Hyundai Motor Company Launches Domestic Certified Used Car Business Zainal Abidin, 08/01/2026 Hyundai Motor Company marked a significant remarketing milestone with the launch of its certified used car business in Korea, underlining its commitment to playing an active role in the domestic used car market. Wonha Yoo, Vice President of Hyundai Motors Asia Region, emphasized the company’s dedication to customer satisfaction, stating, “Made by us, Cared by us,” encapsulating their philosophy towards the certified used car business. Unique news, as OEM-initiated second hand networks are not as common as in, eg, Europe or the US.TargetsHyundai Motor Company aims to bridge the gap between new and used car markets, ensuring that used car customers receive the same level of care and attention as new car buyers. This initiative comes after almost 2 years of preparation, including the establishment of dedicated infrastructure for the second-hand network.In light of the increasing demand for used cars in South Korea, Hyundai Motor Company sets an ambitious sales target of 5,000 units for 2023, with plans for further expansion in the coming years.CertifiedThe introduction of ‘Manufacturer Certified Pre-Owned’ vehicles by Hyundai Motor Company sets a new standard in the market, offering consumers reliable used vehicles backed by manufacturer certification. These certified used cars … Continue Reading
Role of dealership highly valued by used car buyers Zainal Abidin, 25/11/2025 Nearly half (48%) of those looking to buy a used car considering visiting an established bricks-and-mortar seller provides them with the added assurance that it has likely undergone rigorous checks.The findings emerged in the latest Opinion Matters poll of 2,050 UK driving license holders who were commissioned by The Motor Ombudsman, the independent watchdog for the automotive sector.Furthermore, 43% of survey participants wanted a safety net if something was to go wrong with their car after purchasing it, as they would have more legal rights compared to if they had sourced the vehicle via a private seller.The research showed that nearly one in four buyers (38%) would prefer to visit a showroom, as they would have a greater opportunity to view and understand a car’s history, including its servicing records and documentation.A similar proportion, 34%, said that there would often be an opportunity to purchase an extended warranty agreement to help protect them from costly mechanical or electrical failures.Lastly, if they were to buy a used car, a third of survey participants cited that they would steer away from a private individual, in favor of buying one from a seller that is accredited by The… Continue Reading