1966 Lincoln Continental Coupe 462 V8 Custom Power Sunroof Leather Interior Nice on 2040-cars
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Ford CEO Jim Hackett reviewing the future of technology, Lincoln, overseas markets
Mon, Jul 31 2017By Paul Lienert and Joseph White Ford Chief Executive Jim Hackett is reviewing the automaker's operations in India and other markets, as well as Ford's future product programs including plans to build a self-driving commercial vehicle in 2021. Hackett, who took over as CEO in May, has told investors he is working on a 100-day review of Ford's operations but has so far provided few details of the process, except to indicate that it is looking at the automakers' luxury vehicle strategy, the future of its small vehicles and investments in emerging markets. Ford Chief Financial Officer Bob Shanks told Reuters in an interview that the review covers a range of issues, including Ford's strategy for India. "We have a lot of work to do (as) we address issues of how to fix India," Shanks said. "Everything is on the table." General Motors in May said it would stop selling cars in India but continue to produce vehicles there for export. Shanks said no decisions have been made and noted that Ford has a larger business in India than GM did. "We are very cognizant that will be the third-largest market in the world," he said. "Some big decisions will be made," Shanks said, but he cautioned Ford may not disclose all those decisions at the end of the 100-day review. Hackett is addressing challenges that have contributed to a nearly 8 percent decline in Ford's share price this year. The review of the Lincoln luxury brand includes whether current plans will meet former CEO Mark Fields' ambitious targets for growth and revenue, people familiar with the process said. Ford has set a target of putting a self-driving shuttle into commercial ride-sharing fleets by 2021. Hackett is reviewing the investment and timing for that project, the sources said. Hackett also assessing whether to reduce and consolidate production of models such as the Fiesta subcompact and two midsized sedans that are built in multiple locations around the world, but are experiencing slowing demand. One proposal would shift production of the next-generation Mondeo midsized sedan from Europe to Mexico, where it would share an assembly line with its sibling, the Ford Fusion, avoiding the cost of retooling two plants. Shortly after he took charge, Hackett approved a proposal to shift production of the next-generation Focus for North America from Mexico to China, saving the company an estimated $500 million by consolidating two factories into one.
Lincoln Chauffeur service will drive you around and do your shopping
Wed, Apr 12 2017Lincoln is launching a unique service in Miami this year called Lincoln Chauffeur, and it does exactly what you'd expect. Any Lincoln owner can request someone via an app to come to their house and drive him or her wherever they'd like. That driver will then drive the car back. Lincoln pointed out this will allow other household members to use the car, and even helps avoid having to pay for parking when going to the airport. A representative said that a driver could be sent to a bar or restaurant to pick up a car left in favor of a cab after drinking. In addition to driving you to a location, the driver can also go and fill up your Lincoln with fuel and run other errands. Need some groceries? Your Lincoln driver can do that. And the Lincoln drivers are employed and vetted by Lincoln. If you find a driver you like, you can also request that person and Lincoln will try to accommodate your request. The service is currently in the pilot stage and only available in Miami. The next city that will get access to the service is San Diego. However, the plan is to continue expanding. It's also available for all Lincoln owners, new and old, not just members of Lincoln Black Label. Buyers of any new Lincoln will be given the equivalent of eight hours free in the service. This is a significant perk, since Lincoln said the estimated cost is $30 per hour of use at the current pilot pricing. Related Video:
Lincoln Continental with suicide doors sold out, but Lincoln will make more
Mon, Jan 21 2019The Lincoln Continental Coach Door Edition was announced just late last year, but now we have news that it's coming back for a second run of cars. All 80 initially planned have been allocated at this point. Lincoln wouldn't give an exact final price, but says it's somewhere north of $110,000. A fully-loaded Black Label car goes for a bit over $70,000, so it appears to be about a $40,000 premium for the Coach Door Edition. We're told that customers will be notified about their success at grabbing one in February, with shipments commencing over summer. Lincoln originally decided to build 80 of these because it's officially called the "80th Anniversary" car. Now that there will be a second year of production, we reached out to see if Lincoln will continue to produce the same number, or switch it up. Judging by the internet's excitement about this expensive sedan, there's a lot of interest in it. If you missed the reveal the first time around, you can read our full breakdown. To be succinct, it's a normal Black Label Continental that's been stretched by six inches and had suicide doors fitted to it. Sweet. There's also a full flow-through center console for the two rear passengers. Lincoln contracted Cabot Coach Builders to manufacture it; the two have worked together in the past. It's great to see Lincoln will be building more of these flagship-type sedans for the world. One could even make the argument that every new Continental screwed together should look like this, for history's sake. Related video: