Hyundai Glovis to Expand Used-Car Business

  • By Lim Kyeong-eop

    January 21, 2022 10:58

    Hyundai Glovis plans to launch a used-car brokerage service called Autobell, the company said Thursday.

    It will link used-car dealers and individual sellers and buyers online.

    Hyundai said it will allow only authorized dealers to use the service to prevent fraud. Real-time data on the latest used-car prices and other information will be provided.

    The company has engaged in the used-car auction business since 2001, buying used cars and selling them to dealers.

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