fiat chrysler

Auto Industry Icon Lee Iacocca Dead at 94

Lee Iacocca, the auto industry executive and master pitchman who put the Mustang in Ford’s lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, California. He was 94.

FILE - In this Feb. 2, 1989, file photo, Chrysler Corp. Chairman Lee Iacocca gestures while speaking about fourth quarter pre-tax earnings which are up 23.8 percent for the automaker at Grand Hyatt Hotel, New York. Former Chrysler CEO Iacocca, who became a folk hero for rescuing the company in …

EPA Accuses Fiat Chrysler of Cheating on Emissions

WASHINGTON (AP) — The U.S. government accused Fiat Chrysler on Thursday of failing to disclose software in some of its pickups and SUVs with diesel engines that allows them to emit more pollution than allowed under the Clean Air Act.

The Associated Press

Tesla’s ‘Success’ a Great Example of How Regulations Manipulate Markets

The American consumer resists marketing aimed at selling them electric and hybrid vehicles. For the first quarter of 2015, according to the Wall Street Journal (WSJ), Chevrolet sold 1,874 Volts—its electric car introduced in 2010 with “high expectations.” That roughly equals the number of Silverado pick-up trucks sold in one day.

The Associated Press