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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 | $2,342,437,696 | 9 |
| Federal (grants and allocated tax credits) | $7,305,774 | 3 |
| TOTAL | $2,349,743,470 | 12 |
| 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 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 | $2,100,000,000 | 1 |
| Alabama | $234,600,000 | 1 |
| Michigan | $4,091,683 | 2 |
| California | $2,262,702 | 3 |
| Arizona | $1,133,311 | 1 |
| All other | $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 | $2,100,000,000 | | 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 Transys Georgia Seating System, LLC | Arizona | state | 2022 | $1,133,311 | | 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 |
