Sources close to the Blue Oval company have revealed Ford has plans to invest no less than $5 billion in Lincoln.

Sources close to the Blue Oval company have revealed Ford has plans to invest no less than $5 billion in Lincoln.

It seems Ford is not willing to let Lincoln go down without a fight as over the next five years they will invest a whopping $5 billion. The plan was green-lighted by Ford's new CEO Mark Fields and a large part of the massive investment will go into developing a new platform which will underpin several vehicles if we were to believe sources cited by Reuters.

Ford wants to turn Lincoln into a true competitor for BMW and Mercedes-Benz with this new flexible platform called "D6" which will be engineered for a wide variety of rear-, front- and all-wheel drive models.

We should remind you that last month Ford unveiled the "2020 Vision" plan which among others referred to Lincoln tripling annual sales to about 300,000 cars by 2020. Some of the new products in the pipeline include an overhauled MKX (due next spring) as previewed by the namesake concept, an all-new full-size sedan and a next-gen Navigator said to come out in the fall of 2017 based on the Ford F-150 chassis and featuring an aluminum body.

The next generation MKC will reportedly come out fall 2018 and will be followed in 2019 by the new D6-based models. The first new cars will be replacements for the MKZ and MKT and are expected to be offered in FWD and AWD configurations.

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