There ought to be more scrupulous honesty in big business men than in any other human beings. For big business requires teamwork on a gigantic scale. Lincoln or the Lincoln Motor Company is the division of the Ford Motor Company. The path to success for the brand Lincoln was no small thing. The Ford Company sells luxury cars under the name, Lincoln. The Lincoln Motor Company was founded in the year 1917 by Henry M. Leland. It has been the subsidiary of the Ford Company since the year 1922. Henry Leland was the former manager of the General Motors, Cadillac division. Wilfred Leland, the son of Henry Leland formed the Lincoln Company. The Lincoln Company was named after Abraham Lincoln, former President of United States. Leland’s considered Abraham Lincoln to be his idol and also cast a vote for him in the year 1864.
The first source of income for the Lincoln Company was the assembling of aircraft engines by Liberty using the Ford Motor Company’s cylinders. This was for the World War II contracts. General Motors purchased the Cadillac division of the Leland Company in the year 1909. After the Second World War, the factories of the Leland Company were redesigned to manufacture the luxury cars. The Ford Motor Company purchased the Lincoln Company in the year 1922, but Lincoln continued its separate operations until the year 1940. The Lincoln Company suffered many financial crises in the 1920s. This was a tough time for the Leland’s. Lincoln got bankrupt shortly as they produced only 150 Lincoln L-series cars. The company had to give $8,000,000 to the Ford Company in the year 1922.