Automotive legend Lee Iacocca decided to stop by Jay Leno’s Garage to have a convo with the great automotive collector. Also during their little get together, Iacocca let Leno take his Iacocca Silver 45th Anniversary Edition Ford Mustang for a quick spin. Hit the jump to see the video. Iacocca Silver 45th Anniversary Edition Ford Mustang:
After a two-day visit with Detroit automakers, Transportation Secretary Ray LaHood said that Chrysler Group LLC’s CEO Sergio Marchionne is “the next-generation of Lee Iacocca.” “I think what I saw at Chrysler is what people felt when Iacocca was there,” LaHood said during a speech to the Detroit Economic Club. “It’s a new level of [...]
Many know Lee Iacocca as the man who saved Chrysler in the 1980s. Others know him as the man that was responsible for introducing the original Ford Mustang 45 years ago. Today, Iacocca is getting his very own personalized Iacocca Silver 45th Anniversary Edition Ford Mustang. Designed by Michael Leone and built by the Gaffoglio [...]
The man responsible for keeping Chrysler out of bankruptcy in the 1980s, Lee Iacocca, is giving Chrysler and General Motors one advice: Get the government out of your business as soon as possible. Iacocca, who used $1 billion in government loans in the 1980s to save Chrysler, told The Associated Press that government intervention in [...]
Former Chrysler CEO Lee Iacocca is leading a group of Chrysler retirees in welcoming new CEO and partner Sergio Marchionne and Fiat SpA. In a full-page ad in Detroit newspapers today, Iacocca is joined by some 19,000 Chrysler retirees in offering their help as advisers “in any capacity that you might require. As a first [...]
We already know that Lee Iacocca, the man responsible for turning around Chrysler in the 1980s, is going to lose his life-long company car due to the Auburn Hills automaker’s bankruptcy filing. Today, CEO Bob Nardelli told the U.S. bankruptcy court that Iacocca would also lose his pension since Chrysler will no longer have to [...]
It seems like Chrysler’s Chap. 11 bankruptcy is affecting Lee Iacocca more than just emotionally. Iacocca, who is famous for saving Chrysler from bankruptcy in 1980s, has apparently been asked to return his company vehicles. According to FOX Business, which obtained a letter sent to former Chrysler executives and directors, the now-bankrupt automaker is asking its [...]
Former Chrysler CEO Lee Iacocca is showing his support not only for the Big 3 but the CEO’s of all three automakers. Iacocca said he does not agree with the Congress setting conditions that ask the management to step down as a condition for getting federal loans. “You don’t change coaches in the middle of [...]
