Illinois says my Genesis is a Hyundai

[Mcc]

I completely believed you, but with Mcc, he doesn't believe anything I post unless proof is provided. So I had to admit that my only knowledge was what you posted. Of course, if he agrees with what I post, he doesn't require any proof.

I also believe what your dealer told you, because it sounds reasonable, and consistent with what other were quoted as saying.

I could be wrong, but I thought at one time they did call it Genesis Motors USA, but I do see is now Genesis Motor America. Their Twitter account is still @genesisUSA
https://twitter.com/genesisusa?lang=en

I agree that no Genesis dealerships are authorized to sell 2019 Genesis models in the USA at this time. But at least half of the Hyundai dealerships sold Genesis Motors vehicles for model year 2017 and 2018. It may be that they changed the legal name of the company in the USA to Genesis Motor America to emphasize that no one is yet authorized to sell the 2019 models (or maybe not). This makes it look like they haven't selected a Genesis dealer network yet, when in reality (except for the legal change in company name) they are ripping the Genesis models from hundreds of Hyundai dealers starting with model year 2019. That's why they will supposedly have to compensate some of them for no longer being able to sell Genesis vehicles.

You should write for the tabloids. I especially like the sensationalism in the phrase “ripping the Genesis models from hundreds of Hyundai dealers”. Last I heard they were offering them 4 million dollar in compensation. Yea that is pretty tough to take. You could say that the dealers are trying to screw Genesis out of every penny they can even the ones that delivery lousy service. Sound unbiased like your quote? They “are” ripping but they “supposedly” have to compensate. If you just said things in a normal way without the editorializing, I think we would agree on a lot.

Actually, I agree with most everything else now that we have the full quote. You have to admit that the way it was first said was confusing and needed to be questioned, whether I agreed with it or not.

 

[Mark_888]

I especially like the sensationalism in the phrase “ripping the Genesis models from hundreds of Hyundai dealers”. Last I heard they were offering them 4 million dollar in compensation. Yea that is pretty tough to take. You could say that the dealers are trying to screw Genesis out of every penny they can even the ones that delivery lousy service.

If they weren't ripping the right to sell Genesis vehicles from existing dealers, they wouldn't have to compensate them so much for doing it.

Personally, I think the Genesis Motors plan is ridiculous and outrageously expensive given the amount of money they will have to pay to buyout most of the existing Genesis dealers. With proper planning just a few years ago before the first Genesis Motors vehicle, they wouldn't have had to pay them a dime. If they had continued to sell the 2017 and 2018 models as a Hyundai (the 2017 G80 was almost identical to the 2016 Hyundai Genesis), they could have a smooth launch to Genesis Motors starting in 2019 while cutting the dealer network to 100 dealers.

I am sure there are some dealers who had lousy service, but I not convinced that is the main criteria being used for the selection of the 100 dealers going forward. With only 100 dealers, smaller markets are going to be cut out regardless of how good their service is.

 

[Mcc]

If they weren't ripping the right to sell Genesis vehicles from existing dealers, they wouldn't have to compensate them so much for doing it.

Personally, I think the Genesis Motors plan is ridiculous and outrageously expensive given the amount of money they will have to pay to buyout most of the existing Genesis dealers. With proper planning just a few years ago before the first Genesis Motors vehicle, they wouldn't have had to pay them a dime. If they had continued to sell the 2017 and 2018 models as a Hyundai (the 2017 G80 was almost identical to the 2016 Hyundai Genesis), they could have a smooth launch to Genesis Motors starting in 2019 while cutting the dealer network to 100 dealers.

I am sure there are some dealers who had lousy service, but I not convinced that is the main criteria being used for the selection of the 100 dealers going forward. With only 100 dealers, smaller markets are going to be cut out regardless of how good their service is.

Always nice to hear your opinion

 

[GV70GUY]

I keep hearing 100 dealers like this was cut in stone and that number will be forever. If Genesis does what other luxury dealerships did, Lexus, Acura, Infiniti, etc they also started with a smaller number of dealership and then grew them over time.

So what doesn't make sense is to pay a current Genesis dealership $4M in compensation who might then a year later open a Genesis dealership but in the meantime pocketed $4M, not a bad deal in my book. How many cars does a dealership need to sell to make $4M in profit......

 

[Mark_888]

I keep hearing 100 dealers like this was cut in stone and that number will be forever. If Genesis does what other luxury dealerships did, Lexus, Acura, Infiniti, etc they also started with a smaller number of dealership and then grew them over time.

So what doesn't make sense is to pay a current Genesis dealership $4M in compensation who might then a year later open a Genesis dealership but in the meantime pocketed $4M, not a bad deal in my book. How many cars does a dealership need to sell to make $4M in profit......

The 100 is not in stone, initially or long term. It will probably be about 100 initially, but Genesis has said they hope it will expand in the future as the market will bear more competition. They want to make sure the dealers are profitable (without too much dealer competition) so they can afford to provide better service. I am not necessarily agreeing with this, but that is what I have read from Genesis executives quoted by various automotive news organizations.

As to paying the dealers who did not get a Genesis dealership so much money, I also think that is ridiculously poor planning, but I suspect there is a contractual requirement to get their agreement to give up selling Genesis Motors vehicles when they agreed to sell the G80 or G90 previously (yes, this is my speculation).

 

[Mcc]

I keep hearing 100 dealers like this was cut in stone and that number will be forever. If Genesis does what other luxury dealerships did, Lexus, Acura, Infiniti, etc they also started with a smaller number of dealership and then grew them over time.

So what doesn't make sense is to pay a current Genesis dealership $4M in compensation who might then a year later open a Genesis dealership but in the meantime pocketed $4M, not a bad deal in my book. How many cars does a dealership need to sell to make $4M in profit......

You are right, it makes no sense. But it also makes no sense to evaluate a proposal when we know nothing of the terms. To look at the worst terms and then say that makes no sense is sort of self evident.

 

[Spanky61]

Actually, I spoke to the factory rep at the Albuquerque Car Show and they stated, "100 dealers initially" and they will grow over time. But this is going to happen over a period of years. As he stated "Rome wasn't built in a day," to coin a phrase. Personally, I believe it will be more directed by the success of the brand name, then a set number of initial dealerships but that's IMHO.

 

[PMCErnie]

I read the post again and I think you have it wrong. It is not CORPORATE Genesis claiming that Genesis has no authorized dealers and Genesis Motors does not exist, it is this Genesis DEALER who is saying this.

===========

Also, what you see as a three ring circus I see as the art of doing business. Things are not always straight forward and a lot goes on below the surface that you (or I) don’t see. However I think we both agree that time will tell and speculation is just that.

Hahaha! What you call the "art of doing business," most call FUBAR.

 

[Mcc]

Hahaha! What you call the "art of doing business," most call FUBAR.

Always good to give someone a laught. You make me laugh also.
I am always amused when someone or even several people purport to speak for most. Must be tough being omnipotent. You obviously know everything about the negotiations and are just waiting to be offered the the CEO position. Stay by your phone.

 

[Mark_888]

Always good to give someone a laught. You make me laugh also.
I am always amused when someone or even several people purport to speak for most. Must be tough being omnipotent. You obviously know everything about the negotiations and are just waiting to be offered the the CEO position. Stay by your phone.

On the other hand, some people claim that statements made by Hyundai or Genesis management to the press never took place. Or maybe you think the press is lying when they quote management in their stories, and those quotes are repeated on this forum.

It must take someone who is omnipotent to know that the press is lying about those things, especially when you claim not to have any direct or indirect connection to Hyundai or Genesis Motors.

______________________________

Help support this site so it can continue supporting you!

 

[Mcc]

On the other hand, some people claim that statements made by Hyundai or Genesis management to the press never took place. Or maybe you think the press is lying when they quote management in their stories, and those quotes are repeated on this forum.

It must take someone who is omnipotent to know that the press is lying about those things, especially when you claim not to have any direct or indirect connection to Hyundai or Genesis Motors.

Did I ever say the press was lying?

 

[Mark_888]

Did I ever say the press was lying?

Then why do you claim it is just wild speculation when someone posts things that the press claims they were told by Hyundai or Genesis management?

 

[Mcc]

Then why do you claim it is just wild speculation when someone posts things that the press claims they were told by Hyundai or Genesis management?

You seem to have a problem with adjectives. You use them indiscriminately. Did I say wild speculation?

 

[Mark_888]

You seem to have a problem with adjectives. You use them indiscriminately. Did I say wild speculation?

OK, why is it speculation when someone posts something in this forum that press says is a quote from Hyundai or Genesis management?

 

[Mcc]

OK, why is it speculation when someone posts something in this forum that press says is a quote from Hyundai or Genesis management?

When one constantly exaggerates in order to make a point, it only serves to keep anyone from believing anything that was said by that person. I’m sure a person who has been on this site for more than nine years would certainly agree to that.

Now to continue down this torturous path that has so many of your backtracks, so what quote from Hyundai or Genesis by the press did I call speculation?

 

[Mark_888]

Now to continue down this torturous path that has so many of your backtracks, so what quote from Hyundai or Genesis by the press did I call speculation?

Just about everything. A forum member who posts something on this forum may not have documented it thoroughly about who said it and/or who published it, but you automatically claim that anything even slightly unflattering of Genesis Motors is just speculation. To you, every logical conclusion is speculation (but only if you don't like the conclusion).

Even when the Global head of Genesis Motors says that they overlooked stuff in the USA rollout of the Genesis brand, and Genesis didn't understand the complexity of the tasks they were doing, you claim that there is no proof that Genesis Motors made any missteps during the USA rollout.

Let's face it, PMCErnie was correct. FUBAR "is" the correct term in this case.

 

[Mcc]

Look you have gone off your original statement that I specifically called a quote speculation. I don’t think (of course I could be wrong) that in your nine years on this site and your over 12,000 post that you have ever said that you could be wrong or mistaken so I don’t expect you to now. I don’t think I ever said a quote was speculation, although one can speculate on what the quote means. Your going off topic ( which you always eventually do when you can’t substantiate what you claim) and the hyperbole you use in describing my posts says it though.

Want to ask me again if I am now or have ever been ...

 

[Mark_888]

I don’t think (of course I could be wrong) that in your nine years on this site and your over 12,000 post that you have ever said that you could be wrong or mistaken so I don’t expect you to now.

Wrong, I have many times.

There are many posts that everyone makes that are clearly our own opinion on a matter. It is not necessary, as you often do when you don't like what someone has posted, to claim it is speculation.

There are other posts that people make that are reasonable inferences, and you reject those as well, but suspiciously only when they are critical of Hyundai or Genesis Motors management. To you, every single obvious misstep by management is part of the master plan or normal things that happen in business, and not a mistake, even when the head of Genesis Motors admits it was a mistake.

 

[PMCErnie]

Mc C is either an English Major, or a corporate mole. Perhaps both. Neither, however, make him/her a bad person. However, it does come across as petty when he insists on telling others how to construct their sentences and vocabulary.

Most (if you'll excuse the expression) of us here want Genesis and Hyundai to succeed. Many of us are current, or retired, managers and executives who know something about running a business and making a profit. Many of us members can also sniff the wind and sense when some aspect of a business is floundering. It's our obligation to tell Hyundai/Genesis straight up when we think they are wandering in the weeds regarding vehicle sales and customer satisfaction.

 

[Mark_888]

Mc C is either an English Major, or a corporate mole.

My guess (speculation) is that he was not an English major.