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LeftlanenewsMullaly claims Mercury is "doing well"
At a press event held yesterday, Ford CEO, Alan Mulally, said the automaker has no plans to phase out its struggling Mercury division. Rumors of the brand's demise have begun to circle due to a lack of products in Mercury's pipeline. The only known future product for Mercury is a hybrid version of its Milan sedan, due out in August 2008.
When asked if Mercury had a future, Mulally responded by saying; “Absolutely. It’s doing well. We’ve got a great set of products in Mercury. It’s a very nice complement to the Ford products. And so we have a good lineup in Ford, Lincoln and Mercury.”
Despite Mulally's optimistic view of Mercury, the brand has seen a sharp decrease in sales. Mercury sold 180,848 vehicles in 2006 — the division's lowest total since 1960 — and was 11% off that pace through the first nine months of 2007.
Ford's Lincoln division has faired much better and has actually seen sales growth in every month this year. Through September 2007, sales were 11% higher than the same period last year.
Although Mulally failed to comment on the subject, many believe that rebadging Ford's European cars — which are widely regarded to have more style and greater quality than Ford's U.S. offerings — as Mercury vehicles could bolster sales. General Motors has seen great success with this strategy — many new Saturns are rebadged models from GM's European Opel division — and could serve as a blueprint for future Mercury vehicles.
Linky.
One thing that I haven't thought of that would be awesome:
Can you say Mercury Mondeo? What about a Mercury Kuga (I'm sure people would buy it for the name alone)? Or a Mercury...Fusion...Well, maybe that wouldn't work, but still. They could rename it, or even better, not (that would actually be pretty cool, I think, to have two completely different cars share a name and a global parent).many believe that rebadging Ford's European cars — which are widely regarded to have more style and greater quality than Ford's U.S. offerings — as Mercury vehicles could bolster sales