Ford To Shake Up Lincoln-Mercury Brand - FT

NEW YORK -Dow Jones reported that the Financial Times said that Ford is preparing to reorganize its loss- making Lincoln -Mercury brand, The Financial Times reported on its Web site Wednesday.

Ford is about to transfer management control of the unit from its London -based Premier Automotive Group to its core North American operations, the report said.

The head of the Premier Automotive Group is expected to recommend the change to Ford's top management within weeks, the report said.

The Financial Times quoted a source as saying, "There are more synergies from an organizational, sales and marketing standpoint from having Lincoln and Mercury as part of the North American setup."