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Can the Genesis Prestige Really (really) Compete?

http://www.leftlanenews.com/hyundai-equus-u-s-bound-in-2010.html

It seem Hyundai will import its luxury saloon to US.

It will be V8 only as expected.
Massaging seats :)
Rear seat TV to keep kids entertained.
Equus will undercut lexas $20,000 so do the math.

My opinion:

Equus, Genesis, genesis coupe and Veracruz should have a brand marking of their own to ensure success. Since we know the product is good, The Hyundai H is holding buyers back.
 
Another perspective… Numbers. People are forgetting that other cars do not sell that well either.

For example, April 2009, Audi sold 7,010 cars, total. Audi has Q5, Q7, A4, A6, A8, RS, and other sub varieties. What's it is saying is that Audi A8 isn't flying off from the dealerships. A8 probably is very low volume car. That's why you don't see it everywhere. Even A6, you don't see that often. How often do you see, RL, not that much. How often do you see Infiniti Q or BMW 7 Series? On that month, Infiniti sold 4,930 cars. Out of that, G had 2,815 units. That leaves 2,115 cars for other 4 models or 529 units per model. BMW has 10 model lineup. It sold 15,700 units. That's just 1,570 units. I am sure bulk of their sales are with 1/3/x3 series. So, BMW 5 or 7 Series aren't hot sellers.

However, even if BMW sold more 5,6,7 series than Equus, what does that mean? Since Hyundai doesn't sell as many cars as Honda, should Hyundai drop out? The deal is lot of these are bit arbitrary. Sometimes, companies sell car not because it will be successful but for different reasons. Maybe, it is a lost leader or maybe it will be a halo car. Whatever the reason is, success or failure isn’t necessarily be measured by the numbers alone but the objective compared to the result.

I don’t know what people are talking about high end luxury dealership. Every time I go by BMW, the dealership is just as sophisticated as any other none luxury dealership. Except for very few particular dealerships, most dealerships are very similar. You know, people who runs BMW dealerships do go to bathroom and sometimes, they do other things that’s not very pretty, no different than people who runs Kia dealerships.

Also, people make statements without any reasons. “i think at the 50k price point, they simply priced themselves out of the market. Hyundai has come a long way these past few years, but it isn't ready for this, yet. ask me again in 2015.” This isn’t really personal, although it might sound like it. Above statement says almost nothing. I don’t know why Hyundai can’t sell 50K vehicle but VW can with their Tourag? I owned VW, it’s not any different than Hyundai dealership. In fact, a guy who sold my Hyundai worked at this particular VW dealership. I mean, common people…

Is Lincoln more deserving of having 50K+ cars than Hyundai? Lincoln MKS vs. Hyundai Genesis? Hyundai Genesis is better car in almost every aspect. Is there any Lincoln cars that’s deserving of anything? Is CTS-V $40K better than Genesis?
And who cares if nobody heard of Genesis? Most people haven’t heard of Infiniti QX, Jaguar XF, Volvo X8, or 2010 Ford Taurus SHO. A lot of people probably don’t know that there is no Ford 500. I actually like the fact when I go out to the parking lot; I am not having my own episode of Finding Nemo.

Also, it doesn’t matter if BMW or MB is their first choice of luxury car. The fact is more people buy Lexus than BMW or MB. The fact is Mercedes sold 118 CL units. Other than their C, E, and M class, most of their cars aren’t hot sellers. Kia sells more Kia RIO in a single month than many of MB’s car combined. Kia sold more Borrego (428) than Mercedes G class (37) last month. Maybe, Borrego is new kind of Luxury SUV, maybe it is not. More people bought Kia Borrego than Lexus LX. More people purchased Hyundai Genesis last month than Infiniti M, Lexus G, or Mercedes S class. E-Class only had 2,781 units, not that many. Porsche sold 902 units last month.

Hyundai is selling Genesis at the rate of 2,000 units per month+, I expect this number to go up slightly, possibly by 30%. I have no proof for previous statement but it doesn’t matter. People will hear about Genesis. Give it sometime.

The point... If Hyundai sells just 400 Equus per month, it is doing well. That's probably just as much as Infiniti's Q's number or Audi's A8's number. Ooops, Infiniti Q is gone. Why God… Why!!!!! Remember, Phaeton didn't even move 1000 units a year at the end of its life. People can throw in rhetoric as if they are knowledgeable. However, numbers tell whole different story.

Let’s move pass the Stage 1 thinking.
 
The more I learn about the Equus the more I worry it might fail ,,,
it is a stretched Genesis (same platform) with the same engine, but using an inhouse 8 sp tranny.
The rear seat package is lovely, not sure it is worth a 10-15K premium over the Genesis...
 
The more I learn about the Equus the more I worry it might fail ,,,
it is a stretched Genesis (same platform) with the same engine, but using an inhouse 8 sp tranny.
The rear seat package is lovely, not sure it is worth a 10-15K premium over the Genesis...

FWIW, I had more doubt whether the 3.8 Tech was worth $36k than whether the Equus is worth $50-60K based on the Equus I sat in. It's much more substantial, finish materials are higher quality, more interior room, and better tech package. If it wasn't for the ugly badging and wheels (and, oh, the fact that I'd probably never bring myself to pay that much for anything that depreciates as quickly as a car), I might even consider buying one.
 
I completely agree with you. I am very familiar with luxury cars, having owned one myself, and modified it. The Genesis is definitely not like the BIG 3 from a feature spec perspective, but its overall execution and price point, is something I've never seen before.

What is lacks are the frivolous subtleties of the BIG 3... But that is what luxury is all about... No COMPRIMISE!

Luxury is all about having something that is far from necessary and a privilege to own.
The BIG 3 have many features that are far from necessary, and a price-point that differentiates. If the Genesis will be known for anything, its will be for raising the BAR…. Take a look at the Mazda 3, for example…. Bi-xenon’s, heated leather, navigation. This is another good example of feature/price in an economic climate that screams for value/price.

Regarding the Equus. I think this will be the “first official” luxury car, as it will be at a premium price point, offering amenities only seen at an exclusive price point, but like everything else…. It’s only going to raise the bar which leaves the next question.

What will they think of next?
 
Not to get off topic, but the Mazda 3 is approx. $27k when loaded up with all those luxury features!?! For a compact 4-banger w/ plasticky leather, a 5 speed auto, and teeny tiny NAV screen! No thanks. :)

The Genesis offers all the feature content 90% of luxury car buyers want/demand. Just because BMW, Lexus, MB, etc. offer more in the way of available feature content, doesn't mean most people buy them that way. Stripper C300s, A4s, 328is and IS250s are quite common and cost approx. the same as a the Genesis. Heck, at least you get things like push button start, real leather seating and homelink as standard on the Genesis. You won't find that on the base-level luxury competition (except maybe the IS250, which has real leather vs. the German's vinyl seating).

The way I see it is this, Hyundai is playing the value game. They know people will only pay so much for a Hyundai, even a very good, award-winning vehicle like the Hyundai Genesis. They could offer things like adaptive cruise, air suspension, remote start, power opening/closing trunk, cooled passenger seat, AWD, etc., but would many people $46-50k for a Genesis? I doubt it. Especially when it looks almost exactly like the $33k Genesis. This is the same problem VW had w/ the W8 Passat (it looked just like the $22k Passat). At least the Equus will be offered as a sole model (e.g. long-wheelbase, V8 model) so that should help set it apart from lesser Hyundais. I doubt they will sell more than 200-300 per month, but they aren't really aiming for big sales. They're offering it to improve public perception of the Hyundai brand IMO, and with that goal in mind it should do quite well for them long-term.
 
Real quick since I'm on my iPhone. The service experience from brands like Mercedes, BMW and Lexus are very different from companies like Hyundai, Buick and Chevy. The only way one could argue this point is if they never experienced this type of service. Someone mentioned otherwise above. They're mistaken.

Also. The Equus will be longer, wider and have more features than the Genesis. It's as much of a stretched Genesis as a Mercedes S-Class is a stretched E-Class. Yes, the frame is stretched - but that's where it stops. It's a different car. Not a LWB Genesis.
 
4 year 50,000 mile free maintainence like What BMW is doing. That will get buyer to think hard about hyundai luxury cars.
 
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http://www.hyundai-blog.com/index.p...ng-to-the-states-debut-expected-in-july-2010/


From hyundai blog Equus in america is to prop up hyundai brand image. It will import limited numbers for hyundai lovers and not designed to turn major profit.

My opinion: In my opinion Hyundai is making better car than chrysler, suzuki, mitsubishi (not including evo).

Better luxury saloon than Lincoln, Saab, Jaguar (for bad reliability),
and American Buicks (global buick are better).

Its a long way from 1990 Hyundai, which is what Chinese brands like Geely and Chery are today lol:D.

Note: (2010 Jaguar XJ is sexy inside and out, its the reliability issue that i will stay clear of Jag, except maybe for a 2 year lease. 2010 buick lacross is a world buick from its design bureau in shanghai china its certainly a world class car and not subjected to my criticism.)
 
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