G70 suffers a bit of an identity crisis. Is it a compact luxury sedan? Or is it a performance-oriented "driver's" car? Perhaps something inbetween, like a gran turismo?
Realistically... G70 kinda is all of them, and kinda isn't any of them. For Genesis' first crack at challenging the BMW 3-series, it is quite a remarkable effort. However, with essentially only 2 engines and various trim levels that are more alike than different, it is hard for the traditional buyers of this segment to take Genesis seriously. Some of us can see past that and judge the car on its own merit. Not every buyer can. This is particularly true when there is no true halo trim. BMW has no less than three M3 trims currently. With all the buzz about N-performance sub-brand... Where is the G70 N?
Veloster N and Elantra N are both very track capable right off the showroom floor. Heck, even the Kona N is no slouch. As comical as a mini SUV track machine might sound, there is one Kona N here that runs the local AutoX pretty well. Why Genesis didn't bother to develop a G70 N version is beyond me. Sure, not many folks would buy a $70k+ G70 N with 425HP 3.5TT, track-focused suspension, and 6-pot Brembo on 15" rotors. It's a halo car, meant to give the rest of the lineup the performance aura...
street cred, if you will. It's why BMW has the M, Audi has the RS, Mercedes has the AMG, Alfa has the Quadrifoglio, and
Cadillac has the Blackwing.
With the proliferation of SUVs, one of the few remaining reasons some buyers might still choose a sedan is for the driving dynamics. Particularly in the premium compact RWD-based segment G70 competes in,
performance is luxury. The halo cars might not be the volume profit maker, but they help sell the rest of the line.
Lacking that, G70 is just a good car, maybe even a really good value. But a true 3-series contender it is not. And if that's the case, G70 has no hope of building enough volume to amortize the R&D cost of sustaining the mode line-up l in the long run.
The exact same thing happened to the Genesis Coupe. When will Hyundai learn?