ID :
39061
Tue, 01/06/2009 - 14:10
Auther :

Hyundai offers car return program in U.S.

SEOUL, Jan. 6 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, said
Tuesday it is offering a generous incentive program that allows U.S. customers
who have recently lost jobs to return their vehicles free of charge.
Under the program, U.S. buyers of Hyundai vehicles who can't make their payments
due to layoffs, personal bankruptcy or accidental health issues can return their
vehicles within a year of purchase, Hyundai said in a statement.
"In this uncertain economy, we are looking for ways to reassure shoppers that
Hyundai still represents the best value in the auto industry," said John Krafcik,
chief executive officer of Hyundai's U.S. subsidiary, in the statement.
The incentive program comes as Hyundai suffered a 14 percent decline in U.S.
sales last year.
In 2008, Hyundai sold 401,742 vehicles in the U.S., compared with 467,009 units
sold a year earlier.
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