Reported 1 day ago
Hyundai has informed U.S. dealers that it may adjust its vehicle pricing in light of upcoming 25% tariffs on imported vehicles and parts. CEO Randy Parker stated that the current pricing is not guaranteed for units sold after April 2, as these tariffs could significantly increase the cost of vehicles. Analysts predict that consumers could face price hikes averaging an additional $3,000 to $6,000. Despite the tariffs, Parker noted Hyundai's limited dependence on imports from Mexico and Canada.
Source: YAHOO