Is There Room in the Luxury Market for Hyundai?

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  • lokkilokki Member Posts: 1,200
    The fundamental issue is whether quality, performance, and amenities combined together can make a vehicle a "Luxury" vehicle, or whether intangibles such as image and reputation matter. Somewhere in between falls the same question about such tangible but peripheral things such as service experience and where they park valet park your car.

    Here's a a personal anecedote that boils down the question- yes, this actually happened to me some 10 years or so ago.

    I was driving a BMW 328i at the time... I went to visit a friend who had just purchased a new car. He'd bought a Madza RX-7, very nice, very nice indeed, and as I recall, he'd spent more on it than I spent on my BMW. Now, both he and are are 'car-guys' and I recognized that performance-wise his vehicle made my car pretty ordinary.

    However - to the point- his mother was visiting his home the day I visited. As I was leaving, she came out to say goodbye, and saw my 328i, which, of course, I'd said nothing about. After all, it was just a car. However, when she saw it, she said, " 'Johnny' could have had a BMW but he decided not to."

    So, that's your question - do other people's perceptions matter? I lean towards the side that says they do and that it takes time to change them.

    Cadillac survived for decades on perception when the cars themselves were lacking. Toyota used the Lexus brand (! Important Disclaimer follows!) in the U.S. Market to change the perception that Toyotas were economy cars.... VW found with the Phaeton that it did matter - even though they discarded the "economy car" market in the 90's.

    SAAB however suceeded in moving upmarket, as did Volvo. Mini moved upmarket.
    So, it can be done. However, it takes time.

    Here's the next question - can high-end and low-end vehicles co-exist? Madza found they couldn't (re Amati and the Millenia). Jaguar couldn't even move slightly down market successfully.

    Oh, and Toyota in Japan, isn't a good example. Toyota IS the General Motors of Japan, and there are many subdivisions of branding within the Toyota (see GM) label.

    FWIW
  • tayl0rdtayl0rd Member Posts: 1,926
    ... From my experience driving Hyundai's, they still have a LONG LONG way to go before catching up the the Toyota's and Honda's of the world (recently test drove '07 or '08 Elantra, so yes, I've driven one in the last 3 years.)

    And what are you comparing that Elantra to? You can't possibly drive that and then turn around and try to compare it to an Accord or Camry. That would be as ridiculous as driving a 3-series and comparing it to an E-class. Not even close to being in the same class of vehicle in any respect. I've never driven any Hyundai, but have looked inside and out and they do seem to be quite comparable/equal to Hondas and Toyotas, class for class.
  • captain2captain2 Member Posts: 3,971
    don't need any help thank you. Not a 'fixation' at all - this forum is supposed to be about Hyundai as a luxury brand - and as it related to the topic at hand, I would contend that it (Hyundai and luxury) are a contradiction in terms. It is nothing anti-Hyundai or anything like that - more an opinion that ALL manufacturers that live in the lower parts of the auto market can not be 'luxury'.As I have said countless times - it all has very little to do with any particularily 'luxurious' car that Hyundai may or may not make. but more to do with brand reputation, brand perception (especially as related to where it is sold) and yes, even a price that is too cheap IMO.

    Incidentally I am nothing more than an enthusiast that finds the Gen Sedan a rather intriguing effort (a good one as well) on Hyundai's part to improve its image - and indeed it may someday do just that. For the time being, however, and pending a possible Genesis brand I do not think any Hyundai product is a luxury anything. And you guys, for some reason, think this is some sort of slam - not the case - Chevy, Ford, Toyota, Nissan Honda et al also are mass market mfgrs that don't make luxury anythings. Why is this so difficult to comprehend, without you assuming some sort of agenda on my part?? :confuse:
  • tayl0rdtayl0rd Member Posts: 1,926
    ... Lexus vehicles are now available in over forty countries across the Americas, Europe, Asia, and Oceania, ...

    :confuse:
    Hmm... I must've fallen asleep in Geography class when they discussed Oceania. Where is this area? Is it where Atlantis used to be?
    :confuse:
  • lokkilokki Member Posts: 1,200
    Oceania is a convenience term for a group of countries in the south Pacific Ocean - something like the term "Eastern Europe".

    It includes many small island nations as well as Australia and New Zealand, and sometimes Indonesia.

    Here's a country list from the omniscient Citation Needed Wikipedia

    http://en.wikipedia.org/wiki/List_of_Oceanian_countries_and_territories
  • captain2captain2 Member Posts: 3,971
    SAAB however suceeded in moving upmarket, as did Volvo. Mini moved upmarket.
    So, it can be done. However, it takes time.


    As far back as the 80s I have always thought the Swedish cars 'upmarket'. Brands that made their reps on safety and/or as bad weather vehicles. Also priced at a premium. But still not'luxury brands, IMO, despite the S80s etc.. Much like Acura - despite the RL.

    the next question - can high-end and low-end vehicles co-exist? Madza found they couldn't (re Amati and the Millenia). Jaguar couldn't even move slightly down market successfully.
    hasn't been done yet, has it ?:confuse: - and you forget about VW that failed, of course, trying to sell a perfectly qualified 'lux' sedan that even had the luxury price. Folks simply not willing to spend that kind of money on something with that label and sold are at lowly VW dealership. The current Gen Sedan has a pricetag low enough that it would appeal to a wider cross section of buyers in terms of affordability. If Hyundai really does try the Equus over here as a Hyundai, then don't we have another Phaeton?
  • steverstever Guest Posts: 52,454
    The Phaeton is coming back in 2011. (see post 3292 in here).

    And it'll be sold at VW dealers, afaik.

    Whether it'll sell any better this time, who knows.
  • bobadbobad Member Posts: 1,587
    So, that's your question - do other people's perceptions matter? I lean towards the side that says they do and that it takes time to change them.

    I reject conventional thinking, and others do as well. (I guess that just means there is always a shift in what is conventional)

    Things change, and it takes perception a few years to catch up with reality. I like to be on the cutting edge, and think it would be smart to take advantage of that few years where (in the case of Genesis) you can get true luxury at upscale prices. I can't even see the car's badge while I'm driving, so I don't care what it looks like. If anyone thinks a badge "stands for" something, I have some beach front property for them in Nebraska.
  • captain2captain2 Member Posts: 3,971
    And it'll be sold at VW dealers, afaik.
    and if so, you have to wonder if there isn't a price reduction in the cards...
    Either way, I contend the same problem remains, is a Hyundai branded product at $50k (the Equus) really any different than a VW branded one at $70k - the price difference between say the Sonata and the Passat is after all of similar proportion.
  • steverstever Guest Posts: 52,454
    And so we get back to the dealer issue.

    VW owns Bentley, right? Would you go to a VW dealer to buy one? Or even to a Porsche/Audi dealer?

    True luxury is a blinged out paint job. :D

    image
    (Straightline link with better pic proportions here)
  • ateixeiraateixeira Member Posts: 72,587
    SOHC, thanks guys.

    So maybe not the antique I was thinking but still relatively dated.

    The Tau DOHC 32-valve V8 engine isn't dated, so the original point remains. This ain't no Town Car.
  • captain2captain2 Member Posts: 3,971
    VW owns Bentley, right? Would you go to a VW dealer to buy one?
    and BMW owns Rolls - and they (the BMW dealer) also NOT where you go to buy one of those either ;) Buy a plane ticket to Beverly Hills and be sure to send your financial resume before you leave!
    Kinda like that scene from Pretty Woman - Julia Roberts in a high priced clothing store, with money and nobody wants to deal with her. Sent a high priority email to the movie's producers - I would have been more than happy to give Julia anything she wanted! :D
  • ateixeiraateixeira Member Posts: 72,587
    Indeed - reliability has improved in the luxury arena, IMHO due to pressure from new competition like Lexus. Look how quickly Jaguar went from zero to hero in JDP IQ studies.

    Still, though, with all the complexity they have more problems than the average car.

    As for quality of materials vs. construction, I certainly see your point, but it's hard to separate the two. A cheap fabric makes a seat look cheap no matter how well it's sewn together.

    And the highest quality leather in the world will still look like crap if the seat is not well sewn together.
  • tjc78tjc78 Member Posts: 17,058
    Kinda like that scene from Pretty Woman

    Which makes me wonder is the Lotus they were driving a luxury car?? :P

    2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart

  • backybacky Member Posts: 18,949
    Hyundai, I'm told, has a better overall rep overseas than it does over here...

    I am curious--who told you that? If by overseas you mean the ROK, yes, I can see that as the ROK is Hyundai's home market. But what about the rest of the world?
  • backybacky Member Posts: 18,949
    So, that's your question - do other people's perceptions matter?

    If they are going to buy the car for me, then yes, their opinions matter. For example, if my company were to give me a car allowance and tell me I have to buy a particular kind of car, to impress customers, that's what I'd do (but that will never happen). If. like Johnny's mother, they are just sticking their nose in, I don't care what they think.

    FWIW, my mother likes my Rabbit better than the 328Ci I owned before. That must mean VW is better than BMW. ;)
  • backybacky Member Posts: 18,949
    ... this forum is supposed to be about Hyundai as a luxury brand ...

    Is it? The title says this discussion is supposed to be about whether there is room in the luxury MARKET for Hyundai. Nothing there about whether Hyundai must create a separate brand to attack the luxury market. That is one of the topics of discussion here, but not the sole focus of this discussion.

    Why is it so difficult to comprehend that introducing a separate luxury brand, with separate dealerships (as you say Hyundai should have done before ever attempting to sell a car like the Genesis) is not the only way to sell luxury cars? :confuse:
  • captain2captain2 Member Posts: 3,971
    Which makes me wonder is the Lotus they were driving a luxury car??
    certainly an exotic, there are some Lotus models that even dispense with unnecessary frills - like interior carpeting.
    don't know that they could've worked it right if Gere was driving a Tiburon or an Scoupe. :surprise:
  • captain2captain2 Member Posts: 3,971
    Why is it so difficult to comprehend that introducing a separate luxury brand, with separate dealerships (as you say Hyundai should have done before ever attempting to sell a car like the Genesis) is not the only way to sell luxury cars?
    Not difficult to comprehend at all - it's just that its NEVER been done that way, and there are more than a few bodies in the the street to prove it as well as several examples of how to do it correctly. Don't be surprised if Hyundai finds it necessary to do precisely that (separate dealers) - especially if they are serious about a $50k 'Equus' as another poster suggested- building/acquiring those Genesis dealerships would have to be dirt cheap right now. .
  • houdini1houdini1 Member Posts: 8,356
    IMO a separate luxury channel can be a huge liability. I think Toyota, Nissan, and Honda are wrestling with this problem now.

    The regular brand seems to suffer because the luxury brand places a ceiling on the regular brand. They can't be too nice because they will steal sales from the luxury brand but on the other hand they have to be nice enough to compete in their segment and that is where the problem lies.

    Hyundai does not have that problem now and I believe this gives them an advantage, as they have a full range of economy cars and luxury cars under one roof. They can make their entry level cars as nice as they want without infringing on a separate luxury division, etc.

    What they should do instead in upgrade all their dealerships and service depts....much cheaper to do and more effective.

    2013 LX 570 2016 LS 460

  • ateixeiraateixeira Member Posts: 72,587
    They could even only let the best performing dealers sell the Equus. Or the ones with the highest % of pricier models.
  • tjc78tjc78 Member Posts: 17,058
    as another poster suggested- building/acquiring those Genesis dealerships would have to be dirt cheap right now. .

    Yeah, but I'll add another twist here. Why would they want to right now? They are up when just about everyone else is double digit down. If I were Hyundai right now I would keep on making strides in quality and perception, not bring the Equus here, and wait until the economy is good enough to bring over a new divison.

    The whole Saturn dealer network Idea is intruiging, however, would they even be able to pull it off in a decent time frame? The Equus launch would have to be delayed. Think of all the things that would need to take place:

    1:) Negotiations of taking the dealers over (leases, etc)
    2:) Marketing plan for a new "brand"
    3:) Training Saturn techs to work on high end Hyundai's
    4:) Renovation of the dealerships.
    5:) Dealing with all the ticked off Hyundai dealers that just lost some nice money makers
    6:) Product.... is the Genesis and Equus enough? Would at least have to rebrand the Veracruz and maybe turn the new Sonata into a "lux" model. (think Camry to ES 350)

    We all say that GM made some bad decisions, IMO this would cost Hyundai millions and they know it.

    2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart

  • tjc78tjc78 Member Posts: 17,058
    They can't be too nice because they will steal sales from the luxury brand

    The Toyota Avalon and the Nissan Maxima are perfect examples of this. Really only a few things separate them from entry level Lexus/Infiniti.

    2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic / 2022 Icon I6L Golf Cart

  • captain2captain2 Member Posts: 3,971
    it seems around here that the premium dealer locations (we would certainly want a Genesis dealer rght next to those other primo dealers) are being snapped up by those retial used car chains. Don't know if that is some sort of national trend or not, but there are sure a lot of seemingly good locations where Chrysler/GM dealers used to be. Saturn delaers (and employees) perhaps a viable option but Hyundai would sure have lots of training to do on folks that became used to rebadged regurgitated GM fare. A luxury dealer's personnel needs to have a certain 'air' about them - something about them BELIEVING that they sell the best. Don't know that you can train that into Saturn personnel easily when they spent the last 10 years trying to explain that what they were selling wasn't a Cavalier....
  • ateixeiraateixeira Member Posts: 72,587
    If I were Hyundai right now I would keep on making strides in quality and perception, not bring the Equus here, and wait until the economy is good enough to bring over a new divison

    Good advice. They ought to hire you. ;)
  • captain2captain2 Member Posts: 3,971
    In Europe I've been told that Hyundai does quite well in the lower ends of the market perhaps because there is no 'Excel' in their closets. A more positive reputation with buyers that don't have the long memories
    Don't remember where I heard that though , too darn old ;)
  • captain2captain2 Member Posts: 3,971
    IMO this would cost Hyundai millions and they know it
    of course it would - and this would be the same Hyundai that launched the Genesis in Super Bowl ads - at what, a million per ad?
  • andres3andres3 Member Posts: 13,938
    I bet you a month's wages most of those people are having problems with Toyota's and Honda's assembled in the US, meaning they have VIN numbers starting with a 1. We've had no problem with our last two Civics that start with a VIN number of J. You gotta find the one's made in Japan, they are way better.

    Our only problems have been a bad window regulator and sun visor, and that's it! That is all.

    Even my Honda Accord that started with a VIN with one had it's share of problems, but by no means was it comparable to the problems you'd have with a Chrysler or something like that.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • andres3andres3 Member Posts: 13,938
    That is, roughly mid-70s to mid-80s?

    Okay, fair enough, if Hyundai can rack up 10 years straight of solid red dots in CR, then I'll say they've reached the creme of the crop, which is what Toyota and Honda have achieved in the past.

    My test drive showed nothing as to reliability. I meant to infer that the BUILD and MATERIALS, and PERFORMANCE qualities of the Elantra have a long way to go to catch up to a Corolla or especially a Civic of today.

    However, the Elantra of today is light years ahead of the tin can Kia I drove in the late 90's, or the Rio I drove in the mid 2000's.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • andres3andres3 Member Posts: 13,938
    As far as interior materials, Hyundai started seriously competing in 2007 I believe with the Elantra redesign. However, the powertrain leaves a lot to be desired still.
    '18 Porsche Macan Turbo, '16 Audi TTS, Wife's '19 VW Tiguan SEL 4-Motion
  • backybacky Member Posts: 18,949
    I think that's an interesting idea--focusing on existing dealerships. Hyundai could even do a same-site strategy where the Genesis brand is sold at the same site as Hyundai (ala Toyota + Scion, or BMW + Mini). And only the best dealerships (based on physical plant and customer service) would qualify to sell the Genesis brand. Dangle a carrot to the dealers to improve. That could be less costly than even reusing closed dealerships from other automakers. Although in certain situations it could make a lot of sense, e.g. my local Hyundai dealer has a really nice (former) Saturn dealership right across the street. And this Hyundai dealership is trying to sell/service Hyundais, Kias, and Mitsubishis from a relatively small facility.
  • lokkilokki Member Posts: 1,200
    The Pretty Woman Lotus question raised earlier introduces an interesting perspective:

    What would have the audience impression have been if Richard Gere was driving a Genesis instead of a Lotus?

    How about the Grey Poupon commercial with a Hyundai Genesis instead of a Rolls?

    Can James Bond drive a Genesis Coupe in his next movie instead of an Aston Martin?

    What about TV's Miami Vice with a Genesis instead of a Ferrari?
  • fintailfintail Member Posts: 58,500
    That would require a slight styling and mechanical overhaul/upgrade :shades:
  • backybacky Member Posts: 18,949
    Actually interior quality started going up quite a bit in 2000 with the 2001 MY XG and Elantra, and continued with the 2006 Sonata (intro'd in early 2005 in the USA), Azera (late 2005), Santa Fe (mid 2006), and Veracruz (late 2006). The 2007 Elantra has a few nice interior bits bits but IMO is a step down in interior quality from the 2001-6 generation--lots of hard plastic, cheap-looking faux metallic trim, etc. The 2010 Elantra has some improvements though.

    Hyundai's powertrains have made a lot of progress since the Theta was introduced in 2004 (in the ROK). Hyundai has a complete line of modern powerplants now, from small I4s to the 4.6L V8. They are no longer lagging in powertrains, but do need to use their latest small engines in small cars like the Accent and Elantra. That will happen for their next redesign.
  • backybacky Member Posts: 18,949
    Okay, fair enough, if Hyundai can rack up 10 years straight of solid red dots in CR, then I'll say they've reached the creme of the crop, which is what Toyota and Honda have achieved in the past.

    At that point Hyundai will have passed Toyota and Honda, which have slipped (including in the CR surveys) in reliablity since their heyday.

    Here's one for you: compare a 2010 Corolla and Civic and 2010 Elantra back to back. I think you'll see Toyota (especially) and Honda have nothing over Hyundai in build or materials. Also performance (FE, acceleration etc.) are extremely close. Then this spring, compare the 2011 Sonata to the 2011 Camry. (Or even the 2010 Sonata to 2010 Camry). And how about the 2010 ES or GS to the 2010 Genesis sedan? Don't judge Hyundai by one test drive of a 2007 Elantra.
  • captain2captain2 Member Posts: 3,971
    What would have the audience impression have been if Richard Gere was driving a Genesis instead of a Lotus?
    ahh, and that answer should be obvious. If Gere was driving a Genesis ( or something similar) they would've had to fire the casting director. ;)
  • captain2captain2 Member Posts: 3,971
    Toyota and Honda are still ranked well above Hyundai in the 09 CR Auto issue mfgr rankings. Hyundai has, indeed, improved substantially in the last few years - in many respects there was no other place to go, but up. But you are assuming continued improvements when the brand has really only had things to brag about for the last 5 years or so (06 and later). Not enough history and any proof (or further suppositions of improvement) should have to wait at least those 10 years, as andres suggests - just like the J3 brands did, 30 years ago.
    Toyota, Honda (and Nissan) all suffer a bit by large volume increases compounded by the fact that the manufacturing of their most popular models has been properly relocated to this country fro quite a few years now. The same cannot be said for many of the D3 models :cry: . Hyundai, to their credit, has recently started to do the same thing - in Alabama - but a quality fall off would seem inevitable. Your rising quality assumptions would logically seem premature, at best?. .
  • bobadbobad Member Posts: 1,587
    Not difficult to comprehend at all it's just that its NEVER been done that way, and there are more than a few bodies in the the street to prove it as well as several examples of how to do it correctly. Don't be surprised if Hyundai finds it necessary to do precisely that (separate dealers) - especially if they are serious about a $50k 'Equus' as another poster suggested- building/acquiring those Genesis dealerships would have to be dirt cheap right now.

    Dogma is always a good excuse. :blush:

    If Hyundai would do the shady name change thing ala Toyota, their prices would go up so high they would have to compete directly with the German cars. They would lose their "sensible car" status, and a major part of their market. I think you would like that! :blush:
  • tenpin288tenpin288 Member Posts: 804
    Since you (and some others) continually raise and praise the "vaunted" J3 reliability factor again and again and since their "bulletproof" reputations rest on that perception in most people's minds, here is an interesting article for your reading pleasure.

    Toyota not so sterling

    Let's hear your "spin" on this. ;)
  • backybacky Member Posts: 18,949
    But you are assuming continued improvements when the brand has really only had things to brag about for the last 5 years or so (06 and later).

    Since you mentioned the 2009 CR Auto Issue, here's what it has to say about Hyundai reliability over the period tracked in that issue (I have noted when there were design changes for a model):

    Accent: Overall "Better than Average", 2003 (introduced late 1999) through 2008 (2006-2008 introduced late 2005)

    Elantra: Overall "Much Better than Average, 2003 (introduced late 2000) through 2008 (2007-2008 introduced late 2006)

    Entourage: Overall "Much Worse than Average", based on one model year, 2007

    Santa Fe: Overall "Better than Average", 2003 (introduced late 2000) through 2008 (introduced mid 2006).

    Sonata: Overall "Better than Average", 2003 (introduced late 1998) through 2008 (introduced early 2005).

    Tucson: Overall "Better than Average", 2005 (introduced late 2004) through 2007 (not enough data for 2008).

    Veracruz: Overall "Average", 2007-2008

    XG and Azera: Overall "Average", 2003 (XG, introduced late 2000) through 2008 (Azera, introduced late 2005)

    I see a lot for Hyundai to brag about going back ten years, since some of the designs Hyundai rates "Better than Average" or "Much Better than Average" in reliability date back 9-10 years. Also note only the Entourage (no longer sold) is "below average" in reliability, and only two models, the XG/Azera and Veracruz (both very low volume), are "Average".

    Note also the reliability scores for the US-sourced Santa Fe and Sonata are at least as good if not better than they were when the cars came from the ROK, with one dip (Better than Average to Average) for the 2006 Sonata V6.

    If you compare these figures with those for Honda and Toyota in the same magazine, you'll see Hyundai compares very favorably. Honda has six models at "Better than Average" and four at "Much Better than Average". Toyota has four models at "Average", five at "Better than Average", and nine at "Much Better than Average".

    Maybe you want to wait to buy a Hyundai until CR shows ten years of solid red dots for every model. That's up to you. But note that under that condition, you would not be able to buy a Honda or Toyota today, since they don't have ten (even 6) years of solid red dots across the board in CR's reliability survey (again, referring to the 2009 Auto Issue you cited).
  • ateixeiraateixeira Member Posts: 72,587
    I agree, and I've noticed the same thing.

    Especially the cost cutting in some of the entry-level makes, it has dropped, look closely and you'll see.

    I will reference the small SUV segment because that's what I've shopped lately. Look again at the RAV4 and CR-V, they are nothing special inside, far from it. All the plastics are hard - all of them. The carpet is thin, the metal trim isn't metal, it's painted and not even textured or clearcoated.

    Same for the Forester we purchased, and the Mitsu Outlander. The Ford Escape was the only one that stood out as being any worse than the others, but Honda and Toyota did not stand out in any way, except compared to the Escape.

    The Santa Fe is at least par with any of those. The Veracruz is vastly better than any of them. No contest.

    Toyota uses far better materials on the Sienna, which is why I bought that instead. The carpet is thicker than the RAV4's, the dash is padded, the headliner uses fabric instead of cheap peach fuzz sprayed on cardboard like the RAV. The difference is quite obvious.

    I guess it's my pet peeve when people just assume all Honda and Toyotas use superior materials vs. the competition - this is one very clear example of how they don't - especially at lower price levels.

    Haven't been in a Corolla lately but I'm skeptical when someone says the materials are nicer than the Elantra's, because that's not the case with the CR-V vs. Santa Fe.

    It may be public perception - Honda and Toyota have scored well on quality measures so people just assume they use nicer materials, and the myth continues to perpetuate itself.
  • lokkilokki Member Posts: 1,200
    Bobad -

    Not difficult to comprehend at all it's just that its NEVER been done that way, and there are more than a few bodies in the the street to prove it ....

    Dogma is always a good excuse

    Just because it's never been done before doesn't mean that it can't, but it usually means there's a darn good reason it hasn't been done before...

    Or, if you prefer :
    "The race is not always to the swift, nor the battle to the strong, but that is the way to bet."
    Damon Runyon


    :blush:
  • houdini1houdini1 Member Posts: 8,356
    Hyundai is sort of "In the Cat Bird's Seat" right now and they have a lot of options. It is sort of the perfect storm for them and I hope they do a little thinking outside the box and take advantage of their current position.

    2013 LX 570 2016 LS 460

  • backybacky Member Posts: 18,949
    Just because it's never been done before doesn't mean that it can't, but it usually means there's a darn good reason it hasn't been done before...

    Ten years ago, no automaker had ever offered a 10-year, 100k mile powertrain warranty.

    Before this year, no automaker had offered an "assurance" program that would buy back your car if you lost your income.

    Good companies follow "best practices." Exceptional companies innovate.
  • captain2captain2 Member Posts: 3,971
    you know if you really think that a Lexus is nothing more than an overpriced Toyhpota then there's nothing that will help you - only owning one or simply sitting/rding in one is going to convince you otherwise. There is a reason why the Lexus brand dominates in about all quality/reliability categories and it's NOT because it is a relabelled Toyota,
    Precisely what Hyundai should do as well, establish the Genesis to a different set of materials qaulity and quality control specs. and then charge more for it. Can't wait to hear you whine, if they do
  • captain2captain2 Member Posts: 3,971
    Hyundai discovered that the only way they could help the consumer forget about Hyundai's past abortions was to offer a warranty that is very rarely applicable and/or very rarely even honored. The money they would make from a sales increase would more than cover any increased warranty claim costs. No other reason, simply a sales tool they were forced into - to imply that there is something altruistic, innovative or even quality related here is absurd.
  • backybacky Member Posts: 18,949
    Hyundai discovered that the only way they could help the consumer forget about Hyundai's past abortions was to offer a warranty that is very rarely applicable and/or very rarely even honored.

    Yes, the Hyundai long-term warranty is rarely applicable, due to the reliability of its cars.

    As for "increased warranty claim costs"...

    (HMA CEO) Mr. Krafcik noted that Hyundai's warranty costs have been cut in half, thanks to quality improvements, even as vehicles covered by Hyundai's long warranties move into the high-mileage category.


    http://www.washingtontimes.com/news/2006/aug/03/20060803-084659-8422r/

    Wharton management professor Lawrence G. Hrebiniak says Hyundai's success is the result of a cohesive strategy clearly designed to differentiate the firm from its competitors, combined with a willingness to make substantial investments to carry out the plan.

    http://knowledge.wharton.upenn.edu/article.cfm?articleid=2256

    Yep, just a sales tool they were forced into... nothing innovative or strategic. You should teach at Wharton. ;)
  • ateixeiraateixeira Member Posts: 72,587
    That may have been partially true a decade ago, but what ended up happening is that the product did improve...
  • lokkilokki Member Posts: 1,200
    Yes, Hyundai did the right thing.....

    But it wasn't altruistic - it literally WAS do-0r-die for them in the U.S. Market.

    Hyundai started exporting the Excel two-door and five-door hatchbacks to the United States in 1986, and followed two years later with the mid-size Sonata. In its first year as an export, 126,000 Excel models were sold.

    The Excel suffered reliability issues in its first year due mainly to cost-cutting measures initiated at the South Korean plant. Sales dropped to such low levels that many Hyundai dealerships only survived by making repairs on the cars they had sold.

    Hyundai management, alarmed at its sinking reputation in the United States, embarked on an aggressive campaign to improve quality at the plant. It also provided 100,000-mile, 10-year warranties on all its cars.


    It's pretty hard to compliment someone for being a great swimmer when they learned because they were drowning.

    I am not saying that their quality isn't good now.... however, let's not rewrite history to make them retro-active paragons of forward thinking and virtue.

    The French are famous for great cuisine, and they like horse meat.... but they never ate the stuff until the French Revolution made beef hard to get.
  • ateixeiraateixeira Member Posts: 72,587
    But it wasn't altruistic - it literally WAS do-0r-die for them in the U.S. Market

    I agree.

    It worked out for Hyundai and their customers, though. Win-win.
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