Hyundai has committed to making sure that any tariffs that may result from a no-deal Brexit will not be passed on to customers who order a car before the end of the year.
With no trade deal yet reached between the UK and European Union, it means extra duty could be placed on imported goods being brought into the UK from next year. This includes cars produced from outside Britain, and would likely mean the prices of new cars would increase for these models.
But in order to safeguard those ordering cars that won’t arrive until 2021, Hyundai has promised to ‘price protect’ all orders placed until December 31. Available for both retail and fleet customers, as well as those on Motability, it aims to make sure hidden costs aren’t passed on to motorists down the line. Similar measures have also been announced by Audi and Volkswagen.
Ashley Andrew, Hyundai Motor UK managing director, 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.”
Despite the coronavirus pandemic, 2020 has proven a busy year for Hyundai as it has updated or revealed all-new versions of the majority of its cars. In January the firm introduced a new generation of its i10 city car, while updates of the seven-seat Santa Fe SUV and i30 model range have also followed.
An all-new i20 supermini has also recently debuted, while a next generation Tucson will arrive in showrooms at the start of next year, closely followed by an update of the Kona crossover – including the Electric model, which boasts a 300-mile range.