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 SummarySubsidy ValueNumber of Awards
State/Local$241,126,6836
Federal (grants and allocated tax credits)$12,892,9876
TOTAL$254,019,67012
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$246,600,0004
TOTAL$246,600,0004
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 2006.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

HYUNDAI

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Alabama$234,600,0001
Michigan$4,091,6832
California$2,085,0002
Pennsylvania$350,0001

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Hyundai Alabama multiple 2002 $234,600,000 MEGADEAL
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE United States federal 2018 $4,215,593 federal grant
Hyundai-Kia America Technical Center, Inc. Michigan state 2012 $2,500,000 grant/loan hybrid program
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE United States federal 2013 $2,267,291 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE United States federal 2013 $2,267,291 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE United States federal 2012 $1,948,302 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, INCORPORATE United States federal 2013 $1,097,255 federal grant
HYUNDAI AMERICA TECHNICAL CENTER, INCORPORATE United States federal 2017 $1,097,255 federal grant
Hyundai Capital America California state 2014 $885,000 tax credit/rebate
Hyundai-Rotem USA Corporation Pennsylvania state $350,000 grant
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
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