G70 US Availability?

[Mcc]

It doesn't take psychic powers to understand the auto dealer franchise laws that are already on the books of most states. It just takes competent management that makes sure those things are looked into thoroughly.

And maybe they were and decided to move ahead as opposed to delaying things a lot further.

I don't think it is fair to say that existing Genesis dealers are holding Genesis Motors hostage just because they are trying to enforce their rights and under the law, and to enforce their rights enumerated in the franchise contracts previously signed with Hyundai Motor America to sell Genesis branded cars starting in 2017.

I had a feeling that would catch your attention, which I why I wrote it. I didn’t think it was fair for you to say that Genesis was ripping franchises away from dealers when they were going to be compensated for their investment and loss of sales. But what can you do. Live by hyperbole, die by hyperbole.

 

[Mcc]

Maybe you guys should talk to POTUS about that.

This is a state issue, not a federal one.

 

[Mark_888]

Maybe you guys should talk to POTUS about that.

The laws regarding manufacturers not being able to sell cars direct to the public in the USA (bypassing independently owned franchise dealers) are state laws, not federal. There are some exceptions that have been made for small companies like Tesla that make electric cars, but even so Tesla cannot sell in every state.

To make matters more complicated, when the Genesis brand was established for the 2017 model year, 350 of the existing 800+ Hyundai dealers in the USA were granted franchises to sell them, and once a franchise is granted, it is difficult to revoke that right, per the franchise agreements and/or state laws.

 

[Mark_888]

I had a feeling that would catch your attention, which I why I wrote it. I didn’t think it was fair for you to say that Genesis was ripping franchises away from dealers when they were going to be compensated for their investment and loss of sales. But what can you do. Live by hyperbole, die by hyperbole.

When a contract exists, one party can propose that it be cancelled with the payment of liquidating damages, but the other party is not automatically required to accept that settlement, and may sue for specific performance to keep the contract intact, unless liquidating damages and amounts are clearly stated in the contract. Since Genesis Motors was not successful in getting enough franchise owners to agree to a settlement that allowed the number of dealers to be shrunk to 100 (as selected by Genesis Motors) I assume they had no legal right to move ahead with their plan unless the dealers agreed.

In cases like this, what constitutes adequate compensation is debatable, and apparently it was not adequate to enough dealers to make the 100 dealer plan able to go forward with dealer approval. So merely saying that dealers would be "compensated" is almost meaningless in such cases, unless both sides agree on the amount of compensation.

In addition, there has been some evidence that Genesis tried to claim, without any compensation to dealers, that the Genesis brand never officially existed because the new brand was not approved and licensed in most states by Genesis Motors. This was discussed by several news articles, and other documents posted on this forum.

 

[Toddasaurus]

I don't know about my fellow Americans, but I wish we had the Canadian Genesis "dealership" model.

Even so, I don't mind waiting. I'm in no rush for a new car.

 

[danygenesis]

I don't know about my fellow Americans, but I wish we had the Canadian Genesis "dealership" model.

Even so, I don't mind waiting. I'm in no rush for a new car.

Me neither, just having to pay $999 in "dealer doc fees" here in South Florida plus all the state regulatory fees and taxes is a ripoff. I would prefer to deal straight with the manufacturer.

 

[Beefer]

I don't know about my fellow Americans, but I wish we had the Canadian Genesis "dealership" model.

Even so, I don't mind waiting. I'm in no rush for a new car.

What drives me freaking crazy the most???

The fact that their finance departments still use dot matrix/impact printers for all the documentation. Really?!?!

LOL

 

[GV70GUY]

Me neither, just having to pay $999 in "dealer doc fees" here in South Florida plus all the state regulatory fees and taxes is a ripoff. I would prefer to deal straight with the manufacturer.

Doc fees are the biggest rip off, they are pure profit for the dealers and $999 is outrageous. I have in the past been able to neogoiate these down.

 

[danygenesis]

Doc fees are the biggest rip off, they are pure profit for the dealers and $999 is outrageous. I have in the past been able to neogoiate these down.

According to Florida law we can't negotiate it because is applied to every buyer as equal (in some dealers they even have it preprinted on stamps), what we can do is trying to negociate the sales car price $1000 down to mitigate the outrageous doc fee.

 

[EdP]

Doc fees are the biggest rip off, they are pure profit for the dealers and $999 is outrageous. I have in the past been able to neogoiate these down.

I understand there are documents needed to finance and register a car. There is also a phone bill, light bill, and supplies for the rest room. I bet they would call them out the same way if they could. Just as they often add "environmental fee" for service, I've argued some of that too.

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[larrymg1]

What drives me freaking crazy the most???

The fact that their finance departments still use dot matrix/impact printers for all the documentation. Really?!?!

LOL

I think the reason they, dealerships, use impact printers is that the forms are multipart and need to print on multiple copies?

 

[FrostPunk]

It is extremely frustrating. From my perspective, who else is offering a rwd manual sedan with lsd and upgraded brakes not named BMW? I'm usually a fan of buying a slightly used car to not take the depreciation hit but the unique features this car has plus the 10/100 drivetrain warranty for the original owner had compelled me to buy it. The problem is, we literally can't!

There is the ATS.

 

[Beefer]

I think the reason they, dealerships, use impact printers is that the forms are multipart and need to print on multiple copies?

Well that I know...quite obvious. But c'mon...they should have stopped using carbon copies in the 90's !!! I will leave it at that...not really a discussion regarding today's technology. And...it was kind of meant for a laugh. I laughed. I guess that is all that matters...haha.

 

[devellis]

Everything happens for a reason.

But as a customer, I shouldn't have to concern myself with whatever reasons impact the purchase experience I have. Hyundai/Genesis is not doing a good job of providing the G70 in the US, and apparently the same is true in Australia. Buyers don't care why there aren't cars available or why the dealers seem to have zero information about what's going on. What they know is that after some initial buzz about the G70 being the car to beat the competition, it simply isn't available while the competition can be found in dealerships near their homes. For many potential customers, circumstances simply don't warrant their delaying a purchase so that they can compare known quantities to something that, essentially, only exists in other countries or as a promise in the US.

Sure, some people who either have owned previous Genesis models or who are enthusiasts who read every new bit of information and have been smitten by the prospect of the G70 will wait for it to arrive. But they're a small proportion of all potential buyers. And foot traffic in dealerships isn't all that brisk as autumn approaches, families contemplate the expenses of sending their kids back to college for another year, and the holidays loom in the not-that-distant future.

So, whatever the reasons, Hyundai/Genesis may be shooting itself in the foot with these delays. We can all speculate about why things have gone so wrong or about different plans that might have avoided all these delays. But, in the end, none of that really matters. Genesis has lost some advantages that optimal timing affords, like the distinction of appearing at a time when new models aren't yet being released by all the other manufacturers. They're going to need to offset those lost advantages by attracting customers in other ways. Perhaps the most important of those will be aggressive pricing. If a G70's price is essentially up there with the G80, for example, I think there will be a collective yawn. A smaller, less luxurious version of largely the same car (same engine and transmission, for example) needs to be priced well below its upscale counterpart. And, as a new model, that seems even more critical to success.

Will Hyundai/Genesis at least get that part of the US roll-out right? I guess we'll see.

 

[GarnetTy1473]

FWIW, the G70 parts catalog has been released here in the US. In the past, this usually happens a month or 2 before a model is released.

 

[Beefer]

FWIW, the G70 parts catalog has been released here in the US. In the past, this usually happens a month or 2 before a model is released.

How do you know that? Linky ?

 

[larrymg1]

Well that I know...quite obvious. But c'mon...they should have stopped using carbon copies in the 90's !!! I will leave it at that...not really a discussion regarding today's technology. And...it was kind of meant for a laugh. I laughed. I guess that is all that matters...haha.

 

[GarnetTy1473]

How do you know that? Linky ?

Because I'm the parts manager at a Hyundai/Genesis dealer. It's only accessible through Hyundai's dealer site, so you don't have access to it.

 

[ifonline]

How do you know that? Linky ?

He knows that because he's the Part's Manager at Terry Lee Genesis.

 

[Beefer]

He knows that because he's the Part's Manager at Terry Lee Genesis.

Ah...ok. If I looked at his sig...I would have deduced that. Sorry.

Wonder if he is able to see if any G70 allocations have been added to his dealer.