Lincoln was in a bad way at the turn of the Sixties, both financially and in terms of its product. The company lost hundreds of millions (adjusted) in the early and middle portion of the decade, when it invested in and then promptly canceled the Continental Division. Attempting a rebound, Lincoln dumped lots more cash into a new unibody platform that was exclusive to Lincoln models.
The new lineup was on sale from 1958 to 1960 and was unfortunately introduced at the start of a sharp economic recession. However, even after the recession ended Lincoln’s gaudy and overworked styling caused customers to steer clear of Lincoln and purchase Cadillacs instead. Lincoln lost $60 million ($550 million adj.) more.
1961 heralded the arrival of an all-Continental lineup, the Elwood Engel design that was instantly popular and saved the company. However, the new and streamlined (in all ways) Lincoln lineup spared no room for a Continental Mark series. The Mark slumbered until 1968.
We resume our Mark series coverage in the 1960 model year, which happened to be a last-of for several reasons. It was the last of the unibody Lincoln lineup that debuted in 1958, the Continental Mark line of models, and for Lincoln’s model naming scheme as a whole. We covered the visual edits in our last entry; a return to some of the garishness of 1958 that Elwood Engel tried to tone down in 1959. With the additional gingerbread hanging off of every possible surface of the Mark V Continentals for 1960, the lineup grew larger in every direction and heavier than ever before.
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