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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.
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RETAIL INSIDER broke the news in on Monday, March 31, 2025.
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