car launch news

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Car launch news
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Hyundai Brings in first-time EMI assurance
program for the Jobless!

• This Wednesday, Hyundai Motor India has come
  forward with a unique and first of its kind EMI
  assurance program. This news has come as a
  respite amidst the period of uncertainty and
  fear. This program is valid for the purchases
  made during the month of May car launch news.
  Hyundai wants to assure its customers that even
  during the terrifying circumstances like job loss
  wont affect their purchases.
• According to Hyundai, the program covers up to
  three-car loan EMIs for selected new customers
  who are facing issues like loss of employment.
  The one-of-its-kind programs cover a time period
  of one year, from the date of sale, excluding the
  initial three months.
• Mr. Tarun Garg, the sales, service, and marketing
  director of Hyundai believes that this program
  will bring in the much-needed peace of mind to
  the buyers during this terrific time. Hyundai
  understands the aspirations and dreams of a
  common man regarding buying a four-wheeler. So to
  ease down the burden of acquisition of a Hyundai
  car, the company has come up with this
  innovative, industry-first assurance program.
• April has been nightmarish for the carmakers. The
  industry has seen zero sales owing to the
  national lockdown. Factories and showrooms
  remained closed because of the pandemic.
  Therefore, different companies, including
  Hyundai, have emphasized upon online sales, in
  order to maintain social distancing. Showrooms
  and service centers are now following strict
  hygiene and sanitization regime to fight the
  COVID-19 outbreak.
• The bleak scenario across the auto industry is
  the same all around the world. In the month of
  April, there has been a drop of 97 in the UK
  auto industry. While the US witnessed a dip of
  50. Dealers are not accepting new units, and
  hence, cars are getting piled up in ships and
  trains. Europe has also witnessed a drastic drop
  in demand. The future, too, does not seem
  promising.