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Is There Room in the Luxury Market for Hyundai?

4208 messages,  Last post on Nov 27, 2009 at 12:14 PM

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


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#3954 of 4208
Re: So... is there room? [tjc78] by toye
Nov 06, 2009 (6:19 am)
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Replying to: tjc78 (Nov 06, 2009 5:31 am)

I think a few more would have sold but at what cost would have it cost Hyundai?
#3955 of 4208
Re: So... is there room? [tjc78] by m4d_cow
Nov 06, 2009 (6:33 am)
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Replying to: tjc78 (Nov 06, 2009 5:31 am)

The answer to me is easy: yes, given time, effort, and patience. Nuff' said, I guess.
 
Hyundai's doing the right thing right now, that I agree. Pulling a whole new luxury division costs too much for the time being, particularly since Hyundai currently has no reputation in the market. And yeah, they smartly place Genesis as a near luxo as IMO, a warm-up for the real luxury car to come into the market.
 
Unfortunately this is where the controversy, at least here, starts. One side considers Genesis a luxury car already, while the other side disagrees. To be honest I'm most probably biased, but as far as I see the latter side is being more logical in general. Not to say there's no luxury Hyundai, there is, but not this car IMO.
 
I understand that different standards play a role here, what I don't understand is why is it so hard for many people here to understand that?
 
Of course, in the end I guess it's like what another poster said earlier: iressistable force vs. immovable object.
#3956 of 4208
Re: So... is there room? [toye] by tjc78
Nov 06, 2009 (6:53 am)
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Replying to: toye (Nov 06, 2009 6:19 am)

Obviously the cost would have been well into the tens of millions. Not worth it in the short term. I really believe the execs over there thought this one out. There is one thing I do believe, if they do create a lux brand in the future they have the engineering and the hardware to do so.
#3957 of 4208
Re: So... is there room? [m4d_cow] by toye
Nov 06, 2009 (6:55 am)
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Replying to: m4d_cow (Nov 06, 2009 6:33 am)

There's no question that Genesis in my mind and many others that it is a luxury automobile made by Hyundai which is not a luxury brand. Hyundai will have to invest sooner than later to position the Genesis, Equus and Veracruz with the Genesis nameplate. Now that they have over a year of data, decent Genesis sales, I believe that it won't be as risky as it once was!!
#3958 of 4208
Re: So... is there room? [m4d_cow] by tjc78
Nov 06, 2009 (6:56 am)
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Replying to: m4d_cow (Nov 06, 2009 6:33 am)

One side considers Genesis a luxury car already, while the other side disagrees
 
No doubt... even as an owner of one I would call it "luxurious", however, not "luxury" as it still is available to the masses.
 
Pulling a whole new luxury division costs too much for the time being, particularly since Hyundai currently has no reputation in the market.
 
I wouldn't say no reputation, if anything they still may have a tainted rep for the junk they built in the late 80s. However, those perceptions are surely going away (for their benefit).
#3960 of 4208
Re: So... is there room? [m4d_cow] by backy
Nov 06, 2009 (7:03 am)
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Replying to: m4d_cow (Nov 06, 2009 6:33 am)

Question: do you consider the GS and M to be luxury cars? And did you see the article posted a little while ago here that dove into which brands/cars lost sales while the Genesis grabbed sales?
 
If you believe the GS and M are not luxury cars, then I can understand why you'd think the Genesis sedan is not a luxury car. But if you think the GS and M are luxury cars, then I don't understand your position on the Genesis unless you think, as do others, that being a "luxury car" or not is not about the car itself but other things like the badge on the trunk or the building in which it's sold and serviced.
 
And I would add that reasonable people will sometime disagree... and it's not because one of the people is dense and incapable of understanding something that seems obvious to the other person.
#3961 of 4208
Re: So... is there room? [backy] by m4d_cow
Nov 06, 2009 (7:57 am)
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Replying to: backy (Nov 06, 2009 7:03 am)

I still see GS and M as luxury cars. I won't change my mind about Genesis being a near-luxo car, however, it is possible for a near luxury car to grab sales from luxury car market as shown by Hyundai nowadays. As like you mentioned before, there are people who want more for the money.
 
Assuming GS and M as comparisons, I can easily point out why I don't classify Genesis for a luxury car for 2 reasons I often mentioned before: 1. the lack of proper luxury class customer service (in most dealers out there, excluding yours ), 2. the lack of premium quality materials (fake metal and wood trims, mid-grade leather). Time will most likely fix problem-1, and Equus can fix problem-2.
 
This is also the reason I classify Acura as "still working on entering the luxury market", because it's only luxury entry, the RL, still has so much to catch up tot he rest of the class. And yes, before anyone ask, I call the likes of BMW 3 series a near-luxury car with luxury-badge, even as a previous owner of one.
 
Badge is considered, but no big deal, hence my comment that Hyundai Equus, Toyota Crown, and VW Phaeton are luxury cars (despite the non- luxury badge). Hope taht makes sense to you as I have no other way to explain it.
#3962 of 4208
Re: So... is there room? [m4d_cow] by backy
Nov 06, 2009 (9:11 am)
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Replying to: m4d_cow (Nov 06, 2009 7:57 am)

OK. But it's interesting you give the M a pass for "the vents are pure Altima and the switchgear’s about as classy as the buttons on your first cell phone" (http://www.thetruthaboutcars.com/infiniti-m45/) and the GS a pass for touchy brakes and insufficient headroom (http://www.edmunds.com/lexus/gs460/2008/review.html), but ding the Genesis on lack of rosewood and aluminum trim and leather quality (although that doesn't seem to be an issue for many reviewers). If real wood and aluminum trim bits are what you need to call your ride a luxury car (even if the glossy wood trim blinds you--see edmunds.com review), plus the badging and cappuccino machines in the customer waiting area, so be it. At least you have a clear idea of what a luxury car means to you, and it's not just based on a badge or building.
#3963 of 4208
Re: So... is there room? [backy] by m4d_cow
Nov 06, 2009 (9:35 am)
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Replying to: backy (Nov 06, 2009 9:11 am)

To me almost all car manufacturers share those small bits, be it Toy-Lexus, Hon-Acura, Nissan-Infiniti, and even VW-Audi-Bentley to some extent. And no, room doesnt mean much to me (hell, given my 5"8 figure a GS is almost cavernous). Leather quality IMO matches Infiniti G's and Acura TL's, a.k.a appropriate for class. Against M and GS' much softer leather (albeit much pricier), no way. Pricey? yeah, but luxury has it's costs. IMO most reviewers see no problem with those bits because they keep the price in mind.
 
So yeah, to each of his/her own.

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