April 07, 2014 10:58
Hyundai Motor has sold over 100,000 of its Genesis premium sedans in the U.S. since entering the market in 2008. The automaker said on Sunday that it sold 1,003 units there last month, bringing the total to 100,506 in six years.
The Genesis is Hyundai’s eighth model to achieve the feat following the Sonata (cumulative sales of 2.11 million units), Avante (2.1 million), Excel (1.14 million), Santa Fe (1.04 million), Accent (990,000), Tucson (374,000) and Tiburon (193,000).
Hyundai sold 6,167 units of the Genesis when it first rolled out the model there but the number jumped to 22,980 in 2012.
The rear-wheel-drive version of the new Genesis with a 3.8-liter engine costs US$38,000, while the 5.0-liter, Tau-engine version retails for $51,500.
Hyundai has set sales target of 25,000 units for the new Genesis in the U.S. this year, and 30,000 units next year.
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