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Kia Motors announces measures to protect financial viability of dealers

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The company will take on the interest cost of the dealers for the inventory of vehicles they purchased and underutilized dealer funds have already been remitted back to their current accounts Kia Motors India – one of the new entrants in the Indian market – on Tuesday, announced a slew of initiatives to help protect the financial viability of its dealer partners, as car sales have come to a halt due to the Covid-19 pandemic.

As showrooms have remained closed over the last three weeks due to lockdown measures announced by the union government to contain the spread of Covid – 19, car makers have announced financial help for their dealer partners.

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