Looking to buy a Lincoln? Look outside of Rochester [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
Happy folks took over Adamson Motors. Several of us who drive Lincoln vehicles, and others I am sure, are able to get good service, including warranty work, at Rochester Ford. However, when shopping for new Lincolns, etc., we have to drive to Winona, Owatonna or Bloomington. I think a Lincoln dealer here would have a good business. — Gene Loves Lincolns. Dear Gene, The loss of the Lincoln brand at what used to be Adamson Motors and is now Happy Hyundai and Happy Chrysler, Dodge, Jeep, Ram of Rochester is no unhappy accident. According to this article in The Detroit News, Lincoln's parent company, Ford, cut about 100 Lincoln dealerships in 2023 — the Adamson dealership one of them — and plans to cut another 100 through 2024. Why? Well, Answer Man doesn't pretend to know the ins and outs of every decision in the auto industry (how come everything under the hood is unrecognizable these days?), but I'm guessing the 2% drop in sales for the luxury brand in 2023 has somethi
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F
Earnings
- 4/24/24 - Beat
F
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- F's page on the SEC website