Hyundai to Donate Equus Auction Profits to UNICEF
(Seoul, Korea) Hyundai Motor Company will donate a portion of profits generated from the auctioning of three Equus Limousines used by global leaders during the G20 Seoul Summit to UNICEF. The proceeds of the auction will be used to improve the educational environment for children in Africa.
The auction will take place on Dec. 14, the automaker said during a recent charity event held in Seoul, while the difference between the starting bid price and the final auction price will be used for UNICEF's `Schools for Africa.’
The Equus vehicles provided to leaders during the G20 Seoul Summit are garnering much attention in Korea, with all 60 units sold to the public through advance orders.
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Established in 1967, Hyundai Motor Co. has grown into the Hyundai-Kia Automotive Group which was ranked as the world’s fifth-largest automaker since 2007 and includes over two dozen auto-related subsidiaries and affiliates. Employing over 75,000 people worldwide, Hyundai Motor sold approximately 3.1 million vehicles globally in 2009, posting sales of US$41.8 billion (including overseas plants, using the average currency exchange rate of 1,276 won per US dollar). Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms. Further information about Hyundai Motor and its products are available at www.hyundai.com.