G70 release date

[babyboy2801]

After posting on twitter and instagram multiple time I finally got an answer from Genesis_usa on instagram. The G70 will be released late summer so I am assuming late July early August. I am assuming it will debut at the New York Auto Show at the end of March beginning of April. This gives them about 4 to 5 months to prepare for it to go on sale. I am wondering if we will be able to preorder like they did in Canada.

 

[Mark_888]

Late summer could be end of August.

 

[babyboy2801]

Also true. Maybe I should of said July or August.

 

[g70]

I hope this does not push back the Canadian release.

 

[GV70GUY]

Well I know people have said Nov release

 

[babyboy2801]

Confirmed again today.

- - - Updated - - -

 

[Mark_888]

Well I know people have said Nov release

Maybe in California (Genesis USA Headquarters) they consider Nov to be late summer.

But anyway, these are estimates. If everything was ready to go, they would release it now. They are only estimating when everything that needs to be done, will actually be done in time for the estimated release date. Sometimes stuff happens that delays things past the estimated date.

 

[Mcc]

Maybe in California (Genesis USA Headquarters) they consider Nov to be late summer.

But anyway, these are estimates. If everything was ready to go, they would release it now. They are only estimating when everything that needs to be done, will actually be done in time for the estimated release date. Sometimes stuff happens that delays things past the estimated date.

Mark_888 is right. There is no fixed date. So it doesn’t make any sense to create artificial anxiety about exactly when. You can wish it were earlier but it is when it is.

 

[EdP]

Mark_888 is right. There is no fixed date. So it doesn’t make any sense to create artificial anxiety about exactly when. You can wish it were earlier but it is when it is.

According to a CNET article this morning, there will be no G70 at the NY Auto show and intro is going to be June or July. Of course, things do change. There will be a CUV concept car with fuel cell athe show though.

 

[devellis]

Summer ends Sept. 21st. So "late summer" sounds like the end of August or the beginning of September at the earliest. Mid-September would certainly qualify as "late summer" by the calendar. With the kind of slippage that is typical in these matters, Nov. could well be right. However, that might be a tough time of the year to move a sportier-style car as cold weather and potentially slipperier roads start appearing in the northern parts of the US. Also, people are beginning to contemplate holiday expenses around that time of year. Unless the plan is to have a new car "under the tree," that could delay a large purchase. I bet that if they can get it out somewhat earlier, they will. But, as others have said, we'll see when we see.

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[GV70GUY]

And I going to rephrase my saying Nov Release I meant more like Nov availability.

Also we can look at what the date of the Canadian Release was and the date they actually start arriving at dealers or in owners hands.

 

[Mark_888]

And I going to rephrase my saying Nov Release I meant more like Nov availability.

Also we can look at what the date of the Canadian Release was and the date they actually start arriving at dealers or in owners hands.

I don't even know (or care) what "release date" means. The only thing that matters is when they are available for sale at dealers. The second thing that matters is whether they have enough supply to match demand when they arrive at dealers.

 

[Mcc]

I don't even know (or care) what "release date" means. The only thing that matters is when they are available for sale at dealers. The second thing that matters is whether they have enough supply to match demand when they arrive at dealers.

I am betting they wont and I am not even sure they want to when first available for sale.
So would you rather they wait to sell until they have enough available (of course how do you accurately gauge what that number should be) or sell but have to wait for delivery (and how long)? I am not trying to provoke an argument just wondering what the right strategy is assuming you cant go back into the past with a time machine and change decisions that have already been made.

 

[Mark_888]

I am betting they wont and I am not even sure they want to when first available for sale.
So would you rather they wait to sell until they have enough available (of course how do you accurately gauge what that number should be) or sell but have to wait for delivery (and how long)? I am not trying to provoke an argument just wondering what the right strategy is assuming you cant go back into the past with a time machine and change decisions that have already been made.

To be honest, I don't really know what you are talking about. Maybe that is my fault.

I don't understand how one can sell a car until it is at a dealer (you can't, at least in the USA). Obviously, they want to publicize the car to some degree before it arrives at dealers, but not sure that is a "release date." They can publicize it via the automotive press, or at auto shows. But if they are making last minute changes to the car, then they have to be careful that the preview cars are not too different than the production models (preferably not at all different).

If a non-production model is made available to the press or auto-shows, is that a "release"? To me, release date is when they first start shipping to dealers from the port of entry in the USA.

I realize that some people can't want for the dealers to receive the G70, and are already foaming at the mouth, and for those people I recommend a cold shower.

 

[Mcc]

Yes there are a lot of different ways to define release date and I don't think there is any "official" definition. Could also be when a production car is made available to the press or car show.

I agree - cold shower, too much gnashing of teeth

 

[GV70GUY]

Well release date the way I understand it is the date the vechicle is officially a real car available to be sold in what ever country it will be sold in. Then the dealer will be allowed to place orders once a second date is released when Genesis starts accepting orders. Then the time it will take to build and ship those cars to the US in this case. So from release date to the first cars hitting the dealers could be months.

 

[Mark_888]

Well release date the way I understand it is the date the vechicle is officially a real car available to be sold in what ever country it will be sold in. Then the dealer will be allowed to place orders once a second date is released when Genesis starts accepting orders. Then the time it will take to build and ship those cars to the US in this case. So from release date to the first cars hitting the dealers could be months.

Not sure I understand that.

Here is what I believe happens. It may only be 90% correct, and I welcome clarification from people who know the details pertaining to Genesis or Hyundai, but I think the following is basically the way it works:

Genesis Motors USA (which reports to Hyundai Motor America) determines what the trim levels will be and what options will be included with each trim level, for the USA market. That has probably already been done (hopefully). In the past, the USA trim levels and options for Hyundai Genesis and Genesis Motors GXX have always been different than the ones offered in Korea (and even different in most cases from what is sold in Canada).

When the time comes, Genesis Motors USA orders the cars from Hyundai Motor Korea and selects the quantities of each trim level and color, etc that they want, and when they want them. Obviously, there is considerable lead time required for manufacturing and ocean freight. Genesis Motors USA makes these decisions (especially on quantities) based on their best guess of what will sell, and they might get "some" feedback from dealers on this.

Then Genesis Motors USA lets dealers in the USA reserve specific allocations from among the cars Genesis Motors USA has already ordered from Korea. If dealer requests outnumber the ones available for a specific color or trim level, that will usually affect the future orders that Genesis Motors USA places with the Korean factory to better balance supply and demand.

Vehicles made in Korea have to be imported by Genesis Motors USA at various ports of entry around the US, and then Genesis Motors USA as distributor may add additional options (like wheel locks) and create the MSRP window sticker, etc. Then they ship the vehicles to dealers (usually via truck) based on the number of units that dealers have requested, including specific color and trim level requests (if they have enough to accommodate dealer requests). They have to optimize the truck load to a certain dealer or nearby dealer so that it is done in an efficient manner.

 

[GarnetTy1473]

FYI, Genesis is now telling dealers they won't be seeing any until some time in June.

 

[GenesisYEG]

I hope this does not push back the Canadian release.

It probably won't. Canadian cars are already being produced. I was told some cars might be here as early as early April but I will know for sure once they hit port.

 

[devellis]

FYI, Genesis is now telling dealers they won't be seeing any until some time in June.

Well, June is a pretty good time for a new car to show up. Weather is nice and people are contemplating summer driving trips. That's a lot better than trying to introduce a new car in November.

Historically, new American cars would get introduced in September. The idea was that, during the summer months, the previous year's models would still sell because demand was generally high at that time of year. As the Fall aproached, demand would flag and so they'd bring out the new model year then to stimulate interest.

It's a different calculus, of course, when an entirely new model (as opposed to an annual update of an existing model) is being introduced. And doing that at a time of year when demand tends to be higher makes sense. So a June availability seems like a good choice for Genesis if they can meet that goal. That would also allow them to hold prices for the first month or two and, as demand subsides with approaching cooler weather, offer discounts to help maintain sales. It's also helpful to be out-of-cycle with competitors' new models so that the G70 isn't competing for attention with its rivals. We'll see.