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Leland named Lincoln Motor Company after Abraham Lincoln, stating that Lincoln was the first President for whom he ever voted (1864). [ 10 ] [ 13 ] The company was financed by securing a $10 million contract to produce Liberty V12 aircraft engines ($237,818,182 in 2023 dollars [ 14 ] ) for use during World War I .
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.
Ford Credit also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles. Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years.
In 1999, architect William McDonough entered into an agreement with Ford Motor Company to redesign its 85-year-old, 1,212-acre (490 ha) Rouge River facility. [14] The roof of the 1.1-million-square-foot (100,000 m 2) Dearborn truck assembly plant was covered with more than 10 acres (4.0 ha) of sedum, a low-growing groundcover.
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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]
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