Earlier today, we reported that Ford has asked its Lincoln dealers to spend at least $1 million to renovate showrooms within the next two years.
For those dealers that do not invest in renovations, Ford will take back their franchises in exchange for compensations.
Those who choose to continue selling Lincolns must start remodeling by the end of this year and must be finished by the end of 2013, Ford told dealers. That’s when Ford plans on launched the redesigned Lincoln MKZ along with a new small crossover based on the Ford Focus platform, a dealer who attended a recent meeting said.
– By: Omar Rana
Source: Automotive News