Hyundai warns U.S. dealers of possible price hikes amid 25% tariffs

Randy Parker, CEO of Hyundai Motor America in the back seat of an Ioniq 5 compact crossover. — Randy Parker, CEO of Hyundai Motor America: “Current vehicle pricing is not guaranteed and may be subject to change for units wholesaled after April 2.” (HYUNDAI)

April 01, 2025 12:10 AM

DETROIT — South Korean automaker Hyundai Motor Co. warned U.S. dealers it is evaluating its pricing strategy in the face of forthcoming 25 percent tariffs on imported vehicles and parts announced by President Donald Trump.

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