Mercury

Lincoln Planning Small Luxe Crossover

With the closure of Ford's Mercury brand, there is room for the company's Lincoln brand to add more models, like a small luxe crossover.

The Detroit Free Press recently reported that Ford plans to build the next Ford Escape and a Lincln crossover off the same engineering platform at its Louisville Assembly Plant. The facility is currently undergoing a major overhaul, being transformed from a the facility where the old Explorer was built, to a new flexible plant where Ford will build several vehicles based on its new small car platform that underpins the new Focus.

Along with the Focus and Grand C-Max, Ford will also use this platform to build the successor to the Escape – which is expected to take after the European Kuga (pictured) model.
The unnamed Lincoln crossover would then use the same underpinnings but with more dramatic styling and a more luxurious interior.

Tags: Ford escape, Ford kuga, Lincoln cars, Lincoln crossover, Mercury

Russia's Mercury Group Sees Slowing Sales

by Deidre Woollard (RSS feed) —

Could the Russian luxury market actually be slowing down? The managing director of Mercury, the country's biggest luxury goods group has said that sales have fallen at the popular TsUM shopping center. While most wealthy people are continuing to buy, there has been a slight slowdown and a possibility that the global gloom has finally seeped through to Russia. Mercury's stores sell many of the world's top luxury brands, everything from Gucci to Maserati cars and Chopard jewelry through the TsUM department store and other luxury shops. Overall, Mercury is still bullish on Russian spending. After all, the company did just pick up auction house Phillips de Pury in order to bring more contemporary art auctions to Moscow.

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Tags: luxury, mercury, moscow, russia, tsum