Genesis bought simply 1039 vehicles in 2022 however was one of many largest winners in a difficult 12 months for the posh automotive market in Australia.
Whereas Mercedes-Benz, BMW, Audi, Lexus and others suffered declining gross sales as they struggled with quite a lot of points, not least of which was the continuing international provide chain disaster, Genesis continued its year-on-year progress.
Clearly barely greater than 1000 gross sales is not notable in itself – Mercedes-Benz bought extra examples of the CLA than Genesis did in complete – however in context 2022 was a giant step ahead for Hyundai’s luxurious operation.
Learn extra concerning the Genesis G70
For starters, Genesis out-sold the far more-established Jaguar (700 gross sales) and Alfa Romeo (571). Extra importantly although, Genesis gross sales have been up greater than 40 per cent in comparison with 2021 on the again of the GV60, GV70 and GV80 SUVs.
Whereas the model would not have any confirmed new fashions arriving in 2023, this 12 months is important for Genesis to cement its place as a long-term member of the Australian automotive market so as to not undergo the identical destiny as Nissan’s short-lived luxurious model, Infiniti.
A facelift for the G70 sedan is anticipated, however extra pertinently the model can have its three electrical fashions – GV60, G80 Electfied and GV70 Electrified – on sale for a full 12 months for the primary time.
The GV60, which relies on the identical underpinnings because the in-demand Hyundai Ioniq 5 and Kia EV6, is in higher provide than both of these two. And whereas Hyundai releases the Ioniq 5 in batches, the GV60 is accessible for direct order, to offer extra personalisation and has a wait time of lower than six months.
There’s even higher provide of the GV70 and G80 Electrified, with reportedly lower than three months watch for a particular order.
Crucially there are extra fashions coming down the pipeline, with a facelifted GV80 rumoured to reach in 2024 and can convey with it a brand new ‘coupe’ model to tackle the likes of the Mercedes-Benz GLE Coupe and BMW X6.
There stays hypothesis that Genesis will even introduce an all-electric sports activities coupe within the near-future. The model has teased a number of variations of a possible hero mannequin with each the Speedium and Genexis X ideas.
A brand new idea automotive can be anticipated to be revealed at this 12 months’s New York motor present in April, though there aren’t any particulars on what type that can take. However Genesis has used the New York showcase to preview a number of key fashions up to now, most notably the GV80.