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Genesis Motor, LLC, commonly referred to as Genesis (Korean: 제네시스, romanized: Jenesiseu), is the luxury vehicle brand of the South Korean vehicle manufacturer Hyundai Motor Company. Initially envisioned along with plans for Hyundai's new luxury Genesis sedan in 2004, Genesis was announced as an independent brand on 4 November 2015.
[48] [needs update] However, Hyundai cars in South Korea have more available options and that may be the reason for the mark-ups. [citation needed] Marketed as the Hyundai Genesis in the US and Canada, the vehicle is the largest, most powerful car that Hyundai has ever marketed there before the launch of the Equus. [3]
In early 2022, Hyundai Motor Philippines, Inc. (HMPH) became the official distributor of Hyundai passenger cars in the country after the company was able to take over its passenger car operations from HARI, [114] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
As of 2011, Hyundai owns 33.7% [5] of Kia Motors. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025. The investment would strengthen collaboration with US firms in areas such as; urban air mobility , autonomous driving , artificial intelligence , and robotics .
The Genesis G80 (Korean: 제네시스 G80) is an executive sedan [1] manufactured by South Korean luxury marque Genesis, which is owned by Hyundai Motor Company.The G80 model was previously introduced as the second-generation Hyundai Genesis model and then rebranded as the G80 in 2016 after Genesis Motor was established as a separate luxury division of Hyundai.
Hyundai Solaris, formerly one of the best-selling foreign car in Russia. [60] Located in Saint Petersburg, Hyundai started the construction of the Hyundai Motor Manufacturing Rus (HMMR) plant with a planned yearly capacity of 100,000 cars in June 2008, [61] that will eventually be increased to 200,000 units. [62]