Shein Shares Slide 9% in Hong Kong IPO Debut 
Oil Prices Rise as U.S.-Iran Fighting Fuels Supply Fears 
Itochu Offers $1.56 Billion to Privatize Dentsu Soken 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says 
Street Poller Media and The Boom of the Street Interview Ad Industry 
Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return 
Google Changes EU Spam Policy Amid Antitrust Scrutiny 
GM Canada Workers Approve C$1.1 Billion Investment Deal 
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields 
Treasury Yields Set to Stay High as Debt Supply Pressures Bond Market 
Trump Secures Drug Pricing Deals With Nine Pharma Companies 
OpenAI Nears Astra AI Model Launch With Safety Focus 
Bank of England Sees Surge in Higher-Risk Collateral 
Canada Backs €100 Billion Global Defence Bank 
Oil Prices Jump as U.S.-Iran Tensions Threaten Hormuz 
France Targets Shein, Temu With Fast-Fashion Fees 
Add as a preferred source on Google
Genesis Motors' three car models were recently recognized by the Automobile Journalists Association of Canada (AJAC) and won the Car of the Year award. Hyundai Motor Group, the luxury automaker's parent company, shared the news late last week.
As per The Korea Times, Genesis Motors' G70 sedan, GV70 SUV, and GV80 SUV topped several categories of the award-giving body and took home five awards, including the Best Small Premium Car (Genesis G70), Best Mid-Size Premium Utility Vehicle in Canada (Genesis GV70), Best Large Premium Utility Vehicle (Genesis GV80), Best Technical Innovation Award for the brand's in-vehicle fingerprint reader, and Best Safety Innovation Award for its radar-based rear occupant alert system.
The Genesis G70 car model was said to have recorded a high score in performance, powerful design, and overall assessment. As for the GV70, its scores in boarding environment, interior design, completeness of construction, and general vehicle value appraisal.
The brand's GV80 has won the same award for the second time after winning the SUV of the Year award last year. The Canadian journalists' association announced the best-received cars in the country after 50 journalists tested and evaluated over 250 vehicles based on 20 features such as the car interior, car exterior, entertainment, engine, loading space, transmission, NVH (noise, vibration, and harshness), and more.
With all the awards it received from the country's leading automobile award groups, the company said that Genesis is definitely bolstering its position as a premium vehicle brand in Canada.
"At Genesis, we believe that being a leading brand means developing an exciting product lineup that pairs bold designs with advanced safety and the latest technologies," Genesis Motors Canada's executive director, Lawrence Hamilton, said in a press release. "We are humbled by this honor and thrilled to be recognized by AJAC as leaders in luxury mobility in both the vehicle and innovation categories."
Canada's AJAC is composed of more than 100 journalists specializing in the automotive sector, and they come from all over Canada. They are said to be a dedicated group that consistently reports about carmakers without bias. They thoroughly assess each vehicle via rigorous testing to ensure that the public will be aware of what kind of car they are buying.
