Ford's China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst ever first-half results as buyers shunned aging models that are awaiting updates and flocked to rivals.
Dealers were shown the Lincoln Corsair, along with the next-generation Ford Escape, Explorer, Mach 1 battery-electric crossover, a small off-road SUV and a Lincoln Continental with suicide doors late last month at a meeting in Orlando, according to those in the room.
In mid-2011, a rival CEO snidely suggested someone should "sprinkle holy water" on Lincoln. But instead of planning for a funeral, the brand's executives were quietly crafting a plan that would eventually lead Ford's luxury marque back to relevance.
U.S. sales of the Ford F-series were a bright spot in April, up 3.5 percent for the nameplate's 12th consecutive month of year-over-year gains. Ford's overall U.S. sales fell 4.5 percent behind lower fleet, car and utility demand