Automotive Financial Group Automotive Financial Group Automotive Financial Group (normally styled as AFG) was a British company specialising in automotive retailing, and the sale of associated products and services. The company was founded by the Austro Hungarian businessman Octav Botnar, as an extension of his successful Nissan import and distribution company "Nissan UK". Botnar had successfully built up a successful business since 1970, importing and marketing cars of the Datsun/Nissan within Britain, eventually attaining a 6% overall market share by 1980, to the point where the United Kingdom was the only export market where Nissan outsold its arch rival Toyota. Botnar had achieved
Automotive industry crisis of 2008–10 promote the Hyundai brand in the United States. Nonetheless, South Korean automakers were not completely immune to this automotive crisis and in December 2008 Hyundai Motor Company had begun reducing production at plants in the U.S., China, Slovakia, India and Turkey because of sluggish demand. The company missed an earlier projection of 4.8 million units for 2008 and announced a freeze of wages for administrative workers and shortened factory operations as demand weakens amid a global financial crisis. South Korea's fourth largest automaker, SsangYong Motor, owned by the Chinese automobile manufacturer SAIC (Shanghai Automotive Industry Corporation), is the worst affected