Alex Dykes on why Genesis sales are temporarily delayed.
#16
#17
Lexus Fanatic
Anyone you look at it. It is unbelievable that parent Corp Hyundai messes up this Genesis launch either by product or now by distribution which is just a contribution to their issues.
#18
Lexus Champion
Lol. Sounds like you're splitting hairs about who reported what, when, are you not? This story dates well back to 2017 when the first reports emerged on how Hyundai had bungled its Genesis rollout. All the other stuff was either reported locally or was a followup to subsequent events. All Alex on Autos has done is post something on his Youtube channel for his subscribers.
It's not reasonable to hold him up to some sort of legacy media standard when clearly, he only has under 250K for subscribers (an impressive feat in itself). He's not going to be doing NYT or WSJ stuff here. It's just a guy doing car reviews. You state that you find media to be biased and not trustworthy and put more stock in what actual people think about their cars. Yet you keep citing the very mainstream media sources you say might be biased. Alex is just a regular guy talking cars on his Youtube channel. So he's not good enough for you?
Yes his channel is atrocious for bad video production standards and he isn't exactly telegenic but his subscribers do seem to see him as informative in a way that maybe others are not. I don't like his constant arm waving and bad on camera appearance. It looks really, really amateurish compared to others. But you can see why he looks for insights about vehicles he reviews. He's basically a walking, talking nerd encyclopedia about the cars that are parked behind him.
It's not reasonable to hold him up to some sort of legacy media standard when clearly, he only has under 250K for subscribers (an impressive feat in itself). He's not going to be doing NYT or WSJ stuff here. It's just a guy doing car reviews. You state that you find media to be biased and not trustworthy and put more stock in what actual people think about their cars. Yet you keep citing the very mainstream media sources you say might be biased. Alex is just a regular guy talking cars on his Youtube channel. So he's not good enough for you?
Yes his channel is atrocious for bad video production standards and he isn't exactly telegenic but his subscribers do seem to see him as informative in a way that maybe others are not. I don't like his constant arm waving and bad on camera appearance. It looks really, really amateurish compared to others. But you can see why he looks for insights about vehicles he reviews. He's basically a walking, talking nerd encyclopedia about the cars that are parked behind him.
#19
Lexus Fanatic
Lol. Sounds like you're splitting hairs about who reported what, when, are you not? This story dates well back to 2017 when the first reports emerged on how Hyundai had bungled its Genesis rollout. All the other stuff was either reported locally or was a followup to subsequent events. All Alex on Autos has done is post something on his Youtube channel for his subscribers.
It's not reasonable to hold him up to some sort of legacy media standard when clearly, he only has under 250K for subscribers (an impressive feat in itself). He's not going to be doing NYT or WSJ stuff here. It's just a guy doing car reviews. You state that you find media to be biased and not trustworthy and put more stock in what actual people think about their cars. Yet you keep citing the very mainstream media sources you say might be biased. Alex is just a regular guy talking cars on his Youtube channel. So he's not good enough for you?
Yes his channel is atrocious for bad video production standards and he isn't exactly telegenic but his subscribers do seem to see him as informative in a way that maybe others are not. I don't like his constant arm waving and bad on camera appearance. It looks really, really amateurish compared to others. But you can see why he looks for insights about vehicles he reviews. He's basically a walking, talking nerd encyclopedia about the cars that are parked behind him.
It's not reasonable to hold him up to some sort of legacy media standard when clearly, he only has under 250K for subscribers (an impressive feat in itself). He's not going to be doing NYT or WSJ stuff here. It's just a guy doing car reviews. You state that you find media to be biased and not trustworthy and put more stock in what actual people think about their cars. Yet you keep citing the very mainstream media sources you say might be biased. Alex is just a regular guy talking cars on his Youtube channel. So he's not good enough for you?
Yes his channel is atrocious for bad video production standards and he isn't exactly telegenic but his subscribers do seem to see him as informative in a way that maybe others are not. I don't like his constant arm waving and bad on camera appearance. It looks really, really amateurish compared to others. But you can see why he looks for insights about vehicles he reviews. He's basically a walking, talking nerd encyclopedia about the cars that are parked behind him.
And, Yes, media is very biased. However, one should expect some sort level of legal accountability when it comes to making claims about something.
#20
Lexus Test Driver
Unlike most of us in Car Chat, Alex is technically a member of the auto press, and often has access to data that we don't, except for what we read. The only poster in Car Chat I know of that has access to a lot of technical information like that, from the industry in general, is Carmaker1, though some on the CL staff may get inside Lexus info before the rest of us do. I used to be one of three CL Editors (before they abolished the title)...but that was little more than just a moniker for someone who wrote car-related articles in the forum. We did not have any inside info on matters like this.
#21
Lexus Fanatic
Thread Starter
Obviously we can't answer that in full-detail, but he gives me the impression that he is just a diligent guy who spends his spare time researching things, instead of going out and drinking beer with his buddies. You can tell that in the way he does his videos...he's straight-talk, no nonsense, and to the point, and doesn't go around making faces while he talks or showing a bunch of emotion like, say, Doug DeMuro, or clowning around like Jeremy Clarkson.
Last edited by mmarshall; 11-23-18 at 02:40 PM.
#22
Lexus Champion
I found this to be a good analysis piece from Alex. I do not feel that this was blue-sky speculation but rather it was informed, educated guesstimate.
This story has become a long, drawn-out serial exercise in assembling a large, complicated jigsaw puzzle, with tiny individual pieces (news pieces such as the suit brought forward by the Hyundai dealers) given out over months rather than all at once; because of the long time involved, we have lost pieces, forgetting where we had placed the puzzle pieces over time.
All Alex did was to assemble the pieces for us and, using his big-picture knowledge of the auto industry, help to fill in the blanks where pieces may have been missing.
This story has become a long, drawn-out serial exercise in assembling a large, complicated jigsaw puzzle, with tiny individual pieces (news pieces such as the suit brought forward by the Hyundai dealers) given out over months rather than all at once; because of the long time involved, we have lost pieces, forgetting where we had placed the puzzle pieces over time.
All Alex did was to assemble the pieces for us and, using his big-picture knowledge of the auto industry, help to fill in the blanks where pieces may have been missing.
#23
Lexus Champion
No. not splitting hairs. Alex is fluff stuff. I was trying to find out what his credibility was and what type of schooling he might of had, but I cannot find the info, all I am trying to say is that he needs to be held accountable for his claims. So does anyone else in media. And, Yes, media is very biased. However, one should expect some sort level of legal accountability when it comes to making claims about something.
Originally Posted by mmarshall
Obviously we can't answer that in full-detail, but he gives me the impression that he is just a diligent guy who spends his spare time researching things, instead of going out and drinking beer with his buddies. You can tell that in the way he does his videos...he's straight-talk, no nonsense, and to the point, and doesn't go around making faces while he talks or showing a bunch of emotion like, say, Doug DeMuro, or clowning around like Jeremy Clarkson.
#24
Lexus Fanatic
iTrader: (20)
I'll take alex's 'fluff' over your opinion that kia, hyundai, genesis are in decline. In this thread you've conflated and spun various unrelated reports, comments, and your opinions into a changing and unsupported 'theory', even though alex's video is consistent with other reports, helpful, and professionaly presented.
but no matter what everyone else has written to the contrary of what you have written, i've no doubt you'll continue to beat your own drum.
but no matter what everyone else has written to the contrary of what you have written, i've no doubt you'll continue to beat your own drum.
#25
Lexus Fanatic
Thread Starter
Also, bit, unlike some others, you've actually done your part, by buying one, to help keep Genesis from going into decline.
One thing, though, which seems to be overlooked, is how Trump's tariffs could affect Genesis imports.
Last edited by mmarshall; 11-23-18 at 08:58 PM.
#26
Lexus Fanatic
Fair response . However, in decline I mean by sales figures, I am not sure how I could be wrong that all three Hyundai corp brands have shown a sales decrease (perhaps I am wrong on that). . That's all. Quality, awards, satisfaction etc, I have nothing but good things to say in that regard
Last edited by Toys4RJill; 11-24-18 at 05:18 AM.
#27
Hyundai changed a lot of their managment this year due to lower profits/sales/quality issues with all of their brands. They actually are having a lot of problems worldwide, it is not a problem from someone posting on CL...
SEOUL (Reuters) - Hyundai Motor Co (005380.KS) on Thursday reported a 14 percent drop in quarterly net profit, missing estimates by a substantial margin, as the South Korean automaker continued to struggle with lackluster sales in the United States and China.
#28
Lexus Fanatic
uh, they are in decline. And there is a reason they separated dealers - they want more profit per car sold, and not upcoming luxury brand to be sold under manufacturing prices. Decline of Genesis sales happened long before last month when 2019 were supposed to arrive, yes it is due to them limiting it to much smaller number of dealers but again that is in the quest of future sustainability and growth... it was pretty crazy to build a network previously where 300 dealers would sell 3-4 cars a month on average. What kind of service could those dealers provide to the buyers when they sell 2 cars per month? so they would just discount them $10k per vehicle to move them off the lots and that was not helping anyone.
Hyundai changed a lot of their managment this year due to lower profits/sales/quality issues with all of their brands. They actually are having a lot of problems worldwide, it is not a problem from someone posting on CL...
They literally have 6 years of declining profits. That is horrible and I dont think there is another manufacturer that is doing that bad right now in the world. Just google hyundai profits. This is at time when Toyota has largest profits in the company history.
Hyundai changed a lot of their managment this year due to lower profits/sales/quality issues with all of their brands. They actually are having a lot of problems worldwide, it is not a problem from someone posting on CL...
They literally have 6 years of declining profits. That is horrible and I dont think there is another manufacturer that is doing that bad right now in the world. Just google hyundai profits. This is at time when Toyota has largest profits in the company history.
#29
This article is only a few weeks old:
"In 2009, Hyundai and partner Kia’s combined sales ranked third in China after General Motors and Volkswagen. The South Korean duo now ranks ninth and its market share in China has more than halved to 4 percent last year, from more than 10 percent at the beginning of this decade."
"In the United States, the world’s second-biggest auto market, Hyundai’s market share fell to 4 percent last year, near a decade low."
"Hyundai ran into problems in China and the United States for similar reasons: It missed shifts in consumer tastes, especially the surge in demand for SUVs, and it sought higher prices than its brand image could command, four Chinese dealers and half a dozen former and current U.S. dealers, executives and employees said."
"Last month, Hyundai posted a 68 percent plunge in third-quarter net profit and reported its operating margin shrank to 2.7 percent in the January-September period. In 2011, Hyundai’s operating margin of 10.3 percent was the industry’s highest after Germany’s BMW."
How Hyundai Motor, once a rising star, lost its shine
https://www.reuters.com/article/us-hyundai-motor-mojo/how-hyundai-motor-once-a-rising-star-lost-its-shine-idUSKCN1N90PZ"In 2009, Hyundai and partner Kia’s combined sales ranked third in China after General Motors and Volkswagen. The South Korean duo now ranks ninth and its market share in China has more than halved to 4 percent last year, from more than 10 percent at the beginning of this decade."
"In the United States, the world’s second-biggest auto market, Hyundai’s market share fell to 4 percent last year, near a decade low."
"Hyundai ran into problems in China and the United States for similar reasons: It missed shifts in consumer tastes, especially the surge in demand for SUVs, and it sought higher prices than its brand image could command, four Chinese dealers and half a dozen former and current U.S. dealers, executives and employees said."
"Last month, Hyundai posted a 68 percent plunge in third-quarter net profit and reported its operating margin shrank to 2.7 percent in the January-September period. In 2011, Hyundai’s operating margin of 10.3 percent was the industry’s highest after Germany’s BMW."
#30
Lexus Fanatic
Thread Starter
Originally Posted by article
Hyundai ran into problems in China and the United States for similar reasons: It missed shifts in consumer tastes, especially the surge in demand for SUVs, and it sought higher prices than its brand image could command, four Chinese dealers and half a dozen former and current U.S. dealers, executives and employees said."