DETROIT — Lincoln Motor Co. expects a continued winnowing of its dealer network in the coming years as it pivots to electric vehicles, but the brand has no plans to offer a formal buyout program like some of its rivals.
Lincoln President Joy Falotico said in an interview Wednesday she expects the luxury make will end 2022 with under 600 retailers, down from the 685 it had as of the latest Automotive News dealer census. About five years ago, Falotico said, Lincoln had more than 1,000.
"I think there's opportunities for us to continue to consolidate the network, but it will be in a voluntary situation," she told Automotive News on the sidelines of the Detroit auto show.