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June 01,
2008
This Week:
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Hyundai Announces All-New
Flagship Genesis Sedan Pricing

FOUNTAIN VALLEY, Calif. - Hyundai
Motor America has announced prices for its new flagship, the
all-new Genesis sports sedan, starting at $33,000 for a
well-equipped 290-horsepower V6 and $38,000 for the
375-horsepower V8 model.
"When we first showed the
production Genesis earlier this year, we committed to deliver
the interior package of flagship European luxury sedans,
world-class driving dynamics, and pricing comparable to
entry-level premium brand vehicles," said John Krafcik, vice
president, product development and strategic planning, Hyundai
Motor America. "Today, we're delivering on a key part of that
commitment, with a very well-equipped Genesis sedan priced below
the most basic Infiniti G35 or BMW 3-Series."
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While Genesis will compete for
customers with cars like Lexus ES, Chrysler 300 and Cadillac
CTS, Genesis' performance capabilities and luxury features are
comparable to sedans costing tens of thousands of dollars more.
With base prices of $33,000 for a well-equipped 3.8-liter V6,
and $38,000 for a 4.6-liter V8, Genesis makes a premium driving
experience accessible to a wide range of customers. Genesis goes
on sale at Hyundai dealerships in July, delivering the kind of
value equation American car buyers have come to expect from
Hyundai.
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Genesis is built on Hyundai's
all-new, performance-driven rear-wheel-drive architecture, with
an advanced five-link suspension at all four corners. It offers
two powertrains, the 290-horsepower Lambda 3.8-liter V6 engine
mated to an Aisin six-speed automatic transmission, and
Hyundai's all-new Tau 4.6-liter V8 engine mated to a ZF
six-speed automatic transmission. Both deliver outstanding fuel
economy. The Tau produces 375 horsepower using premium fuel and
368 horsepower using regular unleaded, leading all competitors
in specific output (horsepower per liter), while also
outperforming all V8 performance sedans with a projected fuel
economy estimate of 17 city/25 highway. Genesis 3.8 achieves EPA
fuel economy estimates of 18 city/27 highway, which outperforms
the V6 engines in many smaller, mid-size cars (e.g., Nissan
Altima, Ford Fusion) on the highway. With technology rivaling
more expensive luxury sedans, Genesis showcases features such as
XM NavTraffic, Adaptive Front Lighting System (AFLS), Lexicon(R)
audio systems and electronic active head restraints.
Photo: Hyundai
(May 28, 2008)
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