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Genesis continues to feel the effects of the COVID-19 pandemic based on their May 2020 sales. But there does seem to be some optimism for the company.

Genesis Motor America today reported sales of 1,350 units in May 2020, a 41.6 percent decrease compared with the prior year. However, Genesis enjoyed a 67.5 increase vs. April 2020. For the first five months of 2020, Genesis Motor America sold 6,111 units, a 24.7 percent decrease for the calendar year thus far.

“I believe our month over month increase shows just how resilient we are as a brand. These are challenging times, but I’m encouraged to see positive signs of growth across the board,” said Mark Del Rosso, President and Chief Executive Officer, Genesis Motor North America. “With the announcement of our Genesis Concierge program, the coming arrival of our all-new 2021 G80 and our first-ever SUV - the GV80, I’m confident that our performance will exceed expectations in the latter half of the year. Already, we have over 11,000 reservations for the GV80 SUV and more than 1,600 for our G80. We are the ones to watch. It’s going to be a great close for Genesis.”


MAY 2020MAY 2019YTD 2020YTD 2019% CHANGE
Genesis Total1,3502,3136,1118,120-24.74%
G708701,4473,4954,522-22.71%
G803197081,6772,821-40.55%
G9016115893977720.85%

 
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