Hyundai to keep vehicle prices steady until June amid tariff uncertainty

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/22/2026

1. WMT
2. ROST
3. AAP
4. SPY
5. NVDA
6. AVGO
7. SPCX
8. HD
9. BJ
10. BABA

April 4, 2025 12:12 PM EDT

FILE PHOTO: Jose Munoz, President and CEO of Hyundai Motor Company, is surrounded by media members at the 2025 Seoul Mobility Show in Goyang, South Korea, April 3, 2025. REUTERS/Kim Hong-Ji/File Photo

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.

“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 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)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Raising Prices