The partnership between Santander Consumer
Finance and Hyundai in this country has launched Hyundai Capital
UK, the new captive finance partner for both Hyundai and Kia.

The news follows the announcement in
April 2011 that Hyundai had switched finance partners from Black
Horse to Santander and
finalised the deal in November.

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Hyundai Capital will provide finance across
152 Hyundai and 170 Kia dealerships in the UK from mid 2012.

Both parties spoke of the deal in terms of
expansion across the Santander Group and particularly into other
European markets.

richard.brown@vrlfinancialnews.com

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