The Los Angeles Post
U.S. World Business Lifestyle
Today: April 14, 2025
Today: April 14, 2025

Hyundai to keep vehicle prices steady until June amid tariff uncertainty

Hyundai Motor says no plan for price hikes in US for now
April 04, 2025
Nora Eckert - Reuters

By Nora Eckert

DETROIT (Reuters) - Hyundai Motor 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.

โ€œWe know consumers are uncertain about the potential for rising prices and we want to provide them with some stability in the coming months," Josรฉ Muรฑoz, president and CEO of Hyundai Motor 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 and Stellantis also offered discounts across their lineups this week.

(Reporting by Nora Eckert)

Related

Americas|Business|Economy|Political

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll

Americas|Business|Crime|Political|US

A key ally in Trump's migrant crackdown is coming for a visit. What might El Salvador's Bukele get?

Americas|Health|Political|World

Brazil's Bolsonaro in intensive care after 12-hour surgery

Americas|Business|Economy|Finance|Political|Stock Markets

Argentine peso slides after FX controls eased, bonds jump

Local

News|Local

Southern California Edison announces plan to underground power lines

News|Local

Disney to leave historic Fox Studio Lot, ending legacy

News|Local

Palisades Recreation Center to be rebuilt

Arts|Celebrity|Entertainment|Local|News|WrittenByLAPost

Weezer bassist to play Coachella despite wifeโ€™s arrest

Share This

Popular

Americas|Business|Economy|Political

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll
Americas|Business|Crime|Political|US

A key ally in Trump's migrant crackdown is coming for a visit. What might El Salvador's Bukele get?

A key ally in Trump's migrant crackdown is coming for a visit. What might El Salvador's Bukele get?
Americas|Health|Political|World

Brazil's Bolsonaro in intensive care after 12-hour surgery

Brazil's Bolsonaro in intensive care after 12-hour surgery
Americas|Business|Economy|Finance|Political|Stock Markets

Argentine peso slides after FX controls eased, bonds jump

Argentine peso slides after FX controls eased, bonds jump

Economy

Economy|Europe|Political

French opposition parties raise spectre of no-confidence vote over 2026 budget

French opposition parties raise spectre of no-confidence vote over 2026 budget
Business|Economy|Finance|Stock Markets|Technology|US

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort
Economy|Finance|MidEast|Political|World

Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Saudi Arabia plans to pay off Syria's World Bank debts, sources say
Business|Economy|Finance|Stock Markets|Technology|US

Wells Fargo says tech banking team grew by 20% over past year

Wells Fargo says tech banking team grew by 20% over past year

Access this article for free.

Already have an account? Sign In