Each PIVE program offered subsidies to new-car buyers who had to show they were scrapping a model 10 to 12 years old. But because none set a minimum ownership period, some old vehicles changed hands without leaving the junkyard....More
Lincoln isn’t aiming to elbow aside the Mercedes S-Class or Audi A6. It wants to cash in on the increasing popularity of CUVs and SUVs to grab a slice of what soon will be the largest luxury pie in the world....More
Lincoln vehicles will be sold through an independent network of 60 dealers in 50 cities across China by 2016. Ford's luxury brand spent three years researching the market, including building a prototype dealer facility in Shanghai to test and refine every aspect of the Lincoln customer's journey through the purchase and ownership process.
Wealthy young consumers soon will make China the world's largest luxury vehicle market. Only a tiny percentage of Beijing, China's population can afford luxury items, but with a population of more than 21 million, a small percentage adds up to a lot of shoppers supporting many high-end stores in the city's upscale Dongcheng financial district. Rodeo Drive and Fifth Avenue have nothing on this smoggy street of dreams, except perhaps cleaner air.
“If we had a local fruit truck from Birmingham here or local delivery truck that is still around, a local firetruck, that’s every bit as important as the Washington Monument on the national level. It’s all part of our heritage, and heritage starts local," Mark Gessler says....More
U.S. top 500 dealerships ranked by total revenue for 2014. Includes dealership name, owner, city, state, new vehicle revenue, new vehicle units, used vehicle revenue, used vehicle units, finance and insurance revenue, service revenue, body shop revenue, and parts and accessories revenue....More