GENESIS MOTOR EUROPE APPOINTS PETER KRONSCHNABL AS NEW MANAGING DIRECTOR

• Peter Kronschnabl joins Genesis Motor Europe as Managing Director
• Appointment supports Genesis’ strategic expansion into new European markets
• All-electric lineup to launch in France, Italy, Spain and The Netherlands

Frankfurt, Germany, 31 July 2025: Genesis Motor Europe today announced the appointment of Peter Kronschnabl as its Managing Director, effective 4^th August 2025. He succeeds Xavier Martinet, who has served as interim Managing Director in addition to his role as President & CEO of Hyundai Motor Europe. Kronschnabl will be leading the team at the brand’s European headquarters in Frankfurt, Germany.

Kronschnabl brings over 30 years of commercial and strategic leadership from the automotive industry, having held a variety of senior roles at BMW Group across regional management, marketing, sales and business development. Most recently, he served as the Vice President of Market Development and Special Sales since 2021, leading responsibility for BMW Group’s emerging markets.

Xavier Martinet, President & CEO of Hyundai Motor Europe said, “With his extensive premium automotive brand experience, proven track record of leadership and strategic thinking, Peter is perfectly positioned to lead the next phase of growth for Genesis in Europe. His expertise in market development will be key as we prepare to launch in multiple new European markets in 2026.” 

Peter Kronschnabl comments, “Genesis is an exciting brand with strong foundations, a passionate team and a unique position in the market. With its distinct Korean spirit, design-driven performance values and a premium all-electric model lineup, I look forward to replicating the customer demand and growing success seen already in Korea and the US. The future Magma and hybrid products, Genesis Magma Racing programme and market expansion plans will all provide great opportunities to really drive Genesis into its next chapter in Europe.”

In June 2025, Genesis Motor Europe announced its expansion into four new markets, complementing its existing operations in the UK, Germany and Switzerland. Genesis will be launching its electrified product range in France, Italy, Spain and The Netherlands, with customer deliveries in early 2026. Alongside new market launches, the brand will also launch its first high performance model, GV60 Magma, ahead of the Genesis Magma Racing debut at the 2026 FIA World Endurance Championship.

About Genesis Motor Europe

Founded in Seoul, Genesis is a leader in premium electrified cars with a vibrant, distinctly Korean spirit.

Launched in Europe in 2021, the brand’s award-winning premium models offer a luxurious ownership experience, defined by advanced technologies, dynamic performance and the trademark ‘Athletic Elegance’ design philosophy. Genesis’ European lineup includes GV60, Electrified GV70 and Electrified G80, offering effortless refinement, intelligent features, and unique interior concepts inspired by ‘the beauty of white space’.

Headquartered in Frankfurt, Genesis Motor Europe operates in Germany, Switzerland, and the UK – as part of its ongoing market growth strategy, the brand will launch in France, Italy, Spain, and the Netherlands in 2026. Underlining its position as a design-driven performance brand, Genesis will introduce GV60 Magma, its first high performance model, and debut the Genesis Magma Racing LMDh car in the 2026 World Endurance Championship.

Genesis is dedicated to a sustainable future and aims to become carbon net zero by 2035.

For more information about Genesis, please visit www.genesis.com.