No, Genesis is not owned by BMW. Genesis is a luxury vehicle brand launched in 2015 by Hyundai Motor Group, the South Korean multinational automotive manufacturer. The company focuses on creating premium vehicles with innovative technology and luxurious amenities. Although Hyundai invested heavily in its new luxury marque, it has no relationship with BMW or any other automakers for that matter; instead, the company produces all of their own designs and parts from the ground up. Furthermore, while both companies specialize in producing high-end cars, they have very different approaches to design philosophy and engineering - meaning that each car produced under either badge will be unique to its respective maker.