Genesis Sales Data, Trends & Analysis for the Europe Automotive Market
Genesis is the luxury brand of Hyundai, like Lexus is to Toyota and Audi to Volkswagen. The brand was spun off from Hyundai in August 2016 to become a stand-alone brand, and sales in Europe started in 2021. Its European line-up consists of the G70 midsized sedan and wagon, the latter of which has been specifically designed for the European market, the G80 large sedan, the GV70 midsized crossover and the GV80 large crossover.
Genesis Europe Sales Figures & Recent Highlights
Genesis Europe sales figures are still relatively new, as the brand only launched in Europe in 2021. However, the company has already made a significant impact in the region. Overall, Genesis Europe sales have been growing rapidly in recent years. The company is benefiting from a number of factors, including the introduction of new models, partnerships with other automakers, and its focus on luxury. Genesis is well-positioned for continued growth in the European market.
The GV60 is an electric SUV that was launched in Europe in 2022. The GV60 has been well-received by consumers, and it has helped to boost Genesis’s sales in Europe. In 2022, Genesis announced that it would open its first European dealership in Germany. Genesis also announced that it would launch two new electric vehicles in Europe in 2023, the GV70 and GV90. Genesis is also working to expand its dealer network in Europe. The company plans to open 20 new dealerships in Europe by 2025.
Genesis Annual Sales Data and Market Share in Europe
Below we have a table that shows total Genesis sales volumes for the European automotive market, broken out by year. This data captures all Genesis vehicle sales for the entire European automotive market.
| Year | Sales | YOY Change | US Marketshare | Marketshare Change |
|---|---|---|---|---|
| 1997 | 997,094 | 0.00 | 12.07 | 0.00 |
| 1998 | 989,738 | -0.74 | 10.45 | -15.45 |
| 1999 | 1,241,830 | 25.47 | 10.96 | 4.64 |
| 2000 | 1,167,327 | -6.00 | 9.97 | -9.91 |
| 2001 | 1,284,766 | 10.06 | 10.34 | 3.59 |
| 2002 | 1,255,255 | -2.30 | 10.03 | -3.08 |
| 2003 | 1,109,778 | -11.59 | 8.83 | -13.61 |
| 2004 | 1,089,933 | -1.79 | 7.81 | -13.03 |
| 2005 | 1,083,003 | -0.64 | 7.77 | -0.59 |
| 2006 | 1,065,233 | -1.64 | 7.73 | -0.55 |
| 2007 | 1,084,010 | 1.76 | 7.84 | 1.50 |
| 2008 | 1,034,233 | -4.59 | 8.03 | 2.28 |
| 2009 | 1,149,452 | 11.14 | 8.73 | 8.07 |
| 2010 | 1,023,250 | -10.98 | 8.09 | -7.93 |
| 2011 | 963,207 | -5.87 | 7.65 | -5.68 |
| 2012 | 844,785 | -12.29 | 7.45 | -2.73 |
| 2013 | 1,023,297 | 21.13 | 9.03 | 17.48 |
| 2014 | 1,112,567 | 8.72 | 9.23 | 2.21 |
| 2015 | 1,141,419 | 2.59 | 8.85 | -4.29 |
| 2016 | 1,109,015 | -2.84 | 8.01 | -10.54 |
| 2017 | 1,075,840 | -2.99 | 7.41 | -8.02 |
| 2018 | 947,674 | -11.91 | 6.62 | -12.07 |
| 2019 | 903,229 | -4.69 | 6.12 | -8.01 |
| 2020 | 578,336 | -35.97 | 5.16 | -18.77 |
| 2021 | 584,614 | 1.09 | 5.28 | 2.31 |
| 2022 | 544,497 | -6.86 | 5.30 | 0.36 |
Genesis Europe Annual Sales Units & Market Share Chart
Below is a visual representation of Genesis Europe sales units over time. We have both the Ferrari sales units and the market share in the European market. Click on the items in the legend to see each series by itself.
Genesis Europe Growth Rate & Market Share Chart
Below is the annual growth rate for the Genesis brand in Europe, shown against the Genesis’s marketshare changes in Europe. This gives you a good look into how Genesis has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Genesis Cars & SUVs in Europe
COMING SOON
Sources: Manufacturers, ANDC, JATO Dynamics.
