Yes, Hyundai had their eye on the BMW 5, MB E, Infinity M, etc when they "designed" the Genesis, but they are aiming for prices at the entry level luxury market. There is no way Hyundai can succeed in the USA going directly up against the those other cars at anywhere near the same price--they have to stay in entry level luxury pricing, and they can't do that by including every single option. Depreciation on the Genesis is much higher than on the other brands, so even if they sell for $10K less than the other brands, the Genesis would be priced too high. The Korean market is different, so they can offer those things there.My impression has always been--and I'm pretty sure I've read Hyundai exec statements to this effect--that the Genesis is aimed squarely at the 500 series, E-series, M-level, A6 level of competition. If that's what you mean by "entry level," then I guess we simply disagree where that line falls. For me, it would be the small-body style sedans (300 series or C-class, etc.) and not the mid size ones.
Where we agree for sure is that it is about the price point for Hyundai. I get that and think that's exactly the plan they need to have. But I don't think they're going to make serious headway into the realm they're aiming at (500s, E-class, etc.) by failing to include features their competition has or will very soon have. They need to be packing essentially all the big things in and do so at a lower price. It's crazy to think they put a CO2-sensing system in but skimped on features (like surround camera system and contemporary headlamps) that really matter every day.
HMA has already decided not to create a separate brand, since they want to use Genesis and Equus to improve the perception of the Hyundai brand, not to mention that the cost of creating a new brand with separate dealerships would add at least $5K to every unit.I agree completely. I think the only argument that can be made for the use of the term "entry level" in referring to the Genesis is that if Hyundai were to create a luxury brand right now it would be their lowest priced model in the brand.
HMA has already decided not to create a separate brand, since they want to use Genesis and Equus to improve the perception of the Hyundai brand, not to mention that the cost of creating a new brand with separate dealerships would add at least $5K to every unit.
Yes, Hyundai had their eye on the BMW 5, MB E, Infinity M, etc when they "designed" the Genesis, but they are aiming for prices at the entry level luxury market. There is no way Hyundai can succeed in the USA going directly up against the those other cars at anywhere near the same price--they have to stay in entry level luxury pricing, and they can't do that by including every single option. Depreciation on the Genesis is much higher than on the other brands, so even if they sell for $10K less than the other brands, the Genesis would be priced too high. The Korean market is different, so they can offer those things there.
In reality (as they have said many times) HMA doesn't expect to sell a lot of Genesis/Equus cars (relative to their other offerings) and they are using those two models to "build the brand" image in the USA so that eventually everyone looking at a Camry or Accord will at least test drive a Sonata, etc (which is not even close to being the case right now).
Isn't that for the Genesis sedan and coupe combined? They don't publish separate stats on those two. In any case, Hyundai sells more than 3 million vehicles worldwide each year (or about 700,000 units in the USA alone). I am sure that they expect to sell more Genesis sedans with the new 2015, assuming they can keep the price to below that of their competition.Maybe not the Equus but Hyundai is expecting to sell 30k of the new Genesis sedan/yr - which is doable considering that Hyundai sold 23k in 2012 for a model that was on the downside of its life-cycle and w/o AWD.
Of course, on the Lexus, Infiniti, and Acura, if you step on the brakes the car will stop, and if that ever changed I am quite sure that those manufacturers would issue a recall to replace the defective parts, unlike Hyundai which does a half-ass brake fluid change even though they know all the early Genesis brakes will eventually fail. There is a reason why premium brands get premium prices.Price-wise, Hyundai has to undercut Lexus and Infiniti since they don't offer the luxury badge and separate dealership (the lux badge can be done w/o much cost), but going forward, Hyundai's luxury offerings will be priced above that of Acura (the Equus is already more expensive than the RLX).
Basically Hyundai offers RWD (+V8 on mid/high end models) w/o the badge/separate dealership whereas Acura offers the badge/separate dealership but w/o RWD.
The new Genesis will probably be priced higher than the TLX with the top Tau-powered Genesis being a good bit more expensive.
The upcoming Hyundai compact RWD sedan will also likely be a bit more than the ILX.
The new Genesis will probably be priced higher than the TLX with the top Tau-powered Genesis being a good bit more expensive.
The upcoming Hyundai compact RWD sedan will also likely be a bit more than the ILX.
Of course, on the Lexus, Infiniti, and Acura, if you step on the brakes the car will stop, and if that ever changed I am quite sure that those manufacturers would issue a recall to replace the defective parts, unlike Hyundai which does a half-ass brake fluid change even though they know all the early Genesis brakes will eventually fail. There is a reason why premium brands get premium prices.
There is a big difference between brake failure without any warning and transmission failure.Oh you mean the Acura that put the band aid oil jet kit on their 5-speed transmissions to fix the 3rd gear clutch pack issue instead of acknowledging that it was an actual design problem.
Read the Acura forums and see how many people were unsuccessful in getting their transmissions replaced. Yeah they extended the warranty for a lot of people but a very large number were SOL. I am on my 3rd transmission on my TL.
There is a big difference between brake failure without any warning and transmission failure.
There is a big difference between brake failure without any warning and transmission failure.
Isn't that for the Genesis sedan and coupe combined? They don't publish separate stats on those two. In any case, Hyundai sells more than 3 million vehicles worldwide each year (or about 700,000 units in the USA alone). I am sure that they expect to sell more Genesis sedans with the new 2015, assuming they can keep the price to below that of their competition.
Of course, on the Lexus, Infiniti, and Acura, if you step on the brakes the car will stop, and if that ever changed I am quite sure that those manufacturers would issue a recall to replace the defective parts, unlike Hyundai which does a half-ass brake fluid change even though they know all the early Genesis brakes will eventually fail. There is a reason why premium brands get premium prices.
I agree here, but this is largely because Acura has given up on offering traditional luxury cars. I think the FWD RLX is a joke and from what I've heard its sales are horrible. The ILX is a Civic platform. If the Hyundai "compact luxury" equivalent were FWD and simply an uprated Elantra then it would undercut the ILX pricing as well.
I think the only comparison that will near apples-to-apples with Acura will be the '15 Genesis AWD Premium vs the TL-SH with Tech, they will be the only two with comparable drivetrains and featuresets imo. This should still give the Genesis a $3-5k advantage on the Acura.
I think the Genesis would get into more trouble with Infiniti since the models would theoretically be easier to cross shop. The 5.0 needs to significantly undercut the M56, same for the 3.8 and M37. It most likely will.
At no time did I claim other manufacturers don't have problems. But I do believe that if a sudden and total brake failure were involved they would fix it (unlike Hyundai).You should read up on all the class action lawsuits.
For Acura - there were class actions for:
1. transmission failure
2. rear brake pads
3. Collision Mitigation Braking System (not working as advertised)
4. defective window mechanisms
Also, numerous complaints for cracked dashboards, but since it's not a potential safety issue, probably out of luck.
And if more $$ is the answer than BMW, MB and Audi should be free of any problems and not have any disgruntled customers - right?
So all the BMW owners who had problems with failing fuel pumps (given the run around by BMW) should have just swallowed the corporate line; except ABC News came to their rescue and after the story aired, BMW finally did a recall.
At no time did I claim other manufacturers don't have problems. But I do believe that if a sudden and total brake failure were involved they would fix it (unlike Hyundai).
The bottom line is that Hyundai is not perceived as a prestigious brand in the luxury car market, which is why they have to price their cars so much lower than the competition. You can belly-ache all you want about the reliability of the other brands, but people keep buying them and are willing to pay a lot more than an equivalent Hyundai.
Yes, I understand the plan of buying market share. What I am trying to explain is that when Hyundai fails to address a problem that leads to complete and sudden brake failure for units built before June 1, 2010, they are never going to achieve the acceptance in the luxury market that they desire.B/c they are new entrants (price will go up as they gain acceptance in the marketplace).
I already have one Hyundai in our family. I bought my daughter a brand-new 2013 Elantra Limited with Nav (in 2013) and fortunately for her, she uses an iPhone 4S with the old iPhone 30-pin connector and it connects perfectly (displaying the song title, album info, and playing the music through the car's stereo). I hear that it's a little tricky when connecting her Elantra to an iPhone 5s. I personally use an iPhone 5s. I wonder if anyone knows if the new Hyundai Genesis for 2015 will connect smoothly with an iPhone 5s lightening connector. If you have a minute, please see the following video on youtube that shows the problem that Elantra owners have with the current Hyundai 30-pin iPod connector when used with the lightening adapter on a late-model Elantra:Also the new interface and swipe features in the new infotainment system is great! Very fast and responsive. Way better then the awful Cadillac cue.
Since the 2015 has been unveiled, and spy photos are no longer relevant, maybe this thread should be closed. There are other threads that discuss 2015 features, etc.Does anyone know why some of these subjects above are being discussed in a general discussion forum thread that talks about 2015 Genesis Spy Photos?