ford plans new models in 1b effort
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Ford plans new models in $1b effort

Arab Today, arab today

Arab Today, arab today Ford plans new models in $1b effort

Washington - Aarabstoday

US auto giant Ford is investing $1 billion (Dh3.67 billion) to relaunch its struggling luxury Lincoln brand, in decline for a decade, the Wall Street Journal reported yesterday. As part of the effort Ford will back seven new or significantly upgraded models for Lincoln in the next four years, the Journal said, citing auto dealers briefed by Ford over the plans. "We are fully committed to making Lincoln a world-class luxury brand with compelling vehicles and an exceptional consumer experience to match," said a Lincoln spokesman, Timothy Elliott, cited by the Journal. Lincoln had once been one of America's top-selling luxury car brands, but as Ford has offered mostly upgraded versions of the same models it sells under the Ford name, it has seen a marked decline since the beginning of the century; its sales in the United States fell to 85,000 in 2010, the Journal said, with the company predicting a sale of 78,000 vehicles this year, but a projected climb to 162,000 units sold in 2015. The brand, acquired by Ford in 1922, has also suffered in recent years from an influx of foreign luxury offerings from Japan Toyota's Lexus, Nissan's Infiniti and Germany BMW, Porsche. From / Gulf News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ford plans new models in 1b effort ford plans new models in 1b effort

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ford plans new models in 1b effort ford plans new models in 1b effort

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday