1940s 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 Company. While previously operating as an autonomous entity, as a division, Lincoln structurally became similar to its major competitor Cadillac (within General Motors).
1940s 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 Company. While previously operating as an autonomous entity, as a division, Lincoln structurally became similar to its major competitor Cadillac (within General Motors).