Ford Motor Company

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 …