Genesis Motors is the luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Group. Initially envisioned along with the plan for Hyundai's new luxury sedan Hyundai Genesis in 2004, the Genesis brand was officially announced as a standalone marque on 4 November 2015.
|Division of Hyundai Motor Group|
|Predecessor||Hyundai Equus (G90)
Hyundai Genesis (G80)
|Founded||4 November 2015|
|Headquarters||Seoul, South Korea|
|Parent||Hyundai Motor Group|
Manfred Fitzgerald, former director of brand and design at Lamborghini, is senior vice president. Luc Donckerwolke, former design director of Volkswagen Group's Bentley, Lamborghini and Audi, leads the design brand since early 2016, and works alongside Hyundai-Kia's chief designer Peter Schreyer. Albert Biermann, former head of BMW M performance division, oversees tuning and performance in his role as executive vice president of performance development and high performance vehicles.
Hyundai introduced "Concept Genesis" in March 2007 as a "progressive interpretation of the modern rear-wheel drive sports sedan". The idea for the Genesis was conceived in 2003. The body design took three years and the total cost of the program was $500 million over a development period of 23 months. Reliability testing ran for 800,000 miles. Hyundai introduced the Hyundai Genesis in 2008 at the North American International Auto Show.
Chris Hosford, Hyundai's US spokesperson, cited three main reasons for making Genesis a stand-alone brand: A successful seven-year occupation in the luxury car market; the Genesis sedan ranking in the top three sellers in its segment; and customer demand for the Genesis brand.
Genesis announced the launch of its first model, the G90 (EQ900 in South Korea), on 9 December 2015. The G90 will also serve as the brand's flagship model. Genesis launched in the U.S. in late 2016, with the sale of the G80 and G90 models. The initial dealers are a subset of existing Hyundai dealers, with designated space for Genesis within the dealerships' showrooms.
In 2016, Genesis sold a total of 87,130 with 66,029 in South Korea.
A third luxury sedan will be introduced in 2018 and, by 2020, a sports coupe, and two SUVs are also expected to be introduced; this would bring the number of Genesis models to six. An alphanumeric naming convention will be followed for the brand; models will be named by combining the letter G with a number (70, 80, 90, etc.). Genesis is initially being marketed in South Korea, China, the Middle East, Canada and the United States, followed by Europe and rest of Asia.
Genesis Connected Services, a cloud-based service, features remote vehicle functions such as Remote Start with Climate Control and Remote Lock/Unlock is available on iOS, Android and an Alexa Skill developed with Amazon.
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- GENESIS TEAMS UP WITH AMAZON TO BRING CONNECTED CARS TO CONNECTED HOMES
- GENESIS LAUNCHES NEW INNOVATIVE LUXURY AMENITIES TO SAVE TIME AND ADD CONVENIENCE