Hyundai ends buyback program

March 30, 2011 2:27:43 PM PDT
Hyundai is ending a program it offered to car buyers who worried about staying employed.

After Wednesday, Hyundai will no longer offer its buyback program to car buyers who lose their jobs within a year of purchasing a new car.

The South Korean automaker started the buyback program back in 2009. Hyundai's sales increased 8 percent that year when other automakers were posting strong sales declines.