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USA TODAY |
Analysts expect automakers will have to significantly hike vehicle prices if the new tariffs remain in place for an extended period, leaving consumers to pay more for vehicles that already have price ...
USA Today |
President Trump enacted a 25% tariff on all imported cars and light-duty trucks, and a 10% minimum tariff on other imported goods.

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Hyundai warns dealers of price hikes as Trump's 25% auto tariffs loom
Cox Automotive estimates that 25% tariffs will add $3,000 to the cost of a U.S.-made vehicle and $6,000 to vehicles made in Canada or Mexico.
Hyundai Promises No Price Hikes Amid Tariffs
Hyundai vowed to not raise prices for two months as part of a consumer promotion, the latest automaker to launch a tariff-related marketing campaign. The Korean automaker said it won’t raise its manufacturer's suggested retail prices through June 2,
Hyundai Will Keep Prices Steady In The U.S., Despite New Auto Tariffs
Trump's auto tariffs happened to go into effect during the Seoul Mobility Show, where many auto execs attending released updates in response. For Hyundai, Muñoz said Hyundai prices in the U.S. will remain steady, adding the company is "still assessing" the situation.
Trump's new car tariffs start April 3 in US: What to know
President Donald Trump's new 25% tariff on all cars and light-duty trucks takes effect in the U.S. on April 3. Here are frequently asked questions.
President Trump's tariffs on cars raise concerns in MIchigan
Trump said that a 25% tariff will be placed on all foreign-made automobiles imported into the U.S. becoming effective at midnight, April 3.
Trump announces new round of tariffs
President Donald Trump on Wednesday announced that his administration will be imposing additional tariffs on all foreign-made cars and imports. He says even higher tariffs will be placed on the EU, China,
Hyundai And Genesis Won’t Raise Prices Until June, Then All Bets Are Off
This has sent the automotive industry into chaos, but companies are now starting to form a response. While Ford and Stellantis are embracing employee pricing, Hyundai and Genesis are rolling out price assurance plans. More: Trump “Couldn’t Care Less” If Automakers Raise Prices Over Tariffs
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Hyundai Says 'No Price Hike' Despite Trump’s 25% Tariff on Imports
Hyundai Motor President José Muñoz has drawn a line, stating that the company has no plans to raise car prices in the U.S. in response to President Donald Trump's 25% tariff on imported vehicles. Muñoz made this statement during a media day event at the 2025 Seoul Mobility Show in South Korea.
Price hikes, idled factories, layoffs: how car companies are responding to Trump’s tariffs
President Donald Trump’s 25 percent tariffs on all auto-related imports have been called “a debacle of epic proportions” and a sure-fire way to tank the auto market by crushing demand. Analysts have been predicting everything from $12,000 per vehicle price hikes to the possible “Cubanization” of the US car fleet.
Hyundai Spent $21B In America And Might Still Hike Prices Anyway
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 made in Mexico and Canada
Price hikes, layoffs and import fees: How car giants are reacting to Trump’s tariffs
Shares of some of the world's biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.
Hyundai Motor says no plan for price hikes in US for now
Jose Munoz, co-CEO of Hyundai Motor , said on Thursday there were no plans to raise prices in the United States at this time in response to U.S. tariffs.
Hyundai Motor: Automotive Tariff Weighs On Already Uncertain Cash Flow
Hyundai Motor Company reacts to U.S. tariffs with a $21 billion investment, but Chinese EV rivalry and market risks loom. See why the HMC is a Hold.
Tariff-wary buyers scoop up vehicles ‘before the storm’ hits car prices
Some automakers have already warned dealerships they’re prepared to charge more for new shipments as soon as this week.
Hyundai to keep vehicle prices steady until June amid tariff uncertainty
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.
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