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Hyundai to push into luxury market with stand-alone Genesis brand, report says

Sal Collaziano

Genesis Motors Forum
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Genesis Model Year
2015
Genesis Model Type
2G Genesis Sedan (2015-2016)
Brand to include existing Genesis sedan, coupe and renamed Equus; Midsize premium SUV to be added by 2019

"A small line of upscale products is going to be sold under the Genesis brand name. It's not a physically separated brand with its own channel," one of the knowledgeable individuals told Reuters, adding Hyundai, for now, thinks that setting up a separate channel of Genesis stores carries too much risk.

Ko Tae-bong, industry analyst at HI Investment & Securities, said Hyundai had caught up with the global industry with its "value for money" cars, and it was now time "to jump to the next level."

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Seems a first move. Good one BTW!
 
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