Today, Genesis Motors Canada reports its best annual sales in the brand's 8-year history in Canada, with its 31 Distributors across the country selling 7,040 units in 2024, an increase of 6.4 per cent versus CY2023.

The award-winning Genesis GV70 SUV has been the brand's best-seller in Canada consecutively since arriving to market in the second half of 2021, with 1,522 sales in its debut year. Four years later, the GV70 – set for a redesign in CY2025 – recorded sales of 4,048 in 2024, representing YoY growth of 30.1 per cent. The GV80 SUV also posted a YoY gain, with 1,187 deliveries, up 6.1 per cent versus 2023. The G70 sedan continues to be a core model for Genesis in Canada, with annual sales of 818.

2024 saw nine months of YoY growth for Genesis in Canada, including consecutive growth since August, driven by consistent demand for GV70 and GV80, and bolstered by the market arrival of the all-new, GV80 Coupe, which arrived in Distributor showrooms in the fall and made its national debut at the renowned Presidents Cup PGA TOUR event at the end of September. Genesis closed 2024 with a 12.4 per cent gain for December sales, propelled by YoY increases for G70 (+14.6 per cent) and GV80 (+80.4 per cent).

'We're proud of the 2024 sales results we achieved with our 31 Distributors in Canada because it's proof positive that our collective, and top priority of centering entirely on the guest experience is effective. This goes beyond the normal service touches for a luxury automaker to offer and includes elements such as one transparent online price, at-home test drives; and the 5-year, worry-free Genesis ownership experience featuring complimentary scheduled maintenance and roadside assistance, as well as at-home valet and courtesy vehicle service,' says Eric Marshall, managing director of Genesis Motors Canada.

'The Canadian luxury automotive market saw headwinds in 2024, but we persevered and will continue to do in 2025 and beyond with our continued focus on providing a highly personalized experience for our guests and supported by our award-winning lineup. In 2025, we look forward to opening an additional 10 brand-new GRX facilities, bringing our total to 27 Genesis dedicated stores nationwide. This marks a significant milestone in our mission to provide exceptional experiences, welcoming even more guests to Genesis and enhancing our nationwide presence.

 

 

2023 CYTD

2024 CYTD

Delta 24 vs 23

Genesis G70

1,019

818

-19.7%

Genesis G80

330

186

-43.6%

Genesis G80 EV

53

7

-86.8%

Genesis G90

47

22

-53.2%

Total Genesis Cars

1,449

1,033

-28.7%

Genesis GV60

454

254

-44.1%

Genesis GV70

3,111

4,048

30.1%

Genesis GV70 EV

487

292

-40.0%

Genesis GV80

1,116

1,187

6.4%

Genesis GV80 Coupe

0

226

-

Total Genesis SUV

5,168

6,007

16.2%

Total Retail (cars + SUVs)

6,617

7,040

6.4%