Lincoln is an American luxury vehicle brand of the Ford Motor Company. Lincoln vehicles are sold mostly in North America.
The company was founded in August 1915 by Henry M. Leland, one of the founders of Cadillac (originally the Henry Ford Company). During World War I, he left Cadillac which was sold to General Motors. He formed the Lincoln Motor Company, named after Abraham Lincoln, his longtime hero, to build Liberty aircraft engines with his son Wilfred using cylinders supplied by Ford Motor Company. After the war, the company's factories were retooled to manufacture luxury automobiles. The Lincoln Motor Company was active until April 30, 1940. The following day, it became the Lincoln Division of Ford Motor Company.
Purchase by Ford
The company encountered severe financial troubles during the transition, coupled with body styling that wasn't comparable to other luxury makers, and after having produced only 150 Lincoln L-series cars in 1922, was forced into bankruptcy and sold for US$8,000,000 to the Ford Motor Company on February 4, 1922, which went to pay off some of the creditors.
The purchase of Lincoln was a personal triumph for Henry Ford, who had been forced out of his second company (after Detroit Automobile Company) by a group of investors led by Leland. Ford's company, renamed Cadillac in 1902 and purchased by rival General Motors in 1909, was Lincoln's chief competitor. Henry had previously produced luxury vehicles under the Ford name, called the Ford Model B in 1904, the Ford Model F in 1905, and the Ford Model K in 1906 but they weren't accepted by the automotive buying market. When Henry acquired Lincoln, it quickly became one of America's top selling luxury brands alongside Cadillac, Pierce-Arrow, Marmon, Peerless, Duesenberg, and Packard. Ford made no immediate change, either in the chassis or the V8 L-head engine which was rated 36.4 SAE and produced 90 bhp (67 kW; 91 PS) at 2,800 rpm. An unusual feature of this power unit was the 60 degree separation of the cylinder blocks that helped to cut down on synchronous vibration found with similar engines with 90 degree separation produced at the time. After the Ford takeover, bodywork changes and reduced prices increased sales to 5,512 vehicles from March to December 1922.
At the direction of Henry's son Edsel, in 1923 several body styles were introduced, that included two- and three-window, four door sedans and a phaeton that accommodated four passengers. They also offered a two passenger roadster and a seven passenger touring sedan and limousine, which was sold for $5,200. A sedan, limo, cabriolet and town car were also offered by coachbuilders Fleetwood, Derham and Dietrich, and a second cabriolet was offered by coachbuilder Brunn. Lincoln contracted with dozens of coachbuilders during the 1920s and early 30s to create multiple custom built vehicles, to include American, Anderson, Babcock, Holbrook, Judkins, Lang, LeBaron, Locke, Murray, Towson, and Willoughby in the 1920s. Murphy, Rollston, and Waterhouse were added in the 1930s.
Prices for the vehicles built by these coachbuilders went for as much as $7,200, and despite the limited market appeal, Lincoln sales rose about 45 percent to produce 7,875 cars and the company was operating at a profit by the end of 1923.
In 1924 large touring sedans began to be used by police departments around the country. They were known as Police Flyers, which were equipped with four wheel brakes, two years before they were introduced on private sale vehicles. These specially equipped vehicles, with bulletproof windshields measuring 7/8 of an inch thick and spot lights mounted on the ends of the windshield, also came with an automatic windshield wiper for the driver and a hand operated wiper for the front passenger. Police whistles were coupled to the exhaust system and gun racks were also fitted to these vehicles.
Optional equipment was not necessarily an issue with Lincolns sold during the 1920s, however, customers who wanted special items were accommodated. A nickel plated radiator shell could be installed for $25, varnished natural wood wheels were $15, or Rudge-Whitworth center-lock wire wheels for another $100. Disteel steel disc wheels were also available for $60. Lincoln chose not to make yearly model changes, used as a marketing tool of the time, designed to lure new customers. Lincoln customers of the time were known to purchase more than one Lincoln with different bodywork, so changing the vehicle yearly was not done to accommodate their customer base. In 1927, Lincoln attached a greyhound as the hood ornament, then in the 1930s used a coat of arms with a red cross in the center and a knights helmet at the top as the official emblem. The introduction of a coat of arms for Lincoln coincided with the introduction of a Ford coat of arms starting in the mid-1950s. The coat of arms appeared on various Lincoln models until the mid 1950s where the coat of arms evolved into the framed four pointed star that is currently in use.
In 1932, Lincoln introduced the V12-powered KB platform along side the V8 powered KA platform with an all new streamlined appearance. In 1933, Eugene T. "Bob" Gregorie, at the styling studio created by Edsel Ford, began designing the smaller Lincoln-Zephyr, which led to the first Continental, a bespoke one-off specially created for Edsel Ford, Henry's son.