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Who Owns Genesis?

4 weeks ago
2 mins 10 secs

Are you in the UK market for a new car but not sure which brand to choose? It will probably be a good idea to consider Genesis if you’re looking for something luxurious, sporty, and stylish. You may have a question in your mind, Who Owns Genesis?

Currently, Hyundai Motor Company owns the Genesis brand. However, this might change soon as Hyundai has announced that it will spin off the Genesis marque into a separate entity. It is not yet known who will own the brand once it becomes independent. Still, Hyundai will likely retain a minority stake in the company.

This article will examine the history and determine who owns Genesis cars.

What is Genesis?

Genesis is a South Korean luxury automotive company. The Genesis brand was launched in 2015. The marque is currently available in South Korea, North America, and the Middle East. 

Despite Genesis’s relative newness in the automotive industry, it already has won several awards. In 2016, the G80 was recognized as the North American Car of the Year. Further, In 2017, the G90 and G80 were named Motor Trend’s Cars of the Year. And in 2018, the G70 was named Automobile Magazine’s All-Star.

The significant selling point of Genesis is its overwhelming focus on providing a great customer experience. An illustration of this includes services like Free Scheduled Maintenance, which covers certain maintenance services for the first three years or 36,000 miles (whichever comes first). Genesis should definitely be on your radar if you’re looking for a luxurious, well-crafted car.

Who Owns Genesis?

There are a lot of car companies out there, and it can be tough to keep track of who owns what. So, who owns Genesis Cars?

The company is actually owned by Hyundai, which might come as a surprise to some. But Hyundai has been investing in luxury car brands lately, and it looks like their investment is paying off.

Genesis came into existence only five years ago. Still, it has already made a name for itself in the luxury automobile marketplace. And with Hyundai’s backing, we’re sure to see even more great things from Genesis in the future.

In 2018, Hyundai announced that it would spin off the Genesis marque into a separate entity. 

Conclusion

In conclusion, Genesis is a luxury car brand owned by the Hyundai Motor Company. The brand was launched in 2015 and has earned many accolades, such as being named North American Car of the Year in 2016 and Motor Trend’s Cars of the Year in 2017. 

Suppose you’re in the market for a high-end and well-crafted automobile. In that case, you should undoubtedly give Genesis some consideration.

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