Major Executives of Overseas Subsidiaries Gathered... Hyundai Capital's 'Global Forum' Successfully Concluded

More than 50 Key Executives from 16 Overseas Subsidiaries Worldwide Attend

[Asia Economy Reporter Yu Je-hoon] Hyundai Capital announced on the 9th that it held the 'Global Forum' at its headquarters in Jung-gu, Seoul, over approximately three days starting from the 7th, where executives and employees from major overseas subsidiaries around the world gathered to discuss this year's achievements and next year's business directions.

About 50 key executives and employees from 16 overseas subsidiaries in 13 countries worldwide, including the United States, Canada, the United Kingdom, France, Brazil, and China, attended this Global Forum. In particular, executives responsible for global sales support at Hyundai Motor Group also participated in the event, demonstrating the group's high level of interest in Hyundai Capital's global business.

At this forum, Hyundai Capital redefined its role as the exclusive finance company (Captive Finance Company) of Hyundai Motor Group and shared the new corporate vision to be announced next year with subsidiaries around the world.

Hyundai Capital also shared trends in the automotive markets of each country with global subsidiaries and discussed the 2023 business plans linked to Hyundai Motor Group's key businesses. Participants actively exchanged opinions on various agendas, especially on support measures for Hyundai Motor Group's electric vehicle sales, which are gaining popularity in the global market, and on the group's major global sales strategies.

A Hyundai Capital official said, "It was a very meaningful time where not only key executives from Hyundai Capital's global subsidiaries but also executives from Hyundai Motor Group gathered in one place to deeply discuss each subsidiary's business status, success cases, and strategies for next year," adding, "Going forward, Hyundai Capital will continue to create various synergies in domestic and overseas automotive markets based on a strong one team system with Hyundai Motor Group."

Meanwhile, despite the challenging global automotive finance market conditions this year, Hyundai Capital is expected to achieve combined domestic and overseas assets of 124 trillion won and pre-tax profits exceeding 1.5 trillion won, supported by the strong global sales performance of Hyundai Motor Group.