Friday, February 25, 2011

Ford (NYSE:F) Trying to Keep Mercury Owners in Fold

Ford Motor Co. (NYSE:F) is offering some Mercury vehicle owners $500 toward the purchase of a new Ford vehicle and as much as $1,500 to buy a Lincoln as the auto maker looks to retain customers after dissolving the brand last year.

The customer loyalty incentive, which started earlier this week, runs through April 4, according to three dealers briefed on the discount. The offer is confined to the Midwest states which had been the heart of the Mercury market.

This is one of the first steps Ford has taken to reach out to Mercury customers after the auto maker stopped producing Mercury vehicles at the end of last year. The move also comes as stand-alone Lincoln dealers—those without a Ford franchise—adjust to life minus their Mercury showrooms which helped pull in shoppers.






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