Hyundai Launches Customer Assurance to Maintain Current Manufacturer's Suggested Retail Price

Rhea-AI Summary

Hyundai Motor America has launched the Customer Assurance program, pledging to maintain current Manufacturer's Suggested Retail Price (MSRP) for all new vehicles from April 4 to June 2, 2025. This initiative comes amid market uncertainties and potential tariff impacts.

The announcement follows Hyundai Motor Group's recent $21 billion U.S. investment plan for 2025-2028, focusing on manufacturing expansion and future technologies. The company has already invested $20.5 billion since 1986, creating 570,000 jobs, with plans to generate 100,000 more positions.

Notable developments include the opening of Hyundai Motor Group Metaplant America in Georgia, representing a $12.6 billion investment and creating 8,500 direct jobs. The plant's capacity has been increased to 500,000 vehicles, complementing the existing 400,000-vehicle capacity at Hyundai Motor Manufacturing Alabama.

Positive

• New $21 billion investment plan for 2025-2028
• Creation of 100,000 new direct and indirect jobs
• Increased production capacity to 500,000 vehicles at Georgia Metaplant
• Record sales achieved in March and first quarter 2025
• $12.6 billion investment in Georgia facility

Negative

• Potential impact of tariffs on automotive operations
• Market uncertainty affecting pricing stability

• Hyundai will not raise MSRP for its current model lineup for the next two months, starting today until June 2, 2025
• Builds on Hyundai's long history of Assurance programs that support American consumers
• Closely follows Hyundai's recent $21 billion U.S. investment and the grand opening of Hyundai Motor Group Metaplant America in Georgia
• Since entering the U.S., the Hyundai Motor Group has created 570,000 direct and indirect American jobs; future investments to create 100,000 more

FOUNTAIN VALLEY, Calif., April 4, 2025 /PRNewswire/ -- Hyundai Motor America today launched the Customer Assuranceⁱ program in response to dynamic market conditions and the potential impact of tariffs on the automotive industry. This unique initiative reinforces Hyundai's long-standing commitment to supporting American consumers and safeguarding affordability.

This initiative ensures that customers who purchase or lease any new Hyundai vehicle between today and June 2, 2025, will see no increase in the Manufacturer's Suggested Retail Price (MSRP) during the protection window. Customers can enjoy the peace of mind of knowing that MSRP will not increase, regardless of market conditions, providing financial reassurance and the time to make the right choice for their transportation needs.

"At Hyundai, we have a long history of providing value and doing what's right for our customers and communities," said José Muñoz, president and CEO, Hyundai Motor Company. "We know consumers are uncertain about the potential for rising prices and we want to provide them with some stability in the coming months. Our MSRP commitment is just one part of our multifaceted effort to provide great vehicles to American consumers, while also supporting hundreds of thousands of jobs and investing billions of dollars in the most important market for our company."

"Our commitment to maintaining the MSRP is another example of the focus we place on the consumer," said Randy Parker, CEO, Hyundai Motor North America. "We understand the challenges consumers face in today's economic climate, and we want to continue the momentum from record sales in March and the first quarter. This initiative builds on Hyundai's legacy of supporting American consumers and investing in the U.S. market."

Two weeks ago, Hyundai Motor Group announced a significant investment of $21 billion in the United States from 2025 to 2028. This investment is focused on expanding manufacturing capabilities, advancing future technologies, and enhancing energy infrastructure in America and will create more than 100,000 direct and indirect jobs. This latest U.S. investment builds on the Group's existing allocation of approximately $20.5 billion since entering the U.S. market in 1986 that has created more than 570,000 jobs.

Hyundai also recently celebrated the grand opening of Hyundai Motor Group Metaplant America. It's a key pillar in the company's $12.6 billion investment in Georgia and is the largest economic development project in the state's history that will create 8,500 direct jobs. At the grand opening, Hyundai also announced the plant's capacity is increasing to 500,000 vehicles. This expansion adds to the nearly 400,000-vehicle capacity at Hyundai Motor Manufacturing Alabama, which has been assembling vehicles since 2005.

With a strong track record of successfully navigating industry challenges—from the global chip shortage to COVID-era disruptions—Hyundai is well-positioned to lead through today's evolving landscape. The company's production and supply chain management flexibility across its portfolio enables it to respond quickly and strategically, ensuring customers receive the right products at the right time and at the right price.

Customer Assurance builds on Hyundai's legacy of innovative customer programs. Examples such as America's Best Warrantyⁱⁱ, the innovative job loss protection program and many others show Hyundai's dedication to supporting U.S. consumers. 

Hyundai Motor America
Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai's 850 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a published economic impact report. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

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Hyundai Customer Assurance applies to the manufacturer's suggested retail price ("MSRP") for new Hyundai vehicles sold on or before June 2, 2025. Hyundai Motor America will not increase the MSRP for new Hyundai vehicles on or before June 2, 2025. Dealer sets actual price of vehicle. MSRP excludes freight charges, tax, title, and license fees. Freight charges and actual dealer prices may vary. Must take delivery from dealer stock by June 2, 2025. See a participating Hyundai dealer for details. Offer ends June 2, 2025.

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Based on total package of warranty programs. See dealer for LIMITED WARRANTY details.

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SOURCE Hyundai Motor America

FAQ

How long will Hyundai's MSRP price freeze last for HYMTF vehicles?

The MSRP price freeze will last for two months, from April 4 to June 2, 2025, applying to all new Hyundai vehicles.

What is the size of Hyundai's new U.S. investment plan announced for HYMTF?

Hyundai announced a $21 billion investment plan in the United States from 2025 to 2028.

How many jobs will HYMTF's new investment create in the United States?

The new investment will create more than 100,000 direct and indirect jobs in the United States.

What is the production capacity of HYMTF's new Metaplant America in Georgia?

The Metaplant America facility in Georgia will have a production capacity of 500,000 vehicles.

How many jobs will HYMTF's Georgia Metaplant create?

The Metaplant America project in Georgia will create 8,500 direct jobs.