Hyundai says finance applications prove interest in the brand
Hyundai Automotive South Africa continues to experience exceptional consumer interest, with over 10 000 new vehicle finance applications received every month, which is 37% higher than last year.
Share with friends
This is in addition to the consistent sales of over 3 000 Hyundai vehicles monthly.
Stanley Anderson, CEO of Hyundai Automotive South Africa shared these figures, noting that the brand’s appeal spans from entry-level models to premium offerings. “These numbers are more than just statistics as they represent empirical evidence of how deeply South Africans have connected with the Hyundai brand.”
The growing demand also aligns with Hyundai’s ongoing efforts to innovate and localise its offerings, ensuring products are well-suited to South African conditions and consumer needs. “Our vehicles continue to resonate with South Africans because we offer quality, reliability and value for money. These are the three things that matter deeply to our customers,” Stanley adds.
The constant flow of new vehicle finance applications reflects strong market confidence and align with national trends. According to the National Association of Automobile Manufacturers of South Africa (naamsa) August 2025 New Vehicle Sales Statistics, credit conditions also continued to improve.
Stanley Anderson.
Household credit extension rose by 3.1% year-on-year in June, while private-sector credit growth firmed to 5.0% year-on-year, reflecting a gradual loosening in borrowing conditions that supported big-ticket spending, including motor vehicles.
To further support South Africans in realising their dreams of owning a Hyundai, the company is actively engaging with its financial partners to explore collaborative solutions that could improve finance approval rates.
“Recognising the financial pressures many consumers face owing to the rising cost of living, we are prospecting various financing models, including extended loan terms, tailored instalment plans as well as flexible payment holidays,” states Johan Nel, Sales Director at Hyundai Automotive South Africa.
Ahead of the 2026 State of the Nation Address (SONA), Zero Carbon Charge (CHARGE) has once again called on the President and national government to act decisively on South Africa’s electric vehicle transition.
Volkswagen Commercial Vehicles is re-entering the growing urban delivery market with the launch of the Vivo Xpress which will be available for sale from February 2026.
There is a profound realignment in consumer expectations, brand positioning and technological priorities, with Germany losing long held advantages in its domestic market while China rapidly moves up the value chain.
Over the past weekend, reports surfaced of a letter sent by Martina Biene, chairperson and managing director of Volkswagen Group Africa (VWGA), to President Cyril Ramaphosa warning of the increasingly precarious position of South Africa’s automotive sector.
On 20 February 2026, at the Phillip Island Grand Prix Circuit in Australia, the new WorldSBK season roars to life, promising one of the most dynamic championships in recent memory.