Hyundai and Kia cut prices by up to $16,000 globally to protect market share

Azernews.Az

26 June 2025 18:45 (UTC+04:00)

As newly imposed U.S. tariffs on imported vehicles weigh heavily on the auto industry, Hyundai Motor and Kia are launching aggressive global promotions in an effort to maintain sales momentum and cushion the impact of expected price hikes. The move is widely seen as a pre-emptive strategy to counter declining demand in the United States and safeguard their global market share, Azernews reports,citing Korean media.

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

1.00₼

Select

3 months subscription

Full digital access to all news for 3 months

2.00₼

Select

-33%

6 months subscription

Full digital access to all news for 6 months

3.84₼

Select

-36%

1 year subscription

Full digital access to all news for 1 year

7.10₼

Select

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!