Hyundai to keep vehicle prices steady until June amid tariff uncertainty

By Nora Eckert, Reuters -  12:12 PM ET 4/4/2025 Company News

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

DETROIT (Reuters) - Hyundai Motor ( HYMTF ) is keeping sticker prices on its current model lineup steady for the next two months, the company said Friday, in an effort to ease shoppers' concerns that fallout from tariffs will affect dealer lots.

"We know consumers are uncertain about the potential for rising prices and we want to provide them with some stability in the coming months," José Muñoz, president and CEO of Hyundai Motor ( HYMTF ) said in statement.

The program runs until June 2, and follows the South Korean automaker's $21 billion investment in the U.S. announced last month.

Ford Motor ( F ) and Stellantis ( STLA ) also offered discounts across their lineups this week.

(Reporting by Nora Eckert)

(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.