New Hyundai Genesis Passes 100K Sales Mark
The new Hyundai Genesis is selling fast.
Named AutoGuide.com‘s 2015 Car of the Year, the all-new Hyundai Genesis has passed the 100,000-sales mark after initially launching 18 months ago on November 2013.
According to the Korean automaker, the new Genesis sedan achieved the milestone 10 months quicker than the first-generation model with domestic sales in Korea reaching 52,661 units while exports have reached 53,524 units. The new Hyundai Genesis sedan is built solely in Korea and is exported to Chinese, European, Middle East and North American markets. In the U.S., the Genesis sedan is third in the midsize luxury sedan market so far in 2015.
SEE ALSO: Hyundai Genesis Named 2015 AutoGuide.com Car of the Year
“Reaching this global sales landmark so quickly demonstrates Hyundai Motor’s technological expertise and success at positioning the brand as a credible producer of premium vehicles,” said Wonshin Chang, Executive Vice President and Head of International Operation Division of Hyundai Motor Company. “The all-new Genesis clearly appeals to those desiring high-tech products that deliver superior quality and excellent value, while emphasizing distinctive style and dynamic driving performance.”
The first-generation Hyundai Genesis was introduced in 2008 and went on to sell 250,000 units worldwide.
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Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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Hyundai is still REALLY hurting in sales. And their stock has taken a huge hit recently. Like 10 percent drop.