Cars and Drivers

Lincoln's Weak Brand Launches New SUV Into an Overcrowded Market

courtesy of Ford Motor Co.

Ford Motor Co.’s (NYSE: F) Lincoln luxury brand has launched a new midsize sport utility vehicle (SUV) into an already crowded market. Granted, sales in this segment of the auto industry have been strong. However, Lincoln is late and sales of its new models rely on a crippled brand.

The 2019 Lincoln Nautilus has almost nothing that more successful luxury car brands don’t have on similar vehicles. Lincoln’s primary promotion of the SUV is based on the fact that it has Lincoln’s “signature grill,” which does not seem to have helped sales of its other models. Its seats are supposedly comfortable, adjustable 22 ways, leather trimmed, heated and ventilated. These are features almost every other luxury SUV already has. The Nautilus has wireless charging for smartphones. And among its most prosaic features:

As part of available Adaptive Cruise Control technology, Lane Centering monitors road lane markings and uses the steering system and instrument display to alert you when you’ve unintentionally drifted out of your lane.

Even many nonluxury cars have the same features.

The Nautilus is available with a 13- or 19-speaker Revel sound system, presumably at an additional price. And, finally, the Nautilus has lots of cargo space.

Lincoln’s U.S. sales continue to be behind those of Cadillac, Audi, Lexus, Mercedes and BMW. Lincoln’s volume is not even close to the German and Japanese makers. It has been an “also ran” in the category for years.

Lincoln’s U.S. sales through the first 10 months were 91,631, up 2.4% year over year. Sales in October were 8,909, down 1.8%. Its only model with an impressive sales history is the Continental, a large four-door sedan

Lincoln can bring more and more new models to market. The evidence is that few people want them. Will the Nautilus bring a surge of new buyers into Lincoln dealers and boost the brand’s sales numbers? Almost certainly not.

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.