Hyundai UK to price-protect all orders in event of no-deal Brexit
Hyundai Motor UK has announced it will price-protect all orders taken until the end of the year, even in the event of a no-deal Brexit.
The Society of Motor Manufacturers and Traders (SMMT) has warned that a 10% ‘no-deal’ WTO tariff would bring an average hike of £1,900 per EU-built vehicle sold in the UK, rising to £2,800 for fully electric cars.
However, Hyundai UK has committed to protecting its vehicle prices on all orders taken ahead of 31 December. This applies to both retail and fleet customers, as well as Hyundai Affinity buyers, and is valid on existing model year vehicles.
Ashley Andrew, Hyundai Motor UK MD, said: “Our retailers have been enormously innovative and resilient during 2020, and we are doing what we can to support them. Having successfully navigated two national lockdown periods, the remainder of 2020 is a fruitful opportunity for our retailers and we don’t want the uncertainty of a no-deal Brexit to stand in the way of sales. This price protection promise will support our dealers this month while also reassuring our customers.”