Posts Tagged ‘China leads Lincoln’s sales increase’

Lincoln Double-Digit Sales Increase in 2017 Led by China

U.S. sales were down slightly last year by 0.5%.

by on Jan.12, 2018

Lincoln opened its 100th dealership in China last year and hopes to have that number up to 125 by the end of 2018.

Lincoln’s long and winding road back to prominence appears to be leading in the right direction as the luxury brand reported its global sales increased 13% to 188,383 vehicles in 2017 compared with last year’s results.

The brand has been working diligently to resurrect its product line-up for the last three years, including a focus on sales in China, which is the new haven for luxury brands. Lincoln’s not alone in looking to make hay in China, Cadillac’s been doing it for years as has Audi, BMW and Mercedes-Benz.

Global News!

“We’re encouraged by the momentum we are seeing around the world,” said Kumar Galhotra, president, The Lincoln Motor Company, in a release. “The sales growth demonstrates consumers are recognizing the excellent products and services that Lincoln offers.” (more…)