Hyundai CE to develop financial instrument for Southeast Asian construction equipment clients

Hyundai Construction Equipment Co. will develop a financial instrument to support construction equipment buyers and accelerate its sales in Southeast Asia.

The financial instrument would be developed in cooperation with the DGB Financial Group.

Hyundai, South Korea's No. 2 construction equipment maker, will roll out its first financial product next month for its Cambodian customers.

According to Hyundai, the DGB financial group will also benefit from cooperation in increasing its presence in Laos, Cambodia, Vietnam, Laos, and Myanmar.

Last week, Hyundai Construction Equipment expanded its dealer network in North America with Alabama-based Don Allison Equipment.

Hyundai Construction Equipment Americas' dealer network now includes over 75 dealerships operating in more than 160 locations.