The concept not only signals Hyundai's future design direction, it also hints that a new luxury coupe may be headed to Hyundai showrooms and revived speculation that Hyundai may develop the Genesis into a luxury sub-brand.
Hyundai did not say whether this is a replacement for the Hyundai Genesis Coupe, which is on sale now.
The concept is built on the philosophy that "you don't need to be over the top in terms of glitz and stereotypical luxury cues," said Peter Schreyer, president and chief design officer for Hyundai, in a statement.
Design cues on the Vision G include a long hood, high beltline and "a cabin that presents a slingshot-like appearance," the automaker said.
The cabin features quilted leather seats, along with wood and bronze accents.
The concept is powered by a 5.0-liter Tau V8 engine that produces 420 horsepower and 383 pound-feet of torque.
Hyundai said the concept provides "inspiration for its family of future premium products that promise luxury."