Ford Motor Co. (NYSE:F) announced that it has reduced dealerships of its Lincoln luxury lineup to 325 from about 500 in the top 130 markets, where demand for luxury products is very strong.
With the reduction in dealer count, dealers will compete less with each other and more with the same of other luxury lineups such as Toyota Motor Corp.’s (NYSE:TM) Lexus, Bayerische Motoren Werke AG’s (“BMW”) BMW and Daimler AG’s (DDAIF) Mercedes-Benz.
Ford began to expand its luxury Lincoln line-up at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards