Lincoln Motor Company: What's Going On?
By Larry Nutson
Senior Editor, New York Bureau
The Auto Channel
Yes. What’s up with Lincoln?
On February 4, 1922 Edsel Ford signed the agreement purchasing the Lincoln Motor Company from its founder Henry Leland. The price: $8 million.
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There had been, up to a few years ago, a Lincoln-Mercury Division at Ford Motor Company. But with Mercury gone, in December 2012 we were reintroduced to “The Lincoln Motor Company,” in a campaign that captures the founding principles of the company and brings them forward to a new generation of progressive luxury buyers.
Last year Lincoln sold slightly less than 82,000 vehicles. That’s quite a drop from the 131,000 Lincoln sold just six years earlier. However, Lincoln is off to a great start in 2014 with January sales up 43% from a year ago, in a month that is typically the weakest in the auto industry and saw actual overall industry sales marginally up.
The January sales represent Lincoln’s best performance for the month in four years. The increase came from Lincoln MKZ, with sales of 2,122 vehicles, up 368 percent, and Lincoln MKX, with 2,479 vehicles sold, a 36 percent year-over-year gain.
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However, I recently noticed in an SAE International technology e-newsletter of early February the following: “according to Ford and supplier engineers who spoke unofficially prior to the (F-150) truck’s debut…The F-150 is the initial step in a larger strategy by Ford to convert all of its full-size trucks, including F-250/350 and the large Ford and Lincoln SUVs built in Louisville, to primarily aluminum construction by 2017, the engineers said. The plan brings a high degree of process and tooling commonality to Ford’s three U.S. truck plants, which is expected to yield significant economies of scale to the truck production.”
Lincoln’s product portfolio is, in my opinion, a little SUV-heavy for what I see as primarily a premium car brand. There are two sedans, the MKZ and MKS, the MKT crossover/wagon, and the MKC, MKX and Navigator SUVs.
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We may see future expansion oversees. The Lincoln brand has high awareness in China. The Lincoln MKZ was named this year’s best compact premium vehicle in the J.D. Power and Associates Automotive Performance, Execution and Layout (APEAL) Study reflecting the high marks owners give the vehicle for exterior styling, intuitive technology, seat comfort and storage. And I’m told we can expect more product news from Lincoln in the next twelve months.
Take a look at http://www.lincoln.com for more "From The Horse's Mouth" Lincoln product information. Or do serious premium vehicle comparisons here on the Lincoln Buyers Guide or find 20 years of Lincoln REVIEWS, NEWS, PRICES, SPECS AND VIDEO.
I'm sure that Lincoln will be around for the foreseeable future with exciting new product and customer service. With 970 Lincoln Dealers in the U.S, we expect new offerings in the premium segments to meet the needs of retiring baby-boomers, families who are re-urbanizing, and the younger generation who want premium features in a vehicle.
Indeed there are good things going on at Lincoln.
© Larry Nutson