Hyundai Commercial Signs Win-Win Financial Partnership with CJ Logistics

Exclusive Financial Products for CJ Logistics’ Dedicated Vehicle Owners
"Partnerships Established with Korea’s Top Three Major Logistics Companies"

Hyundai Commercial announced on October 31 that it has agreed to collaborate with CJ Logistics to ease the financial burden for commercial vehicle owners.

Kim Jaewan, Head of Hyundai Commercial (left), and Choi Gapju, Group Head of CJ Logistics, are taking a commemorative photo at the signing ceremony held on the 30th at Hyundai Commercial headquarters in Yeouido, Yeongdeungpo-gu, Seoul. Hyundai Commercial

On the previous day, Hyundai Commercial and CJ Logistics signed an "exclusive financial partnership for a win-win financial program" at Hyundai Commercial's headquarters in Yeouido, Yeongdeungpo-gu, Seoul.

CJ Logistics is a comprehensive logistics company that operates domestic logistics services such as parcel delivery and third-party logistics (3PL), and has established a global supply chain through smart logistics innovation.

Hyundai Commercial explained that the collaboration was initiated to develop exclusive financial products for CJ Logistics' entrusted vehicle owners and partner companies.

The two companies plan to lower the financial burden on vehicle owners by developing exclusive products that secure necessary loan limits and offer benefits such as interest rate discounts.

In addition, a dedicated financial product will be introduced for users of CJ Logistics' logistics brokerage platform, "The Unban."

Previously, Hyundai Commercial had signed exclusive financial partnership agreements with major logistics companies such as Hyundai Glovis and LX Pantos through similar collaborations.

A Hyundai Commercial representative stated, "Through this agreement, Hyundai Commercial will pursue various initiatives to support vehicle owners engaged in logistics business with CJ Logistics."

This content was produced with the assistance of AI translation services.