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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.
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]
He ran afoul of Cadillac founder Henry Leland, who was an ardent patriot and eager to assist in the US war effort. Leland left GM and founded the Lincoln Motor Company, which received contracts to build Liberty aircraft engines. While in charge of Chevrolet, Durant created other companies, including Republic Motors, mainly to produce Chevrolet.
The Lincoln Motor Company Plant was an automotive plant at Livernois, 6200 West Warren Avenue Detroit, Michigan, later known as the Detroit Edison Warren Service Center. [1] The complex was designated a National Historic Landmark in 1978, due to its historic association with World War I Liberty engines and the Lincoln Motor Company .
After leaving the company over a dispute with William Durant over World War I production, Cadillac founder Henry Leland created the Lincoln Motor Company. Initially, the company produced Liberty V12 aircraft engines as its only source of revenue. With the war concluded, and at the age of 74, Leland decided to make the Lincoln Motor car.
Mercury was a brand of medium-priced automobiles that was produced by American manufacturer Ford Motor Company between the 1939 and 2011 motor years. Created by Edsel Ford in 1938, Mercury was established to bridge the gap between the Ford and Lincoln model lines within Ford Motor Company. From 1945 until its closure, it formed half of the ...
Company: BlackRock Title: Chairman & CEO 2024 company ranking: No. 231. Fink co-founded BlackRock in 1988 after his departure from investment bank First Boston. He and his fellow co-founders ...
All of these are named after founders, co-founders and partners of companies, unless otherwise stated. 20th ... Lincoln Motor Company – Abraham Lincoln;