Free Cars, $20 Down Payments in Philippines as Auto Sales Dive
- Hyundai dealer offers free car for every Santa Fe SUV purchase
- Car sales in Philippines plunged 85% in May from year earlier
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Free cars and down payments as low as $20 a vehicle are up for grabs in the Philippines as dealers seek to recover from a record drop in sales brought on by the coronavirus pandemic.
Kia Motors Corp. Picanto hatchbacks are available for an upfront payment of just 1,000 pesos ($18), while select customers can make down payments of 18,000 pesos for K2500 commercial trucks, the automaker’s unit in the Philippines said in a statement.