WEEK IN WHEELS / LUXURY CARS / Cadillac And Lincoln Try to Regroup ALL EDITIONS
Competing only against themselves for buyers who are literally dying off, Cadillac and Lincoln must break out of their rut and attract affluent baby boomers. "A few of us were sitting around the dealership, and we counted fifteen customers who aren't with us anymore," said a Cadillac...
Saved in:
Published in | Newsday |
---|---|
Main Author | |
Format | Newspaper Article |
Language | English |
Published |
Long Island, N.Y
Newsday LLC
28.02.1997
|
Edition | Combined editions |
Online Access | Get full text |
Cover
Loading…
Summary: | Competing only against themselves for buyers who are literally dying off, Cadillac and Lincoln must break out of their rut and attract affluent baby boomers. "A few of us were sitting around the dealership, and we counted fifteen customers who aren't with us anymore," said a Cadillac dealer, who asked not to be identified. "There's no question a lot of our customers are dying. We've got to replace them." Susan Jacobs, a top analyst of luxury-market trends, is not optimistic about the future of the divisions. Within a decade, Cadillac and Lincoln will each capture only about 100,000 sales annually, she said. |
---|