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Analysts expect that the new tariffs will add approximately $3,000 to the price of US-made cars, and up to $6,000 on cars ...
Jose Munoz, co-CEO of Hyundai Motor , said on Thursday there were no plans to raise prices in the United States at this time ...
It's only been a few days since President Trump's 25% tariffs on foreign cars took effect. But the import surcharge has led to some immediate changes, including layoffs and pauses in car shipments.
In a significant move to reassure American consumers amid rising trade tensions, Hyundai Motor America has announced a freeze on vehicle prices across its U.S. lineup through early June. The decision ...
Randy Parker, chief executive officer of Hyundai and Genesis Motor ... expect automakers will have to significantly hike vehicle prices if the new tariffs remain in place for an extended ...
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