In Sectors

Hyundai sets up finance unit in China to help car sales

Hyundai Motor Group said on Tuesday that it has set up an auto financing joint venture in China to start providing auto loans for Hyundai and Kia customers.

The move will help increase its market share in the world’s largest car market, where cash is still the dominant method of payment for vehicle purchases.

To view the full article (note: you must be an scmp.com subscriber), visit scmp.com. (From seven days after publication, this article will appear in Archive Search.)

(Source: scmp.com)

Follow Retail in Asia on Facebook, Twitter and LinkedIn.

Get our top stories delivered to your inbox:

 

Stay ahead
Subscribe for free!
Register now
Stay ahead