Ford Motor Co.'s plans for Lincoln may be even bigger than the company let on at its Sept. 29 investor day, when Lincoln President Kumar Galhotra announced plans to spend $2.5 billion on the brand and add two nameplates to its lineup.
An Oct. 24 Reuters report said Ford will spend $5 billion on Lincoln. Under Galhotra, an engineer by training, Lincoln will develop a flexible premium platform known internally as D6, sources told Reuters.
The platform could be used "as the mechanical base for a wide variety of sedans and crossovers starting in 2019, all designed to give Lincoln more differentiation from its Ford-branded siblings," Reuters reported.
The first D6-based models will be a midsize sedan that might replace the MKZ and a large, seven-seat crossover to replace the MKT, the report said.
Reuters also quoted sources confirming that the Navigator will be redesigned to share a version of the aluminum F-150 pickup chassis. That vehicle is due in the autumn of 2017. Lincoln has just introduced the 2015 Navigator, a freshened version of the existing steel-body model that now gets a 3.5-liter EcoBoost V-6.
Since launching the reinvention of Lincoln in 2012, the brand has introduced the MKZ sedan and MKC compact crossover. A new version of the MKX is due next year, followed by a full-size sedan in 2016.
Lincoln declined to comment on the Reuters report.