Lincoln's plan to regain ‘mojo': Fewer dealers, more fluid EV strategy
After three years of declining U.S. sales, the brand’s new president says a smaller dealer network is needed to be successful.
After three years of declining U.S. sales, the brand’s new president says a smaller dealer network is needed to be successful.
Jose Muñoz, Hyundai and Genesis Motor North America CEO, said he expects the Genesis luxury brand to break the 100,000 sales barrier before 2030, and that the brand’s focus on EVs is part of what will make the lofty goal attainable.
Nissan just cut the Leaf’s monthly lease payment to $309 from $329 for 36 months.
The auto retailing giant partially offset its declines with gains in new-vehicle and after-sales revenue.
Two dealership groups expanded in new markets, a dealer added a second Honda store, and a new partnership duo acquired its first store in transactions in the last half of 2022 and second quarter of this year.