, Hyundai Motor Group’s luxury brand, is putting its US manufacturing footprint temporarily on hold to make room for its parent company, Business Insider confirmed on Thursday.Ted Mengiste, chief operating officer of Genesis Motor North America, said in an interview that Hyundai is moving production of the GV70 SUV —…

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