Hyundai and Genesis model automobiles won’t see worth hikes over the subsequent few months. After launching its new Buyer Assurance program on Friday, Hyundai mentioned US patrons can have peace of thoughts understanding car costs won’t enhance.
Hyundai won’t elevate US car costs amid new tariffs
Coming off its greatest March gross sales month within the US to date, Hyundai has a brand new plan to keep up the momentum over the subsequent few months.
Though Trump introduced new tariffs, together with 25% on South Korea this week, Hyundai is vowing to not elevate car costs within the US. On Friday, Hyundai launched its new Buyer Assurance program in response to the “dynamic market circumstances” and uncertainty within the auto business.
By way of the initiative, Hyundai automobiles within the US won’t see worth hikes over the subsequent two months. The safety window begins in the present day, April 4, and ends on June 2, 2025.
Hyundai Motor’s CEO, José Muñoz, mentioned, “We all know shoppers are unsure concerning the potential for rising costs, and we need to present them with some stability within the coming months.”
Hyundai’s luxurious model, Genesis, launched an analogous program on Friday. The Genesis Cares Initiative additionally protects car costs within the US till June 2, 2025.
This system comes simply two weeks after Hyundai introduced plans to speculate $21 billion to spice up US operations and promote EV adoption.
Hyundai additionally celebrated the grand opening of its $12.6 billion Metaplant America EV manufacturing plant, the biggest financial growth mission in Georgia state historical past. The corporate plans to construct as much as 500,000 Hyundai, Kia, and Genesis automobiles yearly on the facility.
Though it simply celebrated its grand opening, Hyundai has been constructing the brand new 2025 IONIQ 5 on the plant since October. The upgraded IONIQ 5 now has as much as 318 miles of vary and an NACS port for charging at Tesla Superchargers.
With its first three-row electrical SUV, the IONIQ 9, now in manufacturing, it’s anticipated to launch within the US any day. Its “lounge-like” inside has extra space than the Kia EV9, with as much as 1,322 liters of cargo house.
Just like the 2025 IONIQ 5, Hyundai’s bigger electrical SUV may have an NACS charging port. It should even have an EPA-estimated driving vary of as much as 335 miles from a large 110.3 kWh battery pack.
Able to snag the financial savings whereas they’re nonetheless right here? With leases beginning at simply $199 a month proper now, the 2025 Hyundai IONIQ 5 appears to be like like one of the best EV deal in the marketplace. Take a look at our hyperlink to search out offers on 2025 Hyundai IONIQ 5 fashions in your space in the present day.
