Lincoln to launch 3 locally built models in next 3 years
Automotive News China
Automotive News | 2018-11-20
Lincoln plans to roll out one locally produced model in China each year from 2019 to 2021 to win more share of the local luxury vehicle market.|
The vehicles will be designed specifically for Chinese customers, Lincoln said last week at the Guangzhou auto show.
Ford Motor Co.í»s luxury brand provided no further details on its local production plan.
But according to the government of the east China city of Hangzhou, which approved Fordí»s investment in Lincolní»s local production this year, Lincolní»s vehicles will be built at Changan Fordí»s plant in Huangzhou, and the first products to be assembled there will be the gasoline and plug-in hybrid versions of a seven-seat SUV.
Production will start in the second half of 2019, according to the city government.
Changan Ford is Fordí»s passenger vehicle joint venture with Changan Automobile Co.
At the Guangzhou auto show, Lincoln started presale of the Nautilus crossover at a starting price of 420,000 yuan ($60,510). It is the sixth product the brand has imported into China, following the MKC and MKX crossovers, Navigator SUV and MKZ and Continental sedans.
Lincoln has opened 116 dealerships in China.
In October, Lincolní»s China sales dipped 6 percent year on year to 4,753 vehicles. For the first 10 months of the year, the brandí»s local deliveries rose 3 percent to 44,369.
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