Hyundai’s luxury Genesis brand is doubling down on Europe despite a sharp 19% sales decline in a region where German automakers hold a dominant share. The move signals confidence in long-term growth, with plans to expand its footprint and accelerate electrification as key strategies. Facing stiff competition from established rivals, Genesis aims to carve out a niche by leveraging its premium positioning and electric vehicle lineup. Whether this gamble pays off will hinge on its ability to attract buyers in a crowded and tradition-bound market.
Hyundai’s Genesis premium brand will push deeper into Europe despite sales falling 19 percent in a market dominated by German rivals, betting that expansion and electrification can overcome its ...