Hyundai Capital America Announces Partnership With AutoGravity

Hyundai Capital America today announced that it has joined the AutoGravity car shopping and financing platform. End Quote

(1888PressRelease) September 21, 2017 - Beginning in the state of California, financing through Hyundai Capital America is now accessible to AutoGravity users searching for financing for a Hyundai, Kia or Genesis.

“With the growing number of consumers embracing AutoGravity, as well as the seamless integration of AutoGravity with dealer process, we felt that this was the perfect opportunity to test the platform,” said Ross Williams, President and CEO at Hyundai Capital America.

Based in Irvine, California, AutoGravity uses proprietary technology to connect car shoppers, lenders and dealers through a modern digital marketplace. AutoGravity collaborates with leading banks and captive lenders like Hyundai Capital America to empower its users with convenience, transparency and choice while sending ready-to-buy customers to the dealership.

“AutoGravity brings the car financing experience into the digital age where today’s consumer wants to find it: in the palm of their hand,” explained Andreas Hinrichs, founder and CEO of AutoGravity. “With the addition of Hyundai Capital America, we can offer our users even more finance choices, making that drive off the dealership lot even more rewarding.”

The first-of-its-kind app is available for download from the Apple® App Store® online store and the Google PlayTM store. AutoGravity is also available as a mobile-responsive web-app at www.autogravity.com.

More than 700,000 consumers have downloaded the AutoGravity app since it launched in the summer of 2016. The AutoGravity platform is available across the United States.

ABOUT AUTOGRAVITY
AutoGravity is revolutionizing the way people buy and finance cars. Harnessing the power of the smartphone, AutoGravity technology provides a new level of transparency, convenience and speed to the car shopping and financing process. AutoGravity partners with the world’s leading banks and financial services companies to give car buyers direct control over their car financing options while connecting them to a nationwide network of trusted car dealerships. Available on iOS, Android and Web, AutoGravity empowers car buyers with up to four offers in minutes. Based in Irvine, California, AutoGravity was founded by an international team of digital natives and auto industry veterans. For more information on AutoGravity, please visit www.autogravity.com and follow ( @ ) AutoGravity on Twitter dot

ABOUT HYUNDAI CAPITAL AMERICA
Headquartered in Irvine, CA, Hyundai Capital America is a top-10 U.S. auto finance company supporting the financial services needs of Genesis Motors, Hyundai Motor America, and Kia Motors America. Through the Hyundai Motor Finance®, Genesis Finance®, and Kia Motors Finance® brands, the company provides financial products to Hyundai, Genesis, and Kia dealerships nationwide, including dealer inventory and facility financing, as well as indirect vehicle financing for retail and lease customers. As of 2016, the company serves over 1.7 million customers and over 1,600 dealers nationwide, and has over $35 billion in assets. In addition to its two offices in Orange County, CA, Hyundai Capital America has customer support centers in Atlanta and Dallas.

Kia Motors Finance is the registered trademark of Kia Motors America, Inc. and is used with permission.

Genesis Finance does business in the State of Utah as Genesis Finance USA.

Apple® and App Store® are registered trademarks of Apple Inc.

Google PlayTM is a trademark of Google Inc.

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