Lee Iacocca - egmCarTech

LaHood: Marchionne is “the next-generation of Lee Iacocca”

Posted: Oct 13, 2009

Filed under: Chrysler, Fiat, Industry News

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 energy [...]

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Lee Iacocca gets his own special-edition Ford Mustang

Posted: Jun 22, 2009

Filed under: Ford, Tuner Cars

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 Family [...]

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Iacocca to GM and Chrysler: Get the government out of your business ASAP

Posted: Jun 22, 2009

Filed under: Chrysler, GM, Industry News

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 [...]

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Iacocca and retirees welcome Sergio Marchionne as CEO of Chrysler Group LLC

Posted: Jun 12, 2009

Filed under: Chrysler, Fiat, Industry News

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 step, [...]

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Lee Iacocca to lose pension and company car

Posted: May 29, 2009

Filed under: Chrysler, Industry News

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 pay [...]

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Lee Iacocca asked to return his Chrysler cars under bankruptcy law

Posted: May 21, 2009

Filed under: Chrysler, Industry News

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 [...]

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Iacocca shows support for Detroit’s Big 3 CEOs

Posted: Dec 09, 2008

Filed under: Chrysler, Ford, GM, Industry News

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 a [...]