Lee Iacocca (Lee Iacocca), the legend of the automobile industry, who created the iconic Ford Mustang and saved Chrysler from bankruptcy, has died at the age of 94.
The press Secretary of the family told us media that he died at his home in Los Angeles from complications of Parkinson’s disease.
Iacocca remembered for his appearance in the ads for Chrysler in the U.S., pointing to the audience and saying to them: “If you find a better car, buy it!”
“He played a historic role in the management of Chrysler in the crisis years. He was one of the great leaders of the company and the automotive industry as a whole. Lee gave us a way of thinking that still drives us today – work, dedication and imagination”, – said in a statement, Fiat Chrysler Automobiles.
Lee Iacocca was born in 1924 in a family of Italian immigrants in Allentown, Pennsylvania, and began his career as an engineer at Ford Motor Company in 1946. He later worked in sales. In 1964 he designed and released the Ford Mustang, which sold for 419 thousand in the first years.
He was fired by the company in 1978 after he was accused of plotting to impeach the President Henry Ford II to take his position.