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In December 1993, Hyundai Capital Services [2] was founded under the name Hyundai Auto Finance overlooking automotive and housing finances. In 1999, the company changed its name to Hyundai Capital Services. Hyundai Capital Services started its auto leasing business in 2001 with its inaugural product, "Just Drive."
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ME 2025 Global Electric mid-size crossover SUV under the Ioniq sub-brand. - Kona/ Kauai: 2017 SX2 2023 Global, developed market-oriented Subcompact crossover SUV (B-segment) oriented for developed markets. 234,614 Mufasa: 2023 NU2 2023 China Two-row compact crossover SUV for the Chinese market. Successor to the ix35. - Nexo: 2018 FE 2018
Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.
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In early 2022, Hyundai Motor Philippines, Inc. (HMPH) became the official distributor of Hyundai passenger cars in the country after the company was able to take over its passenger car operations from HARI, [114] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
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