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Is There Room in the Luxury Market for Hyundai?

4250 messages,  Last post on Dec 04, 2009 at 6:46 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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#2363 of 4250
Re: Equus at Cars & Coffee [fintail] by lemko
May 17, 2009 (11:01 am)
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Replying to: fintail (May 16, 2009 5:24 pm)

LOL
#2364 of 4250
Re: of course there is room... [fintail] by lemko
May 17, 2009 (11:03 am)
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Replying to: fintail (May 17, 2009 7:43 am)

Seems people's memory is short. They forgot about the $70K VW Phaeton. A $70K Hyundai doesn't stand a chance.
#2365 of 4250
Re: of course there is room... [lemko] by backy
May 17, 2009 (11:50 am)
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Replying to: lemko (May 17, 2009 11:03 am)

Exactly. That's why there is no way Hyundai will try to sell the Equus in the U.S. for anything close to $70k. $40-$50k would be more realistic, and would dovetail nicely with the pricing on the Genesis sedan.
#2366 of 4250
Re: of course there is room... [m4d_cow] by minivanguy
May 17, 2009 (1:33 pm)
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Replying to: m4d_cow (May 17, 2009 6:22 am)

Me thinks you are a little bias. First off the Chrysler 300 has some of the cheaper plastics in a vehicle. The Genesis uses real premium wood btw. Do a lil more homework and don't hate, "CONGRATULATE"!!! NORTH AMERICAN CAR OF THE YEAR. We all have a lil hate in our blood for instance I hated when the 2008 Malibu beat my 2008 Camry for the NACOTY. You must admit though just about all over the internet people (even haters ) are saying and giving tons of excellent reviews about the Genesis. Come join us and don't give into the dark side.
#2367 of 4250
Re: of course there is room... [backy] by fintail
May 17, 2009 (2:10 pm)
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Replying to: backy (May 17, 2009 11:50 am)

For my money, I'd rather spend 10K less and get a loaded Genesis, which looks much better, and even with its mediocre manners, probably handles better, too. The Equus as it is makes a Lexus look like a soulful Italian.
 
I can't see the market rushing to embrace a 50K+ car from what is known as a value brand that looks like a larger clone of an invisible model costing half the money. Maybe there's a new generation of this thing coming, updated by people who can design cars.
#2368 of 4250
Re: of course there is room... [minivanguy] by toye
May 17, 2009 (2:12 pm)
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Replying to: minivanguy (May 17, 2009 1:33 pm)

I don't think m4d_cow hates the Genesis, his definition of luxury is different than a lot of folks. here. Now my take on the Genesis is that it is a luxury automobile and and has a chance to become a "prestige automobile" in time.
 
The inital reception to Hyundai making a luxury car has been outstanding but before Genesis goes further it will take a large financial commitment from Hyundai to do so and that is, sub brand the Genesis name, customer service, advertising (product placing), and new product development. I don't think "Hyundai" will ever be anymonous with luxury, but will continue to grow with fine, well executed, value cars. I do believe they are playing the similar playbook that Toyota did with Lexus in 1989 but with less money in order to keep the costs down.
 
Remember Lexus was not a luxury car when it first came out, European brands laughed. It took a few years but Lexus did become a prestige after the public accepted it. Hyundai is well on their way doing the same thing but 20 years later.
#2369 of 4250
Re: of course there is room... [toye] by fintail
May 17, 2009 (2:19 pm)
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Replying to: toye (May 17, 2009 2:12 pm)

Lexus certainly was a luxury brand when it came here in 89, and I think it took about 6 months for the prestige to be born. I remember when I was in high school around 1991 or so, a Lexus already was seen as a very nice upmarket car.
 
The period for Hyundai to mimic that, if it happens, will be longer. The LS aped the old W126 S-class, virtually an updated line by line copy. The Genesis isn't so ambitious, which might not hurt it.
#2370 of 4250
Re: of course there is room... [toye] by houdini1
May 17, 2009 (2:22 pm)
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Replying to: toye (May 17, 2009 2:12 pm)

Remember Lexus was not a luxury car when it first came out, European brands laughed. It took a few years but Lexus did become a prestige after the public accepted it. Hyundai is well on their way doing the same thing but 20 years later.
 
There certainly are some remarkable similarities and I hope the Genesis is on the same path. The European brands are still laughing at Lexus...but it is kind of a sick laugh and it's to keep from crying !!
#2371 of 4250
Re: of course there is room... [fintail] by backy
May 17, 2009 (3:13 pm)
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Replying to: fintail (May 17, 2009 2:10 pm)

I can't see the market rushing to embrace a 50K+ car from what is known as a value brand that looks like a larger clone of an invisible model costing half the money.
 
I'll bet many people said something like that not too long ago regarding the Genesis sedan--that the market would not rush to embrace a $40k car from what is known as a value brand. Yet so far the market acceptance has been quite good. So I am not going to bet against the Equus yet. We don't even know what the car that will reach the U.S. will look like, and drive like.
#2372 of 4250
Re: of course there is room... [backy] by toye
May 17, 2009 (3:36 pm)
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Replying to: backy (May 17, 2009 3:13 pm)

The video that was shown lately of the Equus is quite nice, It gave me a real feel of the car and it's potential

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