Lincoln Motor Company
The Lincoln Motor Company was founded in August 1917 by Henry Leland and his son Wilfred. Among the founders of Cadillac, Leland had sold the company to General Motors in 1909, remaining on as an executive until 1917, when he left over a dispute with GM President William Durant. Naming Lincoln Motor Company after Abraham Lincoln, the first President for whom he ever voted (1864), Leland financed the company by securing a $10 million contract to build Liberty V12 aircraft engines, breaking ground on the Lincoln Motor Company Plant. To build the Liberty engines, Lincoln sourced parts from other manufacturers; along with cylinders produced by Ford, other parts were sourced from Buick, Cadillac, Marmon, and Packard. In total, 6,500 Liberty V12 engines were produced by Lincoln before the end of World War I ceased wartime production.
Lincoln Motor Company
Following the Great Depression, a number of American luxury car manufacturers were either forced into closure or reorganization; by 1940, alongside Lincoln, the American luxury-car segment largely consisted of Cadillac (who ended production of the LaSalle and V16 in 1940), the Chrysler Imperial (reduced to 8-passenger sedans and limousines), and Packard. To further secure the future for Lincoln, on April 30, 1940, Ford Motor Company reorganized Lincoln Motor Company as the Lincoln Division of Ford Motor Motor Company. While previously operating as an autonomous entity, as a division, Lincoln structurally became similar to its major competitor Cadillac (within General Motors).