Notices
Car Chat General discussion about Lexus, other auto manufacturers and automotive news.
Sponsored by:
Sponsored by: Innova

Genesis changes its mind on retail plans

Thread Tools
 
Search this Thread
 
Old May 19, 2018 | 09:22 AM
  #91  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
10 Year Member
Community Builder
Active Streak: 30 Days
Liked
 
Joined: Nov 2011
Posts: 35,276
Likes: 305
From: ON/NY
Default

Originally Posted by Mike728
Really, why? I, for one, do not look forward to stopping by my local Lexus dealer. I can think of much better ways to spend my time.
I have no problem with dealers or going to the dealer. I go four times a year (I am responsible for two cars so the visits are double). Both oil changes are done within in 39 minutes at Toyota (closer to 1hr) by the time I park and check in. Then I get a free coffee and some snacks. The way I look at going to the dealer for service is that for me it is an escape from my real world and day to day life. I get to see some new cars, I get to talk to some people who work there that I have know for 25+ years, and if I want I get to drive any demo car for fun. Although this may not work for everyone, it works for me. My second visit for each car is usually a maintenance visit so it takes a bit longer as it is closer to two hours, on those days I usually get a shuttle to my parents and I stop by for lunch etc etc. As for work, I refuse to do any work while I go, I get to make that decision as we own most of the company and I am the boss. That said, I go usually on Wednesday’s which I usually take off for most weeks of the year.
Reply
Old May 19, 2018 | 09:30 AM
  #92  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
10 Year Member
Community Builder
Active Streak: 30 Days
Liked
 
Joined: Nov 2011
Posts: 35,276
Likes: 305
From: ON/NY
Default

Originally Posted by AJT123
While I definitely agree that Genesis needs a network of dealers as opposed to using Hyundai dealers to really compete, I must say it's kind of messed up to berate people who don't have 50-70k to spend on a car. There is absolutely nothing wrong with a person buying a cheap new Hyundai.
I agree with what you are saying, but there are people who do not have any interest in owning a Hyundai. IMO, Genesis will only go so far as the Hyundai brand can go. Same thing with Lexus as Lexus already gets the prestige of being backed by the worlds most valuable automaker who is on the top 10 list with Apple, Coca-Cola and Microsoft in the top 10.

The Genesis brand needs to excel at offering exactly what you can get at a Lexus, MB, or any other luxury dealer. The current Hyundai network is not going to succeed in doing that. The Genesis dealer in Square One Mississauga is a nice place to be, it has a theme, nice presentation, the cars are all powered on inside minus the motor of course. They have nice color palette builders on the walls. Good cafe and nice sales staff. There is nothing to muddy the waters that you are in a presumed luxury dealer.

Last edited by Toys4RJill; May 19, 2018 at 09:36 AM.
Reply
Old May 19, 2018 | 11:52 AM
  #93  
bitkahuna's Avatar
bitkahuna
CL Community Team
iTrader: (20)
 
Joined: Feb 2001
Posts: 80,377
Likes: 3,780
Default

Originally Posted by LexsCTJill
Lexus already gets the prestige of being backed by the worlds most valuable automaker who is on the top 10 list with Apple, Coca-Cola and Microsoft in the top 10.
not sure why you keep inflating toyota's value - it's certainly the highest valued automaker but it's not even close to the top 10 of valued companies. at #10, Johnson and Johnson is about 50% bigger than toyota. apple at the top is 4x Toyota's value.

https://en.wikipedia.org/wiki/List_o...alization#2018
Reply
Old May 19, 2018 | 12:30 PM
  #94  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
10 Year Member
Community Builder
Active Streak: 30 Days
Liked
 
Joined: Nov 2011
Posts: 35,276
Likes: 305
From: ON/NY
Default

Originally Posted by bitkahuna
not sure why you keep inflating toyota's value - it's certainly the highest valued automaker but it's not even close to the top 10 of valued companies. at #10, Johnson and Johnson is about 50% bigger than toyota. apple at the top is 4x Toyota's value.

https://en.wikipedia.org/wiki/List_o...alization#2018
Toyota is in the top 10 most for most valuable brands. Company financials are not the only thing to judge by. It’s also profits as well as brand recognition and brand reach, global or domestic. You can add in innovation as well as research. Mercedes-Benz is the only company that comes close to Toyota. That said, where is Hyundai right now? Not doing very well financially in both sales and profits. My comments about Hyundai/Genesis and Toyota/Lexus are on that Lexus has and had an advantage at the time as Toyota was very well regarded in 1989 in and around the launch of Lexus. If Hyundai is very strong, the. Genesis benefits.
Reply
Old May 19, 2018 | 12:34 PM
  #95  
bitkahuna's Avatar
bitkahuna
CL Community Team
iTrader: (20)
 
Joined: Feb 2001
Posts: 80,377
Likes: 3,780
Default

^^^ provide link on what you base this on.

not in top 10 global brands here either (inc.)

https://www.inc.com/business-insider...ance-2018.html
Reply
Old May 19, 2018 | 12:40 PM
  #96  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
10 Year Member
Community Builder
Active Streak: 30 Days
Liked
 
Joined: Nov 2011
Posts: 35,276
Likes: 305
From: ON/NY
Default

https://www.forbes.com/powerful-brands/list/

Originally Posted by bitkahuna
^^^ provide link on what you base this on.

not in top 10 global brands here either (inc.)

https://www.inc.com/business-insider...ance-2018.html
There are many ways to judge brands. I am speaking more of brand equity. Not just financially.


Last edited by Toys4RJill; May 19, 2018 at 12:43 PM.
Reply
Old May 19, 2018 | 12:57 PM
  #97  
Toys4RJill's Avatar
Toys4RJill
Lexus Fanatic
10 Year Member
Community Builder
Active Streak: 30 Days
Liked
 
Joined: Nov 2011
Posts: 35,276
Likes: 305
From: ON/NY
Default

http://brandirectory.com/league_tabl...lobal-500-2017

Here is another listing.


http://europe.autonews.com/article/2...oreUserAgent=1

^^^. Just automakers in general. But it is a bit outdated.

Last edited by Toys4RJill; May 19, 2018 at 01:15 PM.
Reply
Old May 19, 2018 | 08:20 PM
  #98  
bitkahuna's Avatar
bitkahuna
CL Community Team
iTrader: (20)
 
Joined: Feb 2001
Posts: 80,377
Likes: 3,780
Default

Originally Posted by LexsCTJill
http://brandirectory.com/league_tabl...lobal-500-2017
Here is another listing.

http://europe.autonews.com/article/2...oreUserAgent=1
^^^. Just automakers in general. But it is a bit outdated.
first link shows toyota outside top 10 (12).
second link shows tesla beating lexus in branding.

anyway, no question that toyota has a DESERVED excellent branding reputation and value.

of course that's not what this thread is about though.
Reply
Old May 19, 2018 | 10:49 PM
  #99  
AJT123's Avatar
AJT123
Lexus Champion
10 Year Member
Community Influencer
Loved
Community Favorite
 
Joined: Jan 2012
Posts: 16,746
Likes: 446
From: Knoxville, TN
Default

Originally Posted by Mike728
Really, why? I, for one, do not look forward to stopping by my local Lexus dealer. I can think of much better ways to spend my time.
They just had a major remodel and addition, when it didn't even really need it. It's got to be the nicest dealership in town now. It's fun to check out the new cars. I finally sat in the LC when I was there last week. There are always snacks and cookies and drinks. I don't go out of my way to go there, but it is always a pleasant experience.

CTJill, I agree with everything you're saying and don't equate Genesis on the same level as Lexus, not even really close. All I meant was seeing the "Gosh, I don't want to see poor people buying cheap cars" comments was a little off putting.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Hoovey689
Car Chat
396
Sep 9, 2020 05:04 AM
Hoovey689
Car Chat
27
Feb 20, 2019 11:43 AM
Hoovey689
Car Chat
3
Sep 26, 2018 01:21 PM
Hoovey689
Car Chat
6
Mar 21, 2018 02:14 PM
Hoovey689
Car Chat
45
Feb 28, 2018 08:24 PM




All times are GMT -7. The time now is 03:28 PM.