Genesis Sales Report for November 2017

[Sal Collaziano]

GENESIS BRAND HIGHLIGHTS

November Genesis vehicle sales totaled 1,776, a 36 percent increase over last year. Both G80 and G90 models saw significant increases of 40 percent and 22 percent, respectively.

“November sales were characterized by continuing demand for G80 and G90 enabling each model to gain more of a foothold in their respective luxury segments,” said Erwin Raphael, general manager, Genesis Motor America. “As consumers continue to show appreciation for Genesis vehicles, so too are esteemed third parties like ALG, Women’s Choice Awards, Ruedas ESPN and Strategic Vision.”

GENESIS ANNOUNCES NOVEMBER SALES, RECENT ACCOLADES

Dec 1, 2017

FOUNTAIN VALLEY, Calif., Dec. 1, 2017 – Genesis Motor America today reported sales of 1,776 in November, a 36 percent increase compared with the year earlier. Both G80 and G90 models saw significant increases of 40 percent and 22 percent, respectively.

“November sales were characterized by continuing demand for G80 and G90, enabling each model to gain more of a foothold in their respective luxury segments,” said Erwin Raphael, general manager, Genesis Motor America. “As consumers continue to show appreciation for Genesis vehicles, so too are esteemed third parties like ALG, Women’s Choice Awards, Ruedas ESPN and Strategic Vision.”

In just the past week, Genesis received the following accolades:

ALG – G80 wins Residual Value Award in Premium Fullsize segment
Women’s Choice Award – G90 named Best Luxury Car
Ruedas ESPN – G80 Sport wins Best Sports Sedan
Strategic Vision – G90 named Most Loved Luxury Car
“These third-party experts continue to reaffirm that our brand and product offer is resonating.”

 

[Richard Wendt]

Interesting that not a single Equus was sold during the month although I would expect that to change next month. A dealer in Long Island, New York has cut the price for two fully loaded 2015 Equuses sitting on his lot. Price cut was $30,000 on two new models to $39,988.

There are five left-over Equus models in the entire nation according to Cars.com.

 

[EdP]

dealer in Long Island, New York has cut the price for two fully loaded 2015 Equuses sitting on his lot. Price cut was $30,000 on two new models to $39,988.

Wow, I'd have considered that over the G80 I bought in October. Heckuvabuy for someone.
Looking at the total number sold though, I don't see much profitability yet for a stand alone dealer unless a particular region is hot. I rarely see them here in my area of CT but my son says he sees them all the time in Florida.

 

[Richard Wendt]

One of this has been sold. I guess the other one is still out there. I told the local dealer about it if he wanted to go get it. That dealer must really have been motivated to say the least. That should leave a total of four new unsold Equuses in the United States.

I drove one of these back in 2013. Frankly, I found them far to large. In my opinion, the G80 hits the "sweet" spot.

There was a 2017 G90 for sale until recently. It was a heckava deal as well. But again, just too large. I think these type of cars are best suited for long drives where one must have maximum comfort. Having said that I saw two late model Lexus 460's yesterday and all I could think is that those cars are just huge. Different strokes for different folks they say.

 

[EdP]

One of this has been sold. I guess the other one is still out there. I told the local dealer about it if he wanted to go get it. That dealer must really have been motivated to say the least. That should leave a total of four new unsold Equuses in the United States.

I drove one of these back in 2013. Frankly, I found them far to large. In my opinion, the G80 hits the "sweet" spot.

But again, just too large. I think these type of cars are best suited for long drives where one must have maximum comfort.

I've not driven one but you may be right. It has a lot of features that I don't need, such as the entertainment in the rear, vanity mirrors in the rear. We don't take kids on long trips and if we go with another couple, conversation is the entertainment. It is a hefty price jump I could not justify.