Hyundai targets 10% rise in Genesis sales in 2022

Hyundai Motor luxury brand Genesis is concentrating on a 10% enhance in global revenue in 2022 assisted by the launch of new products, the company said this 7 days.

Hyundai Motor president and CEO Chang Jae-hoon said at the launch of the redesigned G90 the automaker was concentrating on 220,000 revenue around the world for the Genesis division this year, up from 200,000 in 2021.

Chang pointed out, many thanks to “an improved product or service line-up, together with more SUV products, Genesis has now damaged into the prime 10 luxury makes, beating Honda Motor’s Acura and Nissan Motor’s Infiniti brands”.

Domestic revenue of that new G90 flagship sedan began this 7 days in South Korea, ahead of the global rollout this year to important markets together with North The usa, Europe and China. The company aims to sell 20,000 G90s this year.

Previous 7 days, Hyundai Motor Company said it aimed to enhance its global revenue, together with the Hyundai, Genesis and Ioniq makes, by around 11% to 4,323,000 cars in 2022, pushed by a thirteen.5% rise in abroad revenue to 3,591,000 units whilst domestic revenue were being expected to be just a bit higher at 732,000 units.