I don't know how much $5 Billion is to Lincoln, but my main concern with them is their "brand". Currently, in the area I'm in, it's not even taken very seriously. The Germans aren't letting off, and brand like Lexus & Cadillac may be playing catch up, but I feel like they are almost at that high level(talking about the brand, not the polish of individual vehicles).
I personally like the look of the latest Lincoln vehicles, but during their attempt at the crucial turnaround over the last few years, they just blew it, one after another. Navigator went from the second place to Escalade to completely irrelevant. MKS, MKT, they flopped, hard. Advertising has been mostly quiet, awkward, or poor.
I obviously don't know what it would take to re-establish Lincoln, but if it were up to me, I'd go with value. Luxury game is ultra competitive & they were unbelievably late to the game(due to their troubled finances), and they clearly has lost the war at this point. IMO, their hail mary is to somehow get the consumers back on board with Lincoln. I have no faith in Ford to come up with something superior('as good' isn't good enough at this stage in the game) to the Germans or the Japanese. Go with the Korean approach from few years ago. Build desirable cars, undercut the competition by significant margin. You have to get the people back in the showroom first. Again, IMO, once you get the Lincoln name matter again, then you can talk about competing with the pros.
P.S. As
@Pupik mentioned, Lincolns are mostly sold through Ford dealers today. I haven't seen enough upgrades to those dealers, as Pupik would surely notice the difference from his old workplace(Lexus) to
Motel 6 your local Ford Dealers. Yeah, make the cars affordable, but you still have to let the shoppers know you are serious!
P.S.S. Don't 🤬 up the new Navigator. I feel that Escalades & Navigators are in the class of their own. This vehicle can help, or hurt Lincoln brand image. All last Navigator did was put few more nails in their coffin.