Hyundai Genesis will officially become a luxury brand of the Hyundai Group, contributing to the brand of one of the leading corporations in South Korea.
Hyundai Genesis, has recently been recognized as the official car brand to the company. This information will be made public this week by Hyundai has high hopes will boost sales of new cars and also established a new position in the market for Genesis. Accordingly, Hyundai Genesis can still continue to be sold through existing distribution channels, but also can be transferred to other channels when plans change. Genesis ever remember cars released in 2008 as a mid-size luxury cars, sedan, and then serial Equus flagship sedan. The new Genesis series of cars heading upgraded products of Hyundai. In essence, the brand is not separated from the Hyundai brand's perennial, according to Reuters. Simply put this is a step forward to elevate the Hyundai brand towards more advanced and improved. "The launch of a luxury brand is a smart strategy based on the success that has been achieved Genesis cars is, unlike Lexus and Infiniti were up from the figure 0 "- industry analyst Kim Jin-woo of Korea Investment & Securities said. Lexus is Toyota's luxury brands, while Infiniti is Nissan's luxury brand. "Genesis will be targeted to achieve a market position similar to the Lexus, but important firms must compete with Mercedes Benz S-class of Daimler AG and BMW 7 series of BMW Group AG "- Mr. Kim said. known Genesis sedan is testing versions of Hyundai cars to the company at the moment is not really available ready to birth an independent brand. And now South Korea is witnessing luxury product sales beyond the borders kimchi. This has great significance because 75% of Hyundai's sales are in international markets. Does the idea of upgrading the brand of Hyundai products, the public will receive a copy? All are still in suspense waiting.
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