Lincoln Model L 1923 Sport Phaeton 123 by American
|
Ražotājs : |
Lincoln |
|---|---|
|
Modelis: |
Model L 1923 Sport Phaeton 123 by American |
|
Gads: |
1917-1930 |
|
Tips: |
Phaeton |
In financial trouble, Leland sold the company to Henry Ford in 1922 for $8 million, the amount determined by the judge presiding over the receivership Arthur J. Tuttle. Henry Leland valued the company at over $16 million. After a few months, Ford got rid of the Lelands and had his son, Edsel Ford, design a new body for the L-series. Edsel became President and Ernest C. Kanzler General Manager. Under Ford, the L-series was a robust car. In the first year, hydraulic shock absorbers were added. Edsel and Kanzler implemented production economies, trimming manufacturing costs by about $1000 per car.
