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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Hyundai Motor
Ownership Structure: publicly traded
Headquartered in: South Korea
Major Industry: motor vehicles
Specific Industry: motor vehicles
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $2,041,304,385 | 8 |
| Federal (grants and allocated tax credits) | $7,305,774 | 3 |
| TOTAL | $2,048,610,159 | 11 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $246,600,000 | 4 |
| TOTAL | $246,600,000 | 4 |
Time Period for State and Local Awards: Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2012.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Georgia | $1,800,000,000 | 1 |
| Alabama | $234,600,000 | 1 |
| Michigan | $4,091,683 | 2 |
| California | $2,262,702 | 3 |
| Pennsylvania | $350,000 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | Loan/Bailout Value | Type of Subsidy |
| Hyundai Motor Group | Georgia | multiple | 2022 | $1,800,000,000 | | MEGADEAL  |
| Hyundai | Alabama | multiple | 2002 | $234,600,000 | | MEGADEAL |
| Hyundai America Technical Center, Inc. | United States | federal | 2012 | $4,131,329 | | federal grant |
| Hyundai-Kia America Technical Center, Inc. | Michigan | state | 2012 | $2,500,000 | | grant/loan hybrid program |
| Hyundai America Technical Center, Inc. | United States | federal | 2018 | $2,169,391 | | federal grant |
| Hyundai-Kia America Technical Center, Inc. | Michigan | state | 2012 | $1,591,683 | | property tax abatement |
| Hyundai Capital America | California | state | 2015 | $1,200,000 | | tax credit/rebate |
| Hyundai America Technical Center, Inc. | United States | federal | 2013 | $1,005,054 | | federal grant |
| Hyundai Capital America | California | state | 2014 | $885,000 | | tax credit/rebate |
| Hyundai-Rotem USA Corporation | Pennsylvania | state | | $350,000 | | grant |
| HYUNDAI CAPITAL AMERICA | California | state | 2018 | $177,702 | | training reimbursement |
| Hyundai Floorplan Master Owner Trust | United States | federal | 2009 | | $172,000,000 | federal loan or loan guarantee |
| Hyundai Auto Receivables Trust 2009-A | United States | federal | 2009 | | $47,300,000 | federal loan or loan guarantee |
| Hyundai Auto Receivables Trust 2009-A | United States | federal | 2009 | | $15,500,000 | federal loan or loan guarantee |
| Hyundai Auto Receivables Trust 2009-A | United States | federal | 2009 | | $11,800,000 | federal loan or loan guarantee |
| HYUNDAI AMERICA TECHNICAL CENTER INC | Michigan | local | 2003 | undisclosed | | property tax abatement |
| HYUNDAI AMERICA TECHNICAL CENTER INC | Michigan | local | 2006 | undisclosed | | property tax abatement |
