{"id":5039,"date":"2022-01-17T09:00:00","date_gmt":"2022-01-17T09:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3631561_CN31561_0"},"modified":"2022-01-17T09:00:00","modified_gmt":"2022-01-17T09:00:00","slug":"hyundai-capital-and-cgi-finance-launch-hyundai-capital-france","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=5039","title":{"rendered":"Hyundai Capital and CGI Finance launch Hyundai Capital France"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1343103\/Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"xn-location\">SEOUL, South Korea<\/span>, <span class=\"xn-chron\">Jan. 17, 2022<\/span> \/PRNewswire\/ &#8212; Hyundai Capital Services, a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a subsidiary of Societe Generale Group, announce the launch of a joint venture, Hyundai Capital France (HCF). <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\" readability=\"7\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/1726746\/image1.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1726746\/image1.jpg?p=medium600\" title=\"Hyundai Capital France is a joint venture between Hyundai Capital and CGI Finance.\" alt=\"Hyundai Capital France is a joint venture between Hyundai Capital and CGI Finance.\"> <\/a> <br \/><span>Hyundai Capital France is a joint venture between Hyundai Capital and CGI Finance.<\/span><\/p>\n<\/p><\/div>\n<p>HCF will support Hyundai Motor France, <span class=\"xn-person\">Kia France<\/span> and their dealer network \u2013 spread across nearly 400 sites in <span class=\"xn-location\">France<\/span> \u2013 in lease and loan financing for new vehicles and used vehicles in addition to serving as a sales agent for relevant insurance policy products. The company will benefit from the support of Societe Generale Group and operate under the Hyundai Finance and Kia Finance brands within their respective networks and with dedicated teams.<\/p>\n<p>&#8220;France is a strategically significant market for Hyundai Motor Group and we are very glad to form a joint venture with Societe Generale Group in this regard,&#8221; said <span class=\"xn-person\">Kim Hyun Joo<\/span>, Executive Vice President and Head of Global Business Division at Hyundai Capital. &#8220;Hyundai Capital, as a captive finance provider, aims to support Hyundai Motor Group&#8217;s meaningful expansion in <span class=\"xn-location\">France<\/span> with tailored products and services.&#8221; <\/p>\n<p>&#8220;We are very proud of this new chapter with the Hyundai Motor Group, which is the recognition of a long-term partnership. It will enable CGI Finance to continue to grow and support Hyundai Motor France, <span class=\"xn-person\">Kia France<\/span> and their dealers network while offering services for a more sustainable mobility to consumers,&#8221; said <span class=\"xn-person\">Ludovic Van De Voorde<\/span>, CEO of CGI Finance. <\/p>\n<p>A major sales destination for Hyundai and Kia vehicles in <span class=\"xn-location\">Europe<\/span>, France is one of the most important markets for the Hyundai Motor Group. The Group has opted for the strategy of setting up a captive finance company to further support vehicle sales in the European market by providing tailored financial services for customers and dealers.<\/p>\n<p>HCF is the 10th overseas financial entity of Hyundai Capital and 17th when consulting entities and branches are taken into account. Within <span class=\"xn-location\">Europe<\/span>, it is the fifth entity after the ones in <span class=\"xn-location\">Germany<\/span>, the <span class=\"xn-location\">United Kingdom<\/span>, <span class=\"xn-location\">Russia<\/span> and <span class=\"xn-location\">Italy<\/span>. With the establishment of Hyundai Capital Bank Europe in <span class=\"xn-location\">Germany<\/span> in 2016, Hyundai Capital vowed to enter into additional countries in <span class=\"xn-location\">Europe<\/span>. Before France, the company opened a branch in <span class=\"xn-location\">Italy<\/span> in 2021.&nbsp;<\/p>\n<p><b>Hyundai Capital<\/b><\/p>\n<p>Hyundai Capital, a leading consumer finance company founded in 1993, has been offering financial services tailored to meet the needs of Hyundai, Kia and Genesis brands globally. Spearheading the globalization of Korea&#8217;s finance sector, Hyundai Capital, headquartered in <span class=\"xn-location\">Seoul, South Korea<\/span>, is now active in 13 countries in the Americas, <span class=\"xn-location\">China<\/span> and <span class=\"xn-location\">Europe<\/span> and plans further expansion. As part of moves to diversify business models, the company has developed new mobility-exclusive products and set up an automobile leasing company overseas.<\/p>\n<p><b>CGI Finance<\/b><\/p>\n<p>Founded in 1951, CGI Finance, a financial institution and subsidiary of the Soci\u00e9t\u00e9 G\u00e9n\u00e9rale Group, offers innovative financing solutions to the automobile and nautical distribution sectors and helps thousands of French people every year in their lives as motorists, boaters or in managing their budgets.<\/p>\n<p>The company, a leader in used car leasing and an expert in the automotive market, runs 19 car and boat sales offices in <span class=\"xn-location\">France<\/span>.<\/p>\n<p><b>Contact<\/b><\/p>\n<p><b>Hyundai Capital <br \/><\/b><b>PR Team Senior Manager<br \/><\/b><b><span class=\"xn-person\">Seo Ji<\/span>-eun <br \/><\/b><b>Email: <\/b><b><a target=\"_blank\" href=\"mailto:jeannie.seo@hcs.com\" rel=\"nofollow noopener\">jeannie.seo@hcs.com<\/a><\/b><\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN31561&amp;sd=2022-01-17\"> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/hyundai-capital-and-cgi-finance-launch-hyundai-capital-france-301461202.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/hyundai-capital-and-cgi-finance-launch-hyundai-capital-france-301461202.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, South Korea, Jan. 17, 2022 \/PRNewswire\/ &#8212; Hyundai Capital Services, a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a subsidiary of Societe Generale Group, announce the launch of a joint venture, Hyundai Capital France (HCF). Hyundai Capital France is a joint venture between Hyundai Capital and CGI Finance. HCF will support [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":5040,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-5039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hyundai Capital and CGI Finance launch Hyundai Capital France - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=5039\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyundai Capital and CGI Finance launch Hyundai Capital France - My Blog\" \/>\n<meta property=\"og:description\" content=\"SEOUL, South Korea, Jan. 17, 2022 \/PRNewswire\/ &#8212; Hyundai Capital Services, a financial services subsidiary of Hyundai Motor Group, and CGI Finance, a subsidiary of Societe Generale Group, announce the launch of a joint venture, Hyundai Capital France (HCF). 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