“U.S. made luxury cars have become all but extinct, as buyers have deserted the iconic U.S. brands for foreign models from Mercedes-Benz, BMW, Lexus and others. We noted earlier today that the General Motors Co. (NYSE: GM) Cadillac is unlikely to succeed with its turnaround effort. How much more unlikely, then, is the effort that Ford Motor Co. (NYSE: F) plans to announce today for its luxury Lincoln model.”
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