US Edition
BBQ grills, new cars, auto repair: What may soon jump in price if tariffs take effect
- Hyundai warns that U.S. dealers may face price increases of $4,000 to $10,000 for most vehicles due to upcoming 25% tariffs, according to an Anderson Economic Group report.
- The Hyundai Metaplant in Georgia is key for producing electric vehicles, expected to generate over 14,000 jobs and make 300,000 vehicles annually.
- Global CEO José Muñoz emphasized the long-term investment in America during the plant's opening, highlighting the expansion plans which include a capacity for 500,000 cars annually and showcase Hyundai's commitment to the U.S. market.
- Automakers, including Hyundai, are concerned that tariffs could lead to increased consumer prices, as noted by an expert.
17 Articles
17 Articles
Dollar Tree Price Hikes Likely Coming Fast—What You Need to Know
Dollar Tree fans, take note: Your beloved beauty bargains, home decor finds, and inexpensive groceries may soon be giving you sticker shock.In an important earnings call last week, Dollar Tree's CEO Michael Creedon admitted that inflation, tariffs, and supply chain costs are testing the company. Now, rumors are swirling that the discount retailer is going to raise prices as soon as possible. Here's what shoppers are seeing across the country and…
Hyundai Faces Challenges with U.S. Tariff Hikes
Hyundai Faces Challenges with U.S. Tariff Hikes Hyundai has issued a stark warning to its U.S. dealers amid a looming 25% tariff on imported vehicles and parts, as announced by President Donald Trump. This move could lead to potential price hikes, forcing the automaker to reassess its pricing strategies.Randy Parker, CEO of Hyundai and Genesis Motor North America, highlighted the uncertainty surrounding current pricing. He warned dealers that pr…
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