Korean automaker Hyundai Motor Co. might be boosting prices by 2 percent in Korea, but that doesn't mean prices in the United States are increasing by the same amount.
A spokesman for the U.S. operations of Korea's biggest automaker said Friday that U.S. prices have risen less than 1 percent on average.
"Pretty good given the economic circumstances we're in," he quipped.
He declined to provide an average dollar amount because prices for some vehicles, such as the company's Tucson sport utility vehicle?haven't gone up at all.
Hyundai mentioned steel prices as part of the reason for the increases in Korea, and higher steel tags likely had an affect in the United States, too?but the spokesman was careful not to pin the full brunt of the U.S. price hikes on steel.
"There are probably 100 things that impact our prices, and they all play a role," he said.