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Is There Room in the Luxury Market for Hyundai?

4237 messages,  Last post on Dec 01, 2009 at 9:04 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Hyundai Equus, Hyundai Genesis, Car Comparisons


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#1612 of 4237
Re: car of the year [ateixeira] by backy
Jan 12, 2009 (9:44 am)
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Replying to: ateixeira (Jan 12, 2009 9:37 am)

* North American COTY
* CR's top-ranked sedan in the $30-45k price range
* Runner-up for Motor Trend's COTY
 
And... the only luxury car to offer an assurance program that will take your car back within a year if you lose your income.
 
Interesting to see what this will do for Genesis sales--and also competitor sales.
#1613 of 4237
Re: car of the year [backy] by ateixeira
Jan 12, 2009 (9:46 am)
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Replying to: backy (Jan 12, 2009 9:44 am)

Genesis sales already dwarf the Acura RL's. Kinda embarassing for Acura, if you ask me.
 
Now that the TL moved up, should Acura kill the RL out of mercy?
#1614 of 4237
by m4d_cow
Jan 12, 2009 (10:38 am)
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Now that the TL moved up, should Acura kill the RL out of mercy?
 
I heard this RL will become the last, Honda has decided to back off from building any larger cars, RWD or V8.
#1615 of 4237
First time poster here by m4d_cow
Jan 12, 2009 (11:39 am)
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My answer for the OP question is: Yes, but not now.
 
Right now IMO cars are classified as:
1) Economy
2) Regular
3) Premium - Near luxury
4) Entry level luxury
5) Upper level luxury
6) Niche class (including exotics)
 
There's no boundary between classes for any brand, in this regard Hyundai's Kia competes in both economy and regular class, while Hyundai's moved upward playing in regular and premium class.
 
Here's the thing, to move up to a true luxury class Hyundai needs more experience and improve the customer service to catch up with class' standards.
The best chance to gather such experience is to fight in the premium, a.k.a near luxury class first. This is a role that fits Genesis perfectly. Competition is less fierce in the class, and Genesis already got the good cards to play with. From known competitors only Buick and Lexus ES can pose a threat imo. Lexus buyers are image driven, while Buick customers are seriously loyal. Acura used to be a threat, but the new Darth Vader look will turn off buyers immediately.
 
From this point Hyundai can use the experience and establish a real luxury division, arguably under a new brand name as Americans are seriously image conscious. When that happens for goodness sake please don't name it Equus (sp ), just name it Genesis
Check this out:
a) Acura, Lexus, Infiniti, Hyundai, BMW, MB,...Hyundai, doesn't sound right to me
b) Acura, Lexus, Infiniti, Equus, BMW, MB,...Equus.... ridiculous.
c) Acura, Lexus, Infiniti, Genesis, BMW, MB,... don't you all think the Genesis brand will fit right in? It sounds as catchy as Lexus and Infiniti IMO.
 
5 more years, 10 at the longest and we may see a true luxury Hyundai. I'll be waiting to see it happen.
#1616 of 4237
by m4d_cow
Jan 12, 2009 (11:53 am)
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Saab 9-5 Luxury Car????
 
Well personally I'd categorize the 9-5 in either near luxo or entry level luxury class, along with some Volvo and Acura models.
 
The 9-3 is a beaut imo, while the 9-2x and 9-7x are ironic examples of blatant cloning that wear finer outfits than their respective originals Impreza and Trailblazer.
#1617 of 4237
Re: First time poster here [m4d_cow] by fintail
Jan 12, 2009 (12:44 pm)
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Replying to: m4d_cow (Jan 12, 2009 11:39 am)

Genesis isn't a bad name in and of itself...IMO more deserving to be a marque than a model, even if it is just a rebadge from the parent company. The swoopy H has no place on a car in that part of the market.
 
Infiniti, Acura, and especially Lexus have proven the American market isn't put off by this. I think the new Hyundai brand would work just as well.
#1618 of 4237
Re: car of the year [backy] by joe97
Jan 12, 2009 (12:48 pm)
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Replying to: backy (Jan 12, 2009 9:44 am)

A a few other honors from Canadian publications - don't forget our neighbor up north
#1619 of 4237
by m4d_cow
Jan 12, 2009 (11:21 pm)
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Still, noone can deny the brand Genesis sounds much catchier than Equus right?
 
Along with Infiniti, Acura and Lexus, the Genesis sounds just as majestic. Equus.sp otoh....uhh.... a horse?......
#1620 of 4237
by m4d_cow
Jan 13, 2009 (7:33 am)
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On a side note, the one thing that keep me cold on Hyundai is the hopelessly bland looks on all their models. Sure the Genesis is an improvement (save for the dumb Klingon forehead grille), but I'm still not impressed (the interior is pretty good though).
The Gen coupe is the first Hyundai ever I dare call decent looking without being too bland.
#1621 of 4237
Re: [m4d_cow] by fintail
Jan 13, 2009 (9:38 am)
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Replying to: m4d_cow (Jan 13, 2009 7:33 am)

Hey, at least it doesn't look like a Kia Amanti....a BMW derivative is downright progressive compared to that atrocious thing. I don't think anyone buys cars from that continent for styling anyway, as few of them have any of it of merit.

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