S&P 500
7,582.20
+0.03%
Dow Jones
51,018.80
+0.58%
Nasdaq 100
30,344.40
+0.25%
Russell 2000
2,916.31
-0.54%
FTSE 100
10,378.60
-0.32%
Nikkei 225
66,231.90
+0.67%

Cars and Drivers

Lincoln US Sales Weaken as Flagship Continental Sputters

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
Lincoln US Sales Weaken as Flagship Continental Sputters

© courtesy of Ford Motor Co.

[cnxvideo id=”655237″ placement=”ros”]Ford Motor Co.’s (NYSE: F) Lincoln brand suffered a setback in March as sales dropped 1.4% to 9,554. The new flagship Continental had sales of only 963. The car was not for sale in March of last year.

Lincoln sales for the first three months of the year were up 8.7% to 27,083. Continental sales were 3,209, and the car was not for sale during the first three months of 2016.

The figures were particularly poor in light of Continental’s competition. The new Cadillac flagship CT6 sold 968 units in March, BMW sold 3,161 units of its 5 Series, Mercedes sold 4,690 of its E-Class/CLS line (which includes a sedan, coupe and crossover) and Audi sold 1,576 of its A6 model.

[nativounit]

The “all new” Lincoln Continental has been presented as a major cornerstone of a turnaround of the Lincoln Motor Company by president Kumar Galhotra. Instead, in the United States, it is one of the slowest selling cars in its category.

[wallst_email_signup]

Follow 24/7 Wall St. on Google
Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Lincoln Resorts to Incentives for New Continental
Douglas A. McIntyre |

Lincoln Resorts to Incentives for New Continental

[cnxvideo id=”625479″ placement=”ros”]The iconic Lincoln Continental, resurrected by the Ford (NYSE: F) luxury division to be its flagship was added…

Lincoln Motor Company’s US Sales Collapse
Douglas A. McIntyre |

Lincoln Motor Company’s US Sales Collapse

U.S. sales at Ford's luxury division are as bad as they have ever been. Sales across Lincoln SUVs, crossovers and…

Lincoln Suffers Crippling Loss of Sales in January
Douglas A. McIntyre |

Lincoln Suffers Crippling Loss of Sales in January

Sales of the new Navigator, which Lincoln has heavily promoted, nearly doubled. Otherwise, Lincoln sales in the United States were…

Ford’s March Car Sales Tanked
Paul Ausick |

Ford’s March Car Sales Tanked

Ford's March sales dropped 7.2% as passenger car sales tumbled by more than 25%. Even the company's top-selling F-Series pickups…

Should Ford Dump Lincoln?
Douglas A. McIntyre |

Should Ford Dump Lincoln?

Lincoln has three hurdles, each of which may be insurmountable. The experiment that separated its identify from its parent Ford…

Cadillac and Lincoln Get Hammered at the End of 2017
Douglas A. McIntyre |

Cadillac and Lincoln Get Hammered at the End of 2017

Cadillac and Lincoln may have another difficult year in 2018, if December sales results are any marker.

Ford Continues to Underperform Rivals
Douglas A. McIntyre |

Ford Continues to Underperform Rivals

Ford Motor Co. (NYSE: F) had a strong sales month domestically in March. However, it still lags it major competitors,…

Paul Ausick |

April Sales at Chrysler and Ford Report Drop Month-over-Month

ThinkstockApril U.S. sales numbers are due out from most U.S. and foreign automakers today, and it looks like it was…

Paul Ausick |

Cadillac and Lincoln Both Got Trashed

When automakers reported new car sales for March on Wednesday, U.S. luxury brands Cadillac and Lincoln got absolutely trashed.

Top Gaining Stocks

Dell Technologies
DELL • Vol: 42,366,555
NetApp
NTAP • Vol: 15,911,807
ServiceNow
NOW • Vol: 68,243,561
IBM
IBM • Vol: 28,527,546
Hewlett Packard Enterprise
HPE • Vol: 86,996,387

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Clorox
CLX • Vol: 4,744,001
ResMed
RMD • Vol: 3,526,686
Intel
INTC • Vol: 191,680,425
Skyworks Solutions
SWKS • Vol: 5,407,806