Article

2019-07-03 -Obits-

Lee Iacocca, creator of Ford Mustang and former CEO of Chrysler, has died at 94

[CBS] Lee Iacocca, who created the iconic Ford Mustang and later in his career rescued Chrysler from bankruptcy, has died, his foundation and Ford Motor Company confirmed on Tuesday. He was 94.

Iacocca's daughter told The Washington Post the cause of death was complications from Parkinson's disease.

"Lee Iacocca was truly bigger than life and he left an indelible mark on Ford, the auto industry and our country," said Ford executive chariman Bill Ford. "Lee played a central role in the creation of Mustang. On a personal note, I will always appreciate how encouraging to me at the beginning of my career. He was one of a kind and will be dearly missed."

Posted by Besoeker 2019-07-03 02:22|| || Front Page|| [11132 views ] Top

#1 Bailouts are dumb. His cocky "Chrysler is back" commercial after the first bailout says it all.

Posted by M. Murcek 2019-07-03 07:08|| 2019-07-03 07:08|| Front Page Top

#2 Unlike the Dodge Omni in the graphic, Lee had a very good run.

Posted by Besoeker 2019-07-03 07:11|| 2019-07-03 07:11|| Front Page Top

#3 There's always Elon Musk (speaking of gov't hand-outs).

Posted by DooDahMan 2019-07-03 08:33|| 2019-07-03 08:33|| Front Page Top

#4 Oh, wait. Elon is a big friend of "insty" Frank will say you are "drawing fire."

Posted by M. Murcek 2019-07-03 10:02|| 2019-07-03 10:02|| Front Page Top

#5 Lee had a very good run.

Indeed he did. And if memory serves, Chrysler paid back the government bailout loans. Ahead of time.

Posted by SteveS 2019-07-03 10:48|| 2019-07-03 10:48|| Front Page Top

#6 #4 - Suuuurrreee

Posted by Frank G 2019-07-03 11:35|| 2019-07-03 11:35|| Front Page Top

#7 @ #5 - Yes, they did, like seven years ahead of schedule. HOWEVER, the government has no business bailing out private industry (as it did for "Government Motors" not long ago).

Posted by DooDahMan 2019-07-03 19:33|| 2019-07-03 19:33|| Front Page Top

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