Automobiles
Genesis GV80 global sales hit record high in Jan-June 2024
The premium brand unveiled redesigned GV80 and GV70 between late 2023 and May 2024
By 17 HOURS AGO
1
Min read
Most Read
![Genesis GV80 was launched in 2020](https://www.kedglobal.com/data/ked/image/2024/07/21/ked202407210005.700x.9.jpg)
Sports utility vehicle GV80 under Hyundai Motor Co.'s premium brand Genesis recorded its highest half-year sales in the first half of this year, after it rolled out a revamped model late last year amid growing demand for SUVs.
GV80 sold 38,752 units worldwide in the first six months of this year, up 39.7% from the same period of last year, according to Hyundai Motor’s investor relations materials released on Sunday.
That also marked a 35% surge, compared with the 28,736 units it sold in the second half of 2023 that was the then strongest results for the premium model for a six-month period.
The first-half sales results in 2024 broke down into 14,940 units sold in overseas markets and domestic sales of 23,812 units.
![A modified model of GV70 unveiled in May 2024](https://www.kedglobal.com/data/ked/image/2024/07/21/ked202407210007.700x.9.jpg)
Hyundai released a new iteration of GV80 with a partial change in October of last year, under which its radiator grilles are decorated with diamond patterns to emphasize its luxury brand image.
In the US, GV80 performed well. Its first-half sales jumped 22.2% to 10,091 units versus the 8,255 units sold in the same period of 2023.
The GV80 was unveiled in 2020 along with the GV70 as the Gensis brand’s first SUV models.
GV70 also led Genesis’ US sales that reached 12,181 units in the first half of this year. The mid-size SUV unveiled its first redesign in April this year since its 2020 debut.
![The revamped Genesis GV80 Coupe launched in 2023](https://www.kedglobal.com/data/ked/image/2024/07/21/ked202407210002.700x.9.jpg)
Genesis GV80 Coupe SUV also drove Gensis sales growth. It sold 3,322 units worldwide in the first six months of this year.
Write to Jin-Won Kim at Jin1@hankyung.com
Yeonhee Kim edited this article
More to Read
-
AutomobilesGenesis unveils GV70 facelift ahead of Korean debut in May
Apr 26, 2024 (Gmt+09:00)
2 Min read -
AutomobilesGenesis G80, GV70 electric models win Canada Car of the Year awards
Feb 16, 2024 (Gmt+09:00)
1 Min read -
AutomobilesLG Elec to supply infotainment system for Genesis GV80
Nov 01, 2023 (Gmt+09:00)
1 Min read -
AutomobilesGenesis unveils redesigned GV80, first-ever GV80 Coupe
Sep 27, 2023 (Gmt+09:00)
1 Min read -
AutomobilesGenesis GV80 to come with LG’s OLED auto display in close tie-up
Jul 03, 2023 (Gmt+09:00)
3 Min read -
Electric vehiclesHyundai Motor seeks remedies after GV70 exclusion from US subsidies
Apr 18, 2023 (Gmt+09:00)
4 Min read -
AutomobilesHyundai Motor begins Genesis GV70 EV production in US
Feb 23, 2023 (Gmt+09:00)
1 Min read
Comment 0
LOG IN