FOUNTAIN VALLEY, Calif., Sept. 4, 2018 /PRNewswire/ -- Genesis Motor America today reported sales of 613 in August, a 66 percent decrease compared with the prior year. While planning to transition to a smaller retail network, importation of model year 2018 vehicles was stopped in the spring. This retail result stems from a significant lack of inventory.
In August, Genesis participated in the Monterey Classic Car Week for the third consecutive year. Genesis displayed the high-performance Essentia Concept at McCall's Motorworks Revival: at The Quail, a Motorsports Gathering; and at the Pebble Beach Concours d'Elegance, alongside the most innovative concept vehicles. Genesis also displayed throughout the week and donated a 2019 G70 as part of a charity raffle, to benefit Animal Friends Rescue Project & Salinas Valley Memorial Hospital Foundation.
The new Genesis retail network will begin to open and the first-ever, all-new 2019 G70 luxury sport sedan will launch in September.
| Brand |
||||
| August-18 |
August-17 |
2018 YTD |
2017 YTD |
|
| Genesis |
613 |
1,803 |
8,490 |
13,348 |
| Models |
||||
| August-18 |
August-17 |
2018 YTD |
2017 YTD |
|
| G80 |
477 |
1,484 |
6,621 |
10,471 |
| G90 |
136 |
319 |
1,869 |
2,877 |
Genesis Motor America
Genesis Motor America, LLC is headquartered in Fountain Valley, Calif. Genesis is a global luxury automotive brand that delivers the highest standards of performance, design and innovation. A total of six new Genesis models, including the flagship full-size G90 luxury sedan, mid-luxury G80 and G80 Sport sedans and soon-to-arrive G70 near-luxury sport sedan, will launch by 2021 and compete with the world's most renowned luxury car brands. All Genesis vehicles sold in the U.S. are covered by an industry-leading warranty with enhanced roadside assistance and concierge services. In just the first half of 2018, Genesis won highest-ranked brand in the automotive industry awards for quality and owner satisfaction from highly-respected, third-party experts Consumer Reports, J.D. Power and AutoPacific.
For more information on Genesis and its new definition of luxury, please visit www.genesis.com
Please visit our media site for the latest news at www.genesisnewsusa.com
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SOURCE Genesis Motor America
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