Home > Industry News

Title Hyundai Genesis grabs 13% market share in US
Write admin Date 2017-08-09 Hit 193
Genesis, an independent luxury brand spun off from Hyundai Motor, has gained 13 percent market share in the US, company officials said on Aug. 9.

The new brand was formally launched in the US market in August 2016 with the G80, which has sold 17,206 units as of July this year. After sales of some 2,000 units in the first month of its launch, the model has maintained a monthly sales average of 1,000 so far.
G90, made available in September last year, has sold 3,483 units as of July with a monthly average of between 300 and 400, according to Hyundai.

The two models together accounted for 13.3 percent of mid- to high luxury vehicles sales in the US for the January-July months this year. Should sales continue on course for the rest of the year, the Genesis brand would be able to exceed 10 percent of the annual market share for the first time ever, officials said. Its market share last year was 9.6 percent.
No Title Write Date Hit
314 Hyundai Mobis increases AI use for improved effici.. admin 2018-08-29 31
313 Hyundai, Kia remain 5th-largest carmaker in the wo.. admin 2018-08-29 18
312 Hyundai, Kia to provide free safety checkups admin 2018-08-29 23
311 Hyundai Motor invests in Indian car-sharing firm admin 2018-08-29 14
310 Hyundai Mobis named top supplier to GM admin 2018-06-01 148
309 Hyundai Glovis receives ISO anti-bribery certifica.. admin 2018-06-01 96
308 Hyundai, Kia¡¯s sales recovering in China admin 2017-11-14 480
307 Hyundai Motor logs strong sales in Australia admin 2017-11-14 364
306 Hyundai Mobis develops world's first air bags for .. admin 2017-10-25 412
305 Hyundai to invest $5m in US center for mobility admin 2017-10-25 336
  1 2 3 4 5