Genesis: GV70 News

Thread Tools
 
Search this Thread
 
Old 12-16-2020, 03:41 PM
  #41  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
Originally Posted by honda_nut
Looks great! Love the blue, though never understood the fascination with black interiors, but to each their own.
They don't look dirty.
The following 2 users liked this post by SamDoe1:
1killercls (03-15-2021), Curious3GTL (12-16-2020)
Old 12-16-2020, 03:51 PM
  #42  
Three Wheelin'
 
Curious3GTL's Avatar
 
Join Date: Mar 2013
Location: North Carolina
Posts: 1,720
Received 562 Likes on 358 Posts
Originally Posted by honda_nut
Looks great! Love the blue, though never understood the fascination with black interiors, but to each their own.
My dad actually wanted the brown, but they didn't have any on the east coast with Prestige Package, so he got black instead. Like already said, black will show less dirt which is nice.
Old 12-16-2020, 03:56 PM
  #43  
Moderator
Thread Starter
 
00TL-P3.2's Avatar
 
Join Date: Aug 2010
Location: Spring, TX
Age: 38
Posts: 26,203
Received 5,488 Likes on 3,746 Posts

With 3 kids, both our cars' interior are black.
Old 02-24-2021, 11:56 AM
  #44  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
IS there a thread on GV70? Cuz that is the CUV/SUV that will be highly desired...

The following users liked this post:
Haresh Savalani (04-07-2021)
Old 02-24-2021, 12:21 PM
  #45  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
If GV70 priced under RDX.... then fuck RDX and NX and all other Japanese and Domestic CUVs.... this is the king...


Wont affect BMW/Audi/Merc much...
The following users liked this post:
00TL-P3.2 (02-24-2021)
Old 02-24-2021, 01:53 PM
  #46  
Moderator
Thread Starter
 
00TL-P3.2's Avatar
 
Join Date: Aug 2010
Location: Spring, TX
Age: 38
Posts: 26,203
Received 5,488 Likes on 3,746 Posts
Fair assessment. Doubtful many GV70 shoppers are cross shopping the GLC/X3/Q5, maybe just a minority of them.
Old 02-24-2021, 02:44 PM
  #47  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
Originally Posted by oonowindoo
If GV70 priced under RDX.... then fuck RDX and NX and all other Japanese and Domestic CUVs.... this is the king...


Wont affect BMW/Audi/Merc much...
It absolutely will. No one gave a fuck about the sedans because no one cares about sedans. This thing will for sure take some lunch money from the big three lux brands. That said Porsche is pretty safe.

Agreed on the first part of your post. I'd say this will eat the RDX even if it is priced a little higher.
Old 02-24-2021, 03:12 PM
  #48  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
While there will be some.. vast majority of the people who are serious about getting a X3, Q5 or GLC will not consider Genesis.... no matter how good they are, they just wont...


Last edited by oonowindoo; 02-24-2021 at 03:15 PM.
Old 02-24-2021, 03:41 PM
  #49  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
Originally Posted by oonowindoo
While there will be some.. vast majority of the people who are serious about getting a X3, Q5 or GLC will not consider Genesis.... no matter how good they are, they just wont...
For the models you listed, they will. And they will because they want something fancy without spending more on it. For people considering a S class or 7 series, or even a X7 won't bother with Genesis because they aren't looking to get more for less. They are looking for prestige.
The following users liked this post:
00TL-P3.2 (02-24-2021)
Old 02-24-2021, 03:55 PM
  #50  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
We will see about that... most of the people who buy those cars is not because they want something fancy. it is because they want that name before anything else and Genesis just doesnt have the brand recognition to attract enough BMW/Mercedes buyers.
People who are interested in GV70 would care more about the product itself rather than the brand.

Most of the people i know who drive those cars because they wanted a BMW or Mercedes... they dont care what engine or features it has.... The ones who actually care about performance, features and other things are the ones who might even consider GV70 and those are not the majority. and even within that group, the ones who can afford X3M40i or X3M will never even look at Genesis...
Old 02-24-2021, 04:01 PM
  #51  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
BMW sold about 60,000 X3 in 2020.... If we replace the same X3's BMW badge with Genesis and try to sell them at the same MSRP , what do you think the new sales # will be?
That # will be the ones that might potentially jump ship to Genesis because it shows they cared about the car, not the brand.

In my experience, the biggest competitor to BMW and Mercedes right now is actually Tesla.... I personally know so many that have switched to Tesla

Last edited by oonowindoo; 02-24-2021 at 04:07 PM.
Old 02-24-2021, 04:12 PM
  #52  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
Originally Posted by oonowindoo
BMW sold about 60,000 X3 in 2020.... If we replace the same X3's BMW badge with Genesis and try to sell them at the same MSRP , what do you think the new sales # will be?
That # will be the ones that might potentially jump ship to Genesis because it shows they cared about the car, not the brand.

In my experience, the biggest competitor to BMW and Mercedes right now is actually Tesla.... I personally know so many that have switched to Tesla
The difference is that this will probably be a good bit cheaper than the X3 much in the same way the GV80 is a lot cheaper than the X5.

At the same price, no one would buy this.
Old 02-24-2021, 04:25 PM
  #53  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
The thing about BMW and Mercedes buyers is... being cheaper with lesser brand doesnt work....See Lexus and Acura.

U know they want that BMW or Mercedes badge....as long as they can afford it.. or barely can afford it... even if they are getting much much less than RDX, NX or even GV70 while paying more....

That is why i think the GV70 will do great among RDX and NX buyers.... oh wait almost forgot That Infiniti still exists

Old 02-24-2021, 04:39 PM
  #54  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
Originally Posted by oonowindoo
The thing about BMW and Mercedes buyers is... being cheaper with lesser brand doesnt work....See Lexus and Acura.

U know they want that BMW or Mercedes badge....as long as they can afford it.. or barely can afford it... even if they are getting much much less than RDX, NX or even GV70 while paying more....

That is why i think the GV70 will do great among RDX and NX buyers.... oh wait almost forgot That Infiniti still exists
The problem with Acura and Lexus is that they aren't selling what people want. Acura frankly doesn't give a shit what people want, they just make poorly upscaled versions of Hondas. Lexus's lineup is ancient and nothing is even close to competing with the Germans right now.

That's where this is different. If you say this will be better than Acura Lexus (and I agree it will be), it'll definitely hit BMW and MB, and definitely Audi.

Now I don't think this will eat into X3 M40i, SQ5, or GLC43 sales but for the usual lease spec versions, it'll kill it.

Edit: I don't even recognize that Infiniti still exists. Someone should put that brand out of its misery.
Old 02-24-2021, 04:49 PM
  #55  
Moderator
Thread Starter
 
00TL-P3.2's Avatar
 
Join Date: Aug 2010
Location: Spring, TX
Age: 38
Posts: 26,203
Received 5,488 Likes on 3,746 Posts
I could see base model GLC/X3/Q5 buyers & maybe even GLA/X1/Q3 shoppers giving this a look.
Partial problem is some people probably don't even know where to look at one. The 2 Genesis dealers closest to me have no obvious signage other than the Hyundai signs. So, you'd first have to be aware of the GV to even know to look it up.
I'm not recalling any TV advertising for Genesis, while the German 3 have a couple per hour on th channels I frequent.
Old 02-24-2021, 05:01 PM
  #56  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
Does Genesis have their own dealers now or they are being sold at the Hyundai dealership? cuz that makes a huuuuuge difference in buying/service experience...
Old 02-24-2021, 05:54 PM
  #57  
2016 Acura TLX
 
honda_nut's Avatar
 
Join Date: Aug 2007
Location: Norcal
Age: 34
Posts: 851
Received 137 Likes on 89 Posts
Nope. There's only one that I know of in the entire US that's located along side some exotic brands in LA. I did check out the GV80 and G80 over the weekend and the Hyundai dealership had no Genesis signage anywhere. And the majority of the dealerships I looked up are the same. Some of them have a vinyl banner sign haphazardly thrown up on the building like some sort of used car dealership. To me, it seems like these dealerships WANT the brand to fail and don't even want to give it a shot. When Scion was a thing, all the Toyota dealerships created new signage and a dedicated area for them. The same thing is true with BMW and Mini.

Genesis seems to have built some great cars, but they really need to workout some sort of deal with their dealer network. It's like trying to run a fine steakhouse out of an old Taco Bell location.
Old 02-24-2021, 06:22 PM
  #58  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
I dont think Genesis will sell enough cars to justify having their own dealerships... at least not any time soon...

So how they are going to separate themselves from Hyundai will determine if they can sell their cars at the premium they are hoping for....

cuz i can tell you that the buying/servicing experience i have at ANY BMW dealership is day and night with the experience i received when i bring my CR-V to a Honda dealership.
The product is only part of the equation.
Old 02-24-2021, 06:46 PM
  #59  
2016 Acura TLX
 
honda_nut's Avatar
 
Join Date: Aug 2007
Location: Norcal
Age: 34
Posts: 851
Received 137 Likes on 89 Posts
Well a separate dealership is not entirely necessary as Ford/Lincoln and the GM brands including Cadillac have been housed together quite often. What is needed is a more upscale area dedicated for the Genesis cars and maybe a salesman or two that specializes on the Genesis models. They've got to understand that these are different customers than those buying an Elantra. You can't just have a salesman that is not knowledgeable on the product and just attempt to sell whatever is on the lot. Obviously a new dealership would be better, but I can see where it might not be cost prohibitive in certain locations.
Old 02-24-2021, 06:50 PM
  #60  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
i am not really sure how it is now. But they cannot have the same "Yo waddup man" sales people who look they just smoked some good shit in the Hyundai dealership trying to sell a $70k SUV.

Cuz half of the sales ppl at my local Honda dealer all look like they are high AF...
Old 02-24-2021, 06:52 PM
  #61  
You'll Never Walk Alone
iTrader: (1)
 
iforyou's Avatar
 
Join Date: Jun 2005
Location: Vancouver, BC, Canada
Age: 37
Posts: 9,511
Received 842 Likes on 524 Posts
I don't know guys, here are the sales figures for 2019

X3: 599000
NX: 55800
RDX: 52800
GLC: 52600
Q5: 50400

The 6th best selling one is the XT5 and that's already 15000 units less than 4th placed Q5.

The NX and RDX are 2nd and 3rd respectively. So I'm not so sure if these two aren't eating some of the sales away from the German big 3. It's always hard to know the true figure, but in the 3G RDX Facebook group, a lot of people used to be driving a X3, Q5, or GLC. Likewise, I'm sure there are people that have gone the other way too (RDX to X3/GLC/Q5).

If the GV70 is good and priced aggressively, I'd imagine it will take sales away from everyone.

One concern though is that the GV70 isn't out until another half a year or so. The NX is already due for a new design for MY 2022 (a video just leaked today I believe). The GLC came out as a 2016 model and already had its facelift last year, it probably wont' be along until a new model comes out, much like the new C Class. The X3 and Q5 also came out a few years ago and a facelift is imminent. The RDX isn't far behind too as it came out in 2018 and 2022 MY will be its 4th model year already.

It's probably just me but it seems like I've been hearing about the GV70 for a long time already but I'm surprised it's still not out yet.





Old 02-24-2021, 07:05 PM
  #62  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
The issue with that is.. everyone on that list is already an established luxury brand for decades and Not only Genesis is new, it is also associated with Hyundai that traditionally have a very bad rep.

While we can all agree that they make some great cars but Reputation/Brand Recognition is just as important, if not, more important than the product itself in the luxury segment, especially for people who care about this sort of stuff.

I hope Genesis will figure out a way to steal a lot of sales from BMW, so they can stop making their shit so ugly... But i have my doubts on how many people Genesis could convince to jump ship...
Old 02-25-2021, 11:44 AM
  #63  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
The GV80 is just hitting lots now and the GV70 is not far behind so I don't think we have too long to go before we find out if they'll steal sales or not...
Old 02-25-2021, 12:24 PM
  #64  
Senior Moderator
 
thoiboi's Avatar
 
Join Date: Apr 2010
Location: SoCal, CA
Posts: 47,197
Received 8,711 Likes on 6,718 Posts
Originally Posted by SamDoe1
The GV80 is just hitting lots now and the GV70 is not far behind so I don't think we have too long to go before we find out if they'll steal sales or not...
Tiger Woods has entered the chat

it's not a bad looking car though, and it's obviously very safe given the accident
Old 02-25-2021, 12:46 PM
  #65  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
Also it depends on the price as well... I hope Hyundai/Genesis are not over their heads with their pricing right now with their limited success so far...
Old 02-25-2021, 04:25 PM
  #66  
YEH
Burning Brakes
 
YEH's Avatar
 
Join Date: May 2009
Posts: 972
Received 115 Likes on 88 Posts
Originally Posted by oonowindoo
Does Genesis have their own dealers now or they are being sold at the Hyundai dealership? cuz that makes a huuuuuge difference in buying/service experience...
There are only a few stand-alone Genesis stores presently (having taken over the facilities from another make).

There are roughly 150 or so Genesis franchisees taking steps for a separate dealership, problem is the other 200 or so dealerships (which were not part of the original plan).


Originally Posted by oonowindoo
The thing about BMW and Mercedes buyers is... being cheaper with lesser brand doesnt work....See Lexus and Acura.
Lexus used to do quite alright with the GS.and LS.

Far outsold the A6 and A8, where Lexus had the higher ATP (over the years, Audi has overtaken and surpassed Lexington ATP).

But the GS is canceled and LS sales have dwindled due to lack of proper investment from Toyota.

Selling gussied up FWD Toyotas and Hondas won't get you MB/BMW conquests.

Genesis is taking a different road from the Japanese and going with a purely RWD lineup.


Originally Posted by SamDoe1
The difference is that this will probably be a good bit cheaper than the X3 much in the same way the GV80 is a lot cheaper than the X5.

At the same price, no one would buy this.
Less expensive, but as much as one may think.

Also, BMW often has the cheaper lease rates.

Nonetheless, Genesis is selling every GV80 they ship over and the one that is in the greatest demand is the top 3.5T Prestige trim.

3rd quickest turning model with an ATP of nearly $65k; would be even higher if there were more 3.5T Prestige models to sell.

The GV70 will be more popular than the GV80.

Genesis' problem will be not having enough production capacity and that won't change unless they build a new or expand a plant.

Last edited by YEH; 02-25-2021 at 04:31 PM.
Old 02-25-2021, 04:40 PM
  #67  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
Dont think anyone is arguing whether if Genesis will be able to sell GV80 or GV70... at least not until SSFTSX joins the conversation later ...
seeing from Telluride and all the new models Hyundai and KiA are offering, they will be making banks soon...

We were just discussing how many it will steal from the Germans... Japanese and domestic are already given. and how many are organic from car owners and commodity brands.
Old 02-25-2021, 04:52 PM
  #68  
YEH
Burning Brakes
 
YEH's Avatar
 
Join Date: May 2009
Posts: 972
Received 115 Likes on 88 Posts
^ Have any of the Asian makes offered a lux CUV on par with the Germans in terms of luxury and RWD mannerisms?

Not saying that BMW and Merc have to sweat, but they may have to sweeten the lease deals further.

Let's just say this - Genesis will have a higher conquest rate from the Germans than the Japanese lux brands have had.

Btw, the #1 lux brand trade-in for Genesis is BMW, which should be hardly surprising as Albert Biermann is the head R&D.

But like had stated before, biggest issue for Genesis are the lease rates (along with tight production capacity).

Last edited by YEH; 02-25-2021 at 04:56 PM.
Old 02-25-2021, 05:28 PM
  #69  
Safety Car
 
SSFTSX's Avatar
 
Join Date: Mar 2008
Posts: 4,581
Received 64 Likes on 59 Posts
who really want to buy this station wagon?

Old 02-25-2021, 05:33 PM
  #70  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
RDX is only about 1 or 1.5 inch taller than GV70.... WTF are you talking about??
Old 02-25-2021, 05:36 PM
  #71  
Safety Car
 
SSFTSX's Avatar
 
Join Date: Mar 2008
Posts: 4,581
Received 64 Likes on 59 Posts
Old 02-25-2021, 05:42 PM
  #72  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
?? that look better than RDX...
The following users liked this post:
00TL-P3.2 (02-26-2021)
Old 02-25-2021, 05:46 PM
  #73  
Safety Car
 
SSFTSX's Avatar
 
Join Date: Mar 2008
Posts: 4,581
Received 64 Likes on 59 Posts
did you actually measured it the seat ride height? the belt line. RDX has among shortest overhangs. The most spacious cargo.

Old 02-25-2021, 05:48 PM
  #74  
Safety Car
 
SSFTSX's Avatar
 
Join Date: Mar 2008
Posts: 4,581
Received 64 Likes on 59 Posts
Old 02-25-2021, 06:06 PM
  #75  
Team Owner
 
oonowindoo's Avatar
 
Join Date: Feb 2001
Location: Los Angeles
Posts: 23,362
Received 4,273 Likes on 3,050 Posts
So GV70 has the SUV Coupe design instead of the boxing design.. so what?

are you carrying dead bodies? most of the SUV have more than enough space for every day use..... if you can live with your TSX, i am sure you can live with GV70's space.
Old 02-25-2021, 07:19 PM
  #76  
YEH
Burning Brakes
 
YEH's Avatar
 
Join Date: May 2009
Posts: 972
Received 115 Likes on 88 Posts
who really want to buy this station wagon?

.

Is this a trick question that the resident fool didn't realize he was asking?

The one that looks more like a station wagon is the RDX.

I'm sure the Macan GTS' height of 63" really hurts it against the taller RDX (65.7").

And yet C/D ranks the Macan 1st and the RDX, a lowly 20th.
Old 02-25-2021, 07:57 PM
  #77  
Safety Car
 
SSFTSX's Avatar
 
Join Date: Mar 2008
Posts: 4,581
Received 64 Likes on 59 Posts
I doubt people looking at square design of RDX will like tartup Prius design Macan. or big egg shape Model Y.


Old 02-25-2021, 09:38 PM
  #78  
Race Director
 
biker's Avatar
 
Join Date: Oct 2003
Location: Alexandria, VA
Posts: 14,356
Received 631 Likes on 507 Posts
Originally Posted by YEH
^ Have any of the Asian makes offered a lux CUV on par with the Germans in terms of luxury and RWD mannerisms?
Infiniti QX SUVs?
Old 02-26-2021, 01:19 AM
  #79  
Safety Car
 
SSFTSX's Avatar
 
Join Date: Mar 2008
Posts: 4,581
Received 64 Likes on 59 Posts
low ground clearance, oversize wheels relative to body, chrome and egg shaped station wagon ride height. who want to buy. Just buy a sedan.





Old 02-26-2021, 08:34 AM
  #80  
Ex-OEM King
 
SamDoe1's Avatar
 
Join Date: Dec 2013
Location: Minnesnowta
Posts: 16,244
Received 6,106 Likes on 4,007 Posts
This thread is now done.
The following users liked this post:
04WDPSeDaN (02-26-2021)


Quick Reply: Genesis: GV70 News



All times are GMT -5. The time now is 09:32 AM.