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Hey, now you're talking. They reset every two years or so. Since the LS was torpedoed they've reset, what was it, 3 times or 4?
It's a core competency.
Allen, among others, will point out that since the last reset not enough time has passed to do anything noteworthy.
Certainly true. Fewer "resets" would help. It's called consistent strategy & is very rare in today's corporate America.
Of course it's not sexy and it is taking longer than some would like but if you look at it as a long term rebuilding strategy it makes far more sense than anything they've done in the last several decades.
It sounds like they'll have red label performance versions of most if not all vehicles next year. 300-400 hp with AWD. And hybrids. And high end customized designs. If you don't think that will work then we'll just have to wait and see.
It certainly doesn't work for Audi. Oh wait.....
In addition to black label luxury they'll also have green label hybrids and red label performance vehicles. But I'm sure nothing they do will ever be good enough for you.
Lincoln needs lots more money to become a player again in the luxury market. Slowly, with each re-plan, they are throwing more money at the brand. Eventually, they will get to the level of investment it really takes in this competitive market--or they will never make it.
I agree with Allen that FWD/AWD can be the basis of some really good vehicles. Audi started with front biased AWD. It has moved toward extending the front axle closer to the front of the car for better balance, and adding in rear-biased AWD systems on many vehicles. Audi will have some RWD models at some point, in addition to the R8 and some rare specialty models in Europe. But they will keep their FWD/AWD base for many models for a long time to come. BTW, BMW and Mercedes will both be adding FWD models to their mix here, although their bread and butter will remain RWD/AWD.
Cadillac and Buick sales both skyrocketed last month. This seems to correlate with a greater model mix as well as new designs and updates. Those sales increases are especially noteworthy what with all the new iron from the other luxury and near luxury manufacturers, and great new models like the Cadenza and Azera from non-luxury brands--not to mention the sales gains by most other luxury brands at the same time.
Lincoln will move the needle when Ford starts devoting more of its profits to its struggling division.
I don't think Bill Ford Jr disliked the Lincoln brand. Remember that Ford inherited all those brands from Jacques Nasser. IIRC, Ford's first order of business when he took over the CEO position was to get back to basics. Nasser ignored the Ford, Lincoln and Mercury brands in order to focus on his European adoptees. But Ford was stuck with them and couldn't find a buyer.
Lincoln cars are uninspiring, perhaps as much or even more so after the last redesigns. As I mentioned before, their cars, especially, need yet another reset. The sooner, the better.
There's a parallel between Lincoln and Acura. That brand did great between the 1999-2008 model years. The TL, in particular, was excellent and a great value. It sold very well. Then Acura lost its way. We'll see whether the TLS, which is based on the Accord platform and will replace the TL, will help restore Acura to its former glory.
Sure GM is profitable. Given $50 Billion of "our" money, I could be wildly profitable as well!
They've paid $23.1B of the $49.5 billion in loans back to the Treasury. The
US Treasury owns 500M shares of GM stock. The share price has to get to $52.80 for the Treasury to recoup it's full investment WITHOUT interest. The current stock price is $36.33. Don't count on ever getting that back.
Meanwhile, Ford took nothing from us, and owes us nothing back. Cadillac is making a great product in my opinion - competitive on the world stage. I love the looks (finally), inside and out, and they perform. I would consider an XTS in White Diamonds, if the company wasn't owned by the Government (in essence). It's a good car. Most of the GM cars are getting there, after 50 years of decline, bilking the public, and miserable management. Ford's job one is to keep the company viable long term, Lincoln will play a part in that someday - but will they ever get me back? I don't know. Once you've moved overseas for Luxury cars, it's a challenge coming back, despite my affection for Lincolns of the past. It's taken me 23 years since I owned a Caddy to ever CONSIDER a new one.
I maintain my prediction - GM is only partially still on track, and still has $20BB of our dollars, interest and tax free, and won't be able to maintain this run for long = they'll be back in BK someday. Because this restructure wasn't done well.
We've got a ways to go!!
The tricky thing with "disaster management", as occurred throughout 2008--2009, is that we don't get to see what WOULD have happened.
Ford may have been nobler, but the public doesn't seem to care all that much. Ford stock is still a good buy at around 16 or so.
I'm also curious why Ford is so reluctant to put a couple of functional buttons and knobs on their dash. Young buyers may go for the gizmo's and looks, but realistically most lux and near lux buyers are older and buy those products after their kids are done with college and the house is almost paid off. I think maybe the Blue Oval still has a little bureaucracy and inability to step up to an issue they created. It can't be that expensive to fix. Ironically, reading stuff about regular Ford products seems to indicate that some of those younger buyers aren't all that keen owning My Ford and Synch either for that matter.
Acura also seems to have a rough time establishing credibility with its larger sedans. The smaller ones can do just fine with RWD architecture, just as the Lexus ES 350 does.
As I mentioned in an earlier post, I think that Lincoln's new styling direction is even a greater head wind than the FWD vs. RWD issue. In my eyes, at least, the new Lincolns earn a 4 on a scale of 1-10.
A nicely styled RWD car, maybe based on the next Mustang platform, would win approval and draw potential buyers into Lincoln showrooms. It would be a start in the right direction, which is something Lincoln desperately needs.
What I expect from Lincoln is this:
Revised MKZ - more unique styling, red label version - 375 hp AWD, black label luxury versions, green label hybrid
MKC - same as MKZ but with a smaller EB engine - 325 hp AWD
MKS - a longer, wider version of the MKZ
Navigator - totally new styling inside and out, shared F150 underpinnings with a top of the line high performance engine (maybe a supercharged 5.0?)
MKX - see MKZ including a green label hybrid version
I think there will be an Explorer sized CUV/SUV also.
The rest is speculation. They might do a C sized sedan/hatchback. There is a good chance they'll do something RWD using the Mustang platform - just not sure how quickly that will happen. But it's not the priority because the volume is in small to midsized cars, cuvs and suvs.
If they do all that and they get the dealerships upgraded with concierge service and new showrooms that deliver a Lexus like dealer experience then they'll be in great shape.
I think Cadillac will keep the XTS even when they introduce a RWD model above the CTS. Like Mercedes, Audi, and BMW, more choices in more configurations seems to translate into greater sales.
It is interesting to look at the array of models sold here by Audi, Mercedes and BMW. If you look at fueleconomy.gov where all model iterations are listed, the list for Audi is 130 vehicles long within the families of the A3, A4, A5, A6, A7, A8, R8, Q5, and Q7. That list will grow considerably next year. BMW lists 100 models sold here (many more elsewhere, and more coming here momentarily). Mercedes has 77 models for sale here, and the CLA Class is not included in their list yet.
Cadillac sells 34 models in 2013. Lincoln markets just 16.
The numbers don't lie. Lincoln can do fine with FWD based AWD, as long as they have good product in a wide array of configuations.
Investment in niche models AND a good array of more mainstream luxury vehicles has paid off for every major manufacturer who has gone that route (the XLR does not count, because it was an overpriced POS introduced when the rest of the line was not much better). It may not seem sensible to spend a fortune on a halo car or three, but for some perhaps unfathomable reason, it works.
RWD? Nearly all I talk to prefer FWD over RWD so I do not understand the diehard fascination present in this forum. Someone enlighten me, please. If not for cost factors I'd bet their next choice would be AWD.
Recently I took my Dad's F-150 Xlt 4x4 in for service. The works, plus transmission service. No dealer in that part of WI would do the normal service and insisted on the much more expensive power flush. I caught them tightening wheels with impact wrench. And a couple days later I found tires inflated to 80 psi. They noted 4 mm brake pads on front. About 1600 miles later I hear metal to the rotor and end up doing an emergency brake job on Sunday before labor day because I was leaving the day after labor day. At least, that was a shabby brake inspection. And I was shocked that none of the dealers within 50 miles had a RFB wheel balancing machine. If you don't know, that will reject tires that are poorly made as well as show problems that develop including those that develop from manufacturers defects. It won't fix bad roads but give you the best ride and handling possible from the tire, assuming all else is to spec.
Detroit needs to fix it's game.
All three US brands--Ford, GM and Chrysler--are registering serious sales gains. It is because all three are issuing better products (albeit all three still have some albatrosses in their line-ups). To a certain degree, it is also a rising sea floating all boats, but it is more than that. Quality--and dealerships--are improving with rising competition.
Lincoln is the only division among Ford, Chevrolet, Buick, GMC, Cadillac, Chrysler, Dodge, Ram, and Jeep (probably SRT division too, but I didn't check) that did not show significant sales gains last month. Lincoln has one of the oldest and least comprehensive product lines, so its lag behind all the others is not a mystery.
This is one reason Lincoln has been trying to reduce the number of dealers and get the remaining ones to really invest in a separate Lincoln showroom and staff and a much higher level of service. It's an uphill battle for sure and it won't happen overnight but at least Lincoln realizes they have to fix that to compete and they're executing on that plan. Which wasn't the case 3 years ago.
I see a pattern here.
2017 Cadillac ATS Performance Premium 3.6
Wrong - Bill actively disdained Lincoln. Always has. Starved it to death, gave it no attention at all, and it's a miracle it still exists at all. Mullaly determined that Lincoln still had brand equity if they could develop a new product line with some panache, but that takes time & money. Now, I'm not going to predict if that will ever happen - but Ford is on record, disliking Lincoln.
Once Mullaly sold off all the foreign marques, Lincoln was left to carry the Country Club torch for Ford - someday....
The history books are full of marques that produced their most magnificent products just before going out of business, because they simply had no pull in the showrooms anymore.
The hot market, once again, is SUVs. Ford has the underpinnings with the Explorer, not to mention the C-Max. Just massage the platform into a small luxury SUV/Crossover at a cheap enough entry point ($30k) and they could be off and running.
small luxury SUV/Crossover and they could be off and running
I don’t think that’s going to work. The minivan is possibly (probably?) the most practical motor vehicle ever produced. Don’t get me wrong, I’m not crazy about minivans, but you absolutely cannot beat one for practicality. When Chrysler introduced the minivan, they changed forever the very shape of the car business. YAS (Yet Another SUV) could not possibly have the same impact, on the market or on the company.
If I go to a Kia dealer, it's to see the Soul. I'm not really up on anything else they make. If I hit Toyota, it's to see a Prius. I looked at a Fit, but if I go back, it'll be to test an Odyssey. Ford? The C-Max. GM? The Equinox. Mazda? The 5 or the Miata.
I'm not going to hit a dealer for the brand in other words. I'm interested in certain cars I've read about.
SUVs are hot and Ford makes popular ones. Do a small, plush, but affordable one - Lincoln wouldn't be here now if not for the buzz the Navigator generated.
Jag is testing those waters with the C-X17 and MB is going to get a lot of showroom traffic with the GLA (the $30 CLA got tons of interest). Lexus could really make some noise if they don't tone down their LF-NX too much.
Whatever they do, give us an iconic name please. The Mark Tenner or something memorable.
Lincoln can definitely be saved if Ford would make a full effort to save it which would mean no more half- hearted attempts at making a good Ford into a prestige class Lincoln.
MKS
MKZ
MKT
Navigator
Seldom see the MKS advertised on TV or in any of the car magazines. It seems that when you want to sell something, you advertise it more than a once in a while newspaper ad.
It has been noted the MKS has been deemed by Edmunds to be a "tarted up" Taurus. So we checked out the SHO and found it to be lacking interior options such as the only interior choice was Black, but after taking it out for a demo ride, we selected the MKS with the longer guarantee plus many other standard options. Ecoboost = 26 mpg @ 75 mph with mid grade gas.
But what I REALLY underscore, is your comment that it needs an iconic name - and I've been mourning the MK mania since it was introduced on the Zephyr years ago.
I owned Navigators, 2 of them, the last two Lincolns I had. Loved them intensely, and they were far superior to the Escalade at the time. I was invited to be included in a Focus Group on naming the little brother, (which ended up being the Aviator). All participants owned Navigators at the time. The marketing firm conducting the focus group were strongly trying to steer the group toward a letter/number name. The proposed LN4.6, Navigator 4.6, and a host of alphabet soup names like MKN. Everybody in the group vociferously defended the Navigator name be maintained for their trucks, and ONLY for their trucks, and encouraged a Name name for the little brother - Aviator was eventually chosen, a great choice I thought. I was sorry to see it die, it was a nifty product, and sold quite well. I personally loved that the likeness was so good, you had to look pretty carefully to distinguish the difference.
We, in the group, could tell Lincoln was trying to join the Cadillac Alphabet soup naming trend, and we didn't like it. I would like to see some of the Lincoln legacy names considered for this new Ute - Premier, Cosmopolitan, Continental. Town Car should be resurrected on a product befitting the name. There is so much brand equity in the Town Car name, it's criminal to waste it now. Town Car became "THE CAR" in New York for livery service. It had 98% of the Limo conversion business. I understand sales dropped to an untenable low towards the end, but a large part of that was the reliabiilty of the car made them last forever. The other reason for the decline is the interiors became Taxi Cab quality, so retail sales just disappeared. It needs a new blockbuster product called the Town Car - and I believe that would go a long way toward resurrecting the Brand.
What's really amazing is that apparently the focus organizers listened to your group.
"Cosmopolitan" still works for a slick magazine, so maybe....does Mazda still own "Cosmo"
"Continental" sounds, to me, like phony rich--wannabee. Now busloads of tourists go to "the continent" (Europe).
And "Mark" is pretentious in this day and age, as if Lincoln cars have any relationship to past "marks"? They don't.
I like the name Navigator.
Cadillacs naming system is a total botch IMO. yeah, I know, some of the imports aren't any better, BUT they did it first at least.
But I agree - Town Car is dead and should remain that way.
Expecting any more from Lincoln today is like expecting a nfl expansion team to make it to the super bowl their first year. They have several years to get all the pieces in place. How many iterations and platform changes did it take Cadillac to get to where they are today? The first gen CTS, SRX, DTS, STS and XLR weren't that great either.
You forgot Roadmaster and Special.
The Panther is dead. Probably should be. Interesting to me, though, how Ford totally dominated the Livery, Taxi and Interceptor market for decades with these indestructible cars. Most of us don't know how cheaply they were sold to fleets either. Some as cheaply as $12,000 brand new! And Ford still made money on every one thanks to long ago depreciated values on the architecture. Eliminating the Panther cars opened up the market again to several manufacturers for the livery, taxi and police fleets. All offerings though, will cost more. They'll be better in many ways, but not tougher.
I like the MKS. I could be happy in one, but their price new is high for what you get. If you buy it 6 months old though, you can save $20,000, making it a good buy.
If you are a 13 YO boy who speaks Quebecois French then it is slang for self pleasure. In the rest of the French world - and in Quebec if one doesn't giggle - it means hooked stick.