Lincoln shrinking its dealership network

Lincoln cut 100 U.S. dealerships in 2023 and plans to cut 100 more this year in an effort to boost profitability from its retail network, Automotive News reported last week. This will reportedly leave Lincoln with roughly 400 U.S. dealerships by the end of 2024. That’s about 40% fewer than in 2021, but still more than most other luxury brands…