LOS ANGELES In response to coronavirus fears, Hyundai is relaunching its Assurance job-loss safety program for brand spanking new autos, providing to make as much as six months of funds for patrons who purchase or lease over the subsequent six weeks via its captive financing arm. Genesis is providing an identical program.

The safety is on the market for autos offered or leased beginning March 14 and ending April 30, and financed by Hyundai Capital, the corporate mentioned Friday. Hyundai, which has bucked the business's downturn in retail gross sales, can also be permitting deferred funds for 90 days, at a buyer's request, towards the acquisition of choose autos, together with the Accent and Elantra sedans, and Venue, Kona, Tucson and Santa Fe crossovers.

The "Genesis Cares" program is analogous, masking new purchases and leases from March 14 via April 30 utilizing Genesis Finance for patrons who are suffering an involuntary job loss any time this yr, Genesis mentioned. Funds may be deferred by 90 days with the acquisition of...