Hyundai Capital launches 14th overseas finance unit in India

Hyundai Capital has begun financial operations in India, launching its 14th overseas finance unit as it seeks to support Hyundai Motor Group's expansion in the world's third-largest automobile market. Hyundai Capital India officially started operations after converting its existing consulting entity into a financial company, Hyundai Capital said Monday. The unit will operate as a stand-alone subsidiary under Hyundai Capital's independent management. The company secured a nonbanking financial com