Ford Motor Co. reportedly soon will announce the transfer of control of its Lincoln-Mercury brand from Ford’s Premier Automotive Group (PAG) to its core North American operations. PAG Chairman Wolfgang Reitzle will recommend the move to Ford’s top management in the coming weeks, probably before the No.2 auto maker’s annual meeting next month, says a report in The Financial Times. This would leave only European brands within the PAG structure, including Land Rover, Jaguar, Volvo and Aston ...
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