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Lincoln shrinking its dealership network

Motor Authority

dealerships in 2023 and plans to cut 100 more this year in an effort to boost profitability from its retail network, Automotive News reported last week. Lincoln cut 100 U.S. This will reportedly leave Lincoln with roughly 400 U.S. dealerships by the end of 2024.

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Shell To Close 1,000 Retail Stations By 2025, Greatly Expand EV Charging Network

Carscoops

Shell, the world’s second-largest fossil fuel explorer, currently operates over 46,000 retail locations globally, predominantly gas stations. ” The company did not specify where the retail locations it shuts down are located. ” The company did not specify where the retail locations it shuts down are located. .

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Genesis taps '90%' of UK car market with expanded retail network

Autocar

Genesis has Studio spaces in Westfield London, Battersea and Edinburgh Korean premium brand appoints six retail partners nationwide as it looks to boost market share in UK Genesis is aiming to dramatically increase its visibility and market footprint in the UK with the appointment of new retail partners across England, Scotland and Wales.

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Industry collaborates through the Automotive Leadership Network

Motor Trader

Members of the automotive leaders’ organisation Automotive Fellowship International (AFI) have reformed into a new independent entity, the Automotive Leadership Network (ALN). Members of the ALN include senior leaders from retailers, manufacturers and industry associates. The network is governed by Chatham House Rules.

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Ford terminates over 50 retailer dealers at start of 2025

Motor Trader

Ford terminated more than 50 retail dealers in January as part of its restructuring of the network. Back in 2020 Ford announced that it was going to reduce its network of sales outlets in half over the next five years. Light commercial vehicle sales have been growing in importance for the network and Ford.

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DS Automobiles celebrates network at annual Prestige Awards

Motor Trader

DS Automobiles’ Prestige Awards saw retailers receive awards for Retailer of the Year, Most Improved Retailer and the Prestige Award for Marketing. DS Swansea, FRF, was named Retailer of the Year and also awarded the Prestige Award for Marketing. Wilmoths Maidstone was named Most Improved Retailer.

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Genesis Grows Dedicated Retail Network In The U.S. Separating Itself From Hyundai

Carscoops

As the luxury arm of the Hyundai Motor Group has spread its reach across the United States, Genesis has opened new retail stores in California, Missouri, Ohio, Arkansas, Texas, Florida, Georgia, Illinois, Utah, South Carolina, North Carolina, New York, and Maryland. There are 253 Genesis dealers across the U.S. in the U.S.

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