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LEARN MORE ABOUT Joy Falotico

Joy Falotico, CMO & Group VP

December 03, 2018

Joy Falotico

Lincoln: No change to anti-dualing policy despite Calif. dealer backlash

Lincoln says that despite backlash from a California dealer group, it plans to move forward with a policy financially penalizing some dealerships for sharing showrooms with the Ford brand. Lincoln President Joy Falotico told Automotive News last week that the brand would require dealers in the top 30 luxury markets to build standalone stores, citing research that showed 80 percent of luxury shoppers would not go into a dual luxury-mainstream dealership. Dealers also have been told by Lincoln that if they fail to comply with a requirement that Ford and Lincoln dealerships have separate names, they won't receive a co-op reimbursement from the factory, which is about $100,000 a year per dealership, the California New Car Dealers Association says. .....

December 01, 2018

Joy Falotico

Lincoln wants to hit the gas pedal on Chinese production due to tariffs

Ford wants to accelerate its plans for a local production plant in China to build Lincoln vehicles as local tariffs begin to eat into profits. Joy Falotico, head of Lincoln and Ford’s chief marketing officer, told Bloomberg in an interview published Wednesday that even a small improvement will help put the brand in a better place. Right now, Ford plans to begin local production of Lincoln vehicles in late 2019. .....