Genesis has announced U.S. pricing for the 2027 GV60 Magma, the brand's first high-performance model, with a starting MSRP of USD 69,950. The electric performance SUV features a dual-motor all-wheel-drive system producing more than 600 horsepower, with up to 641 horsepower available in Boost Mode. Designed with a wid

On June 4, multiple sources reported that Hermes Khodro has received type approval certificates for the Kia Sorento, Carnival, and Tasman models. These approval certificates will help the company to launch these products into the Iranian market. Hermes Khodro has also received a standard license and type approval cer

On April 1, at the New York International Auto Show, Genesis president and CEO Jose Munoz announced a multi‑year product and manufacturing strategy that underscores the brand's commitment to North America. "Today we are committing to 22 new or significantly enhanced vehicles in North America by 2030,” said Munoz.
Fro

On February 24, Genesis Motor UK revealed the full specifications of the all-new GV60 Magma before its UK launch, with the car now on public display.
The model has an 84kWh battery and dual electric motors, which generates output of 650 PS. It can accelerate from 0–60mph in 3.4 seconds and charge from 10–80% in 18 mi

Reported on February 19, 2026, Hyundai Motor Group’s luxury marque Genesis Motor is gearing up for its official brand launch in Indonesia’s premium automotive segment.
PT Hyundai Motors Indonesia (HMID) said preparations are underway, with a specialized team engaging current Genesis owners through exclusive consultat

On February 12, Genesis, South Korean premium car brand, announced its launch in France. The company plans to continue expanding in Europe, with Netherlands and Spain to follow later this year.
At launch, Genesis will sell three fully electric models i.e., GV60 (a compact luxury SUV), Electrified GV70 SUV, and Electr

On December 4, Hyundai announced that it is recalling certain G90 sedans painted in Savile Silver because the paint can trick the front corner radar sensors into falsely detecting a vehicle merging and triggering the brakes. While only affecting about 483 Genesis G90s from model years 2023 through 2026, the recall i

On December 10, Genesis revealed the G90 Wingback concept vehicle. The concept is built on the regular G90 platform, keeping its 3.2-meter wheelbase and 5.1-meter length.
Exterior, features key Genesis design elements such as the Crest Grille, Parabolic Line, Two-Line headlamps, and large lower air intakes with canar

On November 6, Hyundai Motor Company President and CEO José Muñoz shared the company’s strategic direction for 2026 in a global town hall-style meeting live streamed from Hyundai’s Gangnam office in Seoul.
Munoz reaffirmed Hyundai Motor aims to achieve 5.55 million global vehicle sales by 2030, with electrified vehic

On November 6, Hyundai Motor Group announced the opening of a new EUR 150 million facility at its Hyundai Motor Europe Technical Center (HMETC) in Rüsselsheim am Main, Germany. It will play a vital role in the development of future Hyundai, Kia and Genesis models in Europe.
The new 25,000 square meters site includes

On October 10, Genesis announced the opening of Genesis Design California, a new state-of-the-art design facility located in El Segundo, California. "Genesis Design California embeds our team directly in the U.S. market, ensuring we design vehicles that truly resonate with North American customers,” said José Muñoz,

On September 9, Genesis announced that it is showcasing its electrified model lineup, including the GMR-001 Hypercar and the GV60 Magma Concept, at IAA Mobility 2025 in Munich, Germany.
It will also present its European portfolio, featuring the enhanced Genesis GV60, Electrified GV70, and Electrified G80 at the event

On August 29, Genesis announced the availability of a pair of new charging features that greatly simplify and improve the public charging experience for new 2026 Electrified GV70 and 2026 GV60 (coming soon): in-app charging and plug and charge. 
Along with the Genesis Home marketplace, these intuitive public charging

On August 21, J.D. Power released its 2025 U.S. Tech Experience Index (TXI) Study with the addition of a smart vehicle category that highlights the growing use of artificial intelligence (AI) in vehicles. Several of these features, including smart ignition, climate control and driver preferences, ranked in the top 10

On August 14, GB Corp announced that during the first half of 2025, it has launched three new Genesis EV models after becoming the official distributor of Genesis in Egypt. It also introduced the new Changan SUV CKD model, as well as two new Changan sedan CBU models. It also recently signed an exclusive distributorsh

Genesis confirmed to multiple media outlets that it had discontinued sales of the Electrified G80 for the North American market, removing the model from the brand’s website. According to Genesis, sales of the Electrified G80 in North America were discontinued as it adapts to shifting customer preferences and market c

Hyundai Motor Group's export of EVs from Korea to the U.S. fell 88.0% YoY in the first five months of 2025, as it shifted production of U.S.-bound vehicles to its new Metaplant in Georgia amid sluggish demand, according to multiple Korean media reports on July 22.
According to the Korea Automobile & Mobility Associat

On June 18, Genesis Motor UK unveiled the latest generation GV60. The vehicle will be available to order in the UK from July 1, 2025.
The new GV60, built on Genesis’ Electric Global Modular Platform (E-GMP), also brings a series of driver-focused updates for model year 2025. It comes with a new 84kWh battery now capa

On June 13, Genesis Motor Europe announced its plans to expand into four new European markets, marking a new phase in its regional growth strategy. The company will be establishing a new presence in France, Italy, Spain and the Netherlands, with first customer deliveries expected in early 2026.
The company will launc

Hyundai Motor Co. is preparing to increase the price of all the vehicles it sells in the U.S. to cushion the impact of tariffs imposed by President Trump, according to people familiar with the matter. Hyundai is considering a 1% increase to the suggested retail price of newly built vehicles as soon as the beginning o