Search results
Results from the WOW.Com Content Network
The Lincoln Motor Company was founded in August 1917 by Henry Leland and his son Wilfred. Among the founders of Cadillac, Leland had sold Cadillac to General Motors in 1909; staying on as an executive, he left in 1917 over a dispute with GM President William Durant regarding war production.
A remnant of the Lincoln Plant Complex: A Building on Warren in 2010. In 1922, Henry Ford purchased the company for $8,000,000, [5] turning the Lincoln into Ford Motor Company's luxury brand. [3] Leland retained his management post after the sale, but the strong-willed Leland and Ford immediately clashed, and Leland resigned after a few months. [2]
The Henry Ford II World Center, also commonly known as the Ford World Headquarters and popularly known as the Glass House, [1] [2] is the administrative headquarters for Ford Motor Company, a 12-story, glass-faced office building [3] designed to accommodate a staff of approximately 3,000.
In 1922, Lincoln became insolvent and was bought out by Henry Ford's Ford Motor Company. Ford's bid of $8 million was the only bid at a receivers sale. Ford had first offered $5 million, but the judge would not accept it for a well-equipped company whose assets were conservatively estimated at $16 million. [12]
Ford's luxury car division, Lincoln, was part of the Premier Auto Group in the late 1990s, but was pulled out in 2002 as part of Ford's marketing strategy to separate its "import" marques from its domestic ones. During the creation of PAG, Lincoln's line-up received a complete overhaul, beginning with the 1998 redesign of the Lincoln Town Car.
Production of the Lincoln LS ended in early April 2006 [5] and production of the Ford GT stopped on September 21, [6] leaving the Town Car as the plant's final Ford Motor Company product. Wixom was the most profitable plant in the industry during the 1980s when Cadillac downsized its lineup and lost ground to Lincoln.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Ford Motor Credit Company LLC, d/b/a Ford Credit, is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan. The predominant share of Ford Credit's business consists of financing Ford and Lincoln vehicles and supporting Ford and Lincoln dealers. Specifically, its business activities are concentrated in the ...