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Is There Room in the Luxury Market for Hyundai?

3972 messages,  Last post on Nov 10, 2009 at 8:29 AM

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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#2333 of 3972
Re: Toyota/Lexus vs. VW/Audi (and even Porsche) [ateixeira] by steve_ HOST
May 15, 2009 (7:17 am)
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Replying to: ateixeira (May 14, 2009 12:39 pm)

It's funny to me that when people say a Lexus is a glorified Toyota
 
Guilty.
 
It is sort of fun to razz someone about their Ford (Volvo), Audi (VW) or Nissan (Infiniti). Fun, depending on how well you know the person anyway.
 
Ok, I'm gonna reform. Meanwhile,
 
Hyundai denies reported approach by GM on brand (Forbes)
 
The article doesn't say which brand, but the Hyundai HUMMER has a nice ring to it.
#2334 of 3972
Re: Toyota/Lexus vs. VW/Audi (and even Porsche) [steve_] by ateixeira
May 15, 2009 (7:28 am)
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Replying to: steve_ (May 15, 2009 7:17 am)

Gotta wonder if there are any truly independent car manufacturers left.
 
Ironically Hyundai used to source engines from other Asian makes but now do it on their own, so they've done in the opposite direction.
 
Remember the Mitsubishi Precis? It was a clone of the Hyundai Excel. I think Mitsu supplied the engines for the Excel so they got a clone in exchange for those.
 
Today Hyundai builds its own (ever improving) V6 engines while Porshce relies on Volkswagon.
 
Take that, Porsche.
#2335 of 3972
Re: Genesis vs 750 [m4d_cow] by tayl0rd
May 15, 2009 (9:15 am)
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Replying to: m4d_cow (May 15, 2009 5:01 am)

...even now I think it's safe to assume that an ES is still a reskinned Camry, no matter how good it is.
  
You seem to miss my point. A rebadge is still a rebadge, good or bad doesn't matter and is not what I'm trying to point out.

 
So what exactly are you trying to point out, then? Seems to me that "parts sharing is a bad thing" is exactly what you're trying to say.
#2336 of 3972
Re: Genesis vs 750 [tayl0rd] by m4d_cow
May 15, 2009 (10:28 am)
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Replying to: tayl0rd (May 15, 2009 9:15 am)

I'm trying to say: those who cling too much on brand prestige will have to think it over. Such prestige IMO is pointless if your car is merely a reskinned version of a lower class car.
 
parts sharing isn't a bad thing, within certain limits. Pass the limit like GM does and it becomes a bad thing. I take Escalade for example as IMO GM cross the line when they put the parts of Tahoe into Escalade, a car that pretty much demands top dollar. A rebadge is a rebadge. For instance Infiniti G can be named Nissan Skyline (JDM name) and I'd still buy it, alas it's meant to tell people not to think they're buying Infiniti that's a higher brand than a Nissan.
 
I can see where the misunderstanding come from. I looked back at my older posts and I did make the term sound totally negative, my mistake.
#2337 of 3972
Re: of course there is room... [bobad] by captain2
May 15, 2009 (11:34 am)
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Replying to: bobad (May 14, 2009 7:32 pm)

That's what a lot of folks say until they drive one. That changes a lot of minds
Definitely a lot of truth in this statement - but also points to part of the problem.
  
Korean cars are still perceived as being cheap (maybe inexpensive a better word) and Hyundai perpetuates the myth by insisting on being the price leader in all vehicle categories, advertising campaigns that seem to want to focus on how much 'cheaper' they are, and further discounting and/or rebating heavily already low prices. The fact that the products themselves are not all that 'cheap' is not the issue.
 
 So there remains a significant number of car buyers out there that won't even give Hyundai a first look. And most of them, I would bet, are confirmed Toyota and Honda customers. Remember that it took Toyota a solid 10-15 years (or more) to live down that junk they foisted on us back in the middle-late 60s. Although things do seem to move faster these days, I don't believe it is realisitic to expect too much too soon. Excels and Scoupes live on in infamy!
#2338 of 3972
Re: of course there is room... [captain2] by ateixeira
May 15, 2009 (11:39 am)
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Replying to: captain2 (May 15, 2009 11:34 am)

No they don't, I haven't seen either of those in running condition in a decade.
 
I think the transformation of their image began a couple of years ago. The warranty thing really helped.
#2339 of 3972
Re: of course there is room... [ateixeira] by captain2
May 15, 2009 (11:57 am)
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Replying to: ateixeira (May 15, 2009 11:39 am)

Hyundai (as well as the d3) brands share the dubious distinction of selling based on price (or that luduricrous warranty) rather than content (or perceived content)
 If buyers do go to the Hyundai dealer at all, they are certainly anticipating spending a lot less money than they would at the Toy, Nissan, or Honda dealer.
#2340 of 3972
Re: of course there is room... [captain2] by ateixeira
May 15, 2009 (12:09 pm)
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Replying to: captain2 (May 15, 2009 11:57 am)

That's been a fair assumption...but the Genesis sedan begins to change that.
 
Honda doesn't even offer a V8, for instance. Someone who likes the RL but is disappointed that it only has a V6 might consider a Genesis, price notwithstanding.
 
I think the Genesis coupe will also have RWD fans shopping their stores, and not just for the price.
#2341 of 3972
Re: of course there is room... [backy] by captain2
May 15, 2009 (12:23 pm)
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Replying to: backy (May 14, 2009 3:37 pm)

The best example is the Genesis sedan, which won the NACOTY, took 2nd in the MTCOTY (behind a $75k sports car), and is ranked at the top of its class by CR
To imply that the Genesis is an objectively 'better' car than that GTR you mention, or FTM several other cars I can think of is a ridiculous contention UNLESS you are also factoring in how much cheaper it is . CRs top ordinal evaluation of the Genesis is also a price dependent rating (near luxury sedans) , The Genesis does not rate as highly (CR) as a number of cars (Infintis, Lexuses, German sedans etc ) that Hyundai would like us to think it is competitive with. They do, of course, happen to cost a bunch more.
 My point is: if the Genesis was a $50-60k car instead of what it is, I don't believe it garners the COTY awards, you prize so highly. Almost everthing is ultimately price dependent!
#2342 of 3972
Re: of course there is room... [ateixeira] by captain2
May 15, 2009 (12:29 pm)
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Replying to: ateixeira (May 15, 2009 12:09 pm)

The coupe, IMO, is a mistake - the idea behind establishing a 'luxury' brand is NOT going to be helped with a cheaper 'rice rocket' type of thing that would logically appeal to the Mustang buyer.

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