Hyundai Motor Group plans to collaborate with Banco Santander to set up auto finance companies in Brazil and the U.K., as well as Austria, Italy, and Sweden.

“The discussions regarding a business collaboration are aimed at providing high-quality auto financing services to customers in Europe and South America where Santander has a strong presence and financial network,” Hyundai Motor Group said in a statement.

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Tags: austria, brazil, hyundai, italy, santander, sweden, u.k.

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