Latest Hyundai Capital News
Sep 29, 2021
Posted : 2021-09-29 12:19 By Park Jae-hyuk Hyundai Capital, the automotive financing arm of Hyundai Motor Group, said Wednesday that it has started offering online financial services from last month for customers in the U.K. seeking purchase the Genesis G80 sedan and GV80 sport utility vehicle (SUV). Genesis buyers can also: apply online for test drives, select models, choose options, apply for financing, sign contracts and request vehicle delivery. "The launch of Genesis in the U.K. allows Hyundai Capital U.K. (HCUK) to enter a new market segment and attract a new customer base," HCUK Managing Director Ian Whittaker said. "We have taken all the knowledge and investment from the last nine years and tailored our products and services to support Genesis and their customer offering as they enter the premium sector." Hyundai Capital Bank Europe, the firm's German subsidiary, is also offering a wide range of financial products through Genesis Finance. The auto financing unit launched Genesis Finance in 2015 and renamed it "G-Finance" in January to allow customers in Korea to select different financial products based on their needs. In addition, Hyundai Capital Canada has accelerated its efforts to establish a digital online platform that enables consumers there to lease vehicles more conveniently. "For the past seven years, Hyundai Capital has powered Genesis Finance to enable consumers to conveniently purchase, lease and finance Genesis vehicles," a Hyundai Capital representative said. "Starting in Korea and expanding into North America, Genesis Finance has witnessed exponential growth and success. On account of this growth, Hyundai Capital has gained the necessary experience and knowledge needed to replicate success in new markets such as Europe and China." Hyundai Motor Group launched the Genesis luxury brand in 2015. Cumulative global sales of the brand's vehicles exceeded 500,000 as of May of this year.