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Quote of the Day: Lee Iacocca


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Just going from memory, Lee Iacocca did good things for Ford. Then he got hired by Chrysler and saved their ass by getting congress to bail them out. He finally became eternally grateful to the US government for their assistance. I respect this man.

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1 hour ago, donkpow said:

Just going from memory, Lee Iacocca did good things for Ford. Then he got hired by Chrysler and saved their ass by getting congress to bail them out. He finally became eternally grateful to the US government for their assistance. I respect this man.

Lee's high point was the creation of the Mustang and the pony car concept.  His low points were the Pinto and a series of mundane Chrysler Corp offerings that while they kept Chrysler from going bankrupt, did nothing for the advancement of interesting autos.  

Getting the government to bail Chrysler out was politics, not leadership.  Just IMO

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10 minutes ago, maddmaxx said:

Lee's high point was the creation of the Mustang and the pony car concept.  His low points were the Pinto and a series of mundane Chrysler Corp offerings that while they kept Chrysler from going bankrupt, did nothing for the advancement of interesting autos.  

Getting the government to bail Chrysler out was politics, not leadership.  Just IMO

The Mustang and the K car.  Different ends of the spectrum.

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3 hours ago, maddmaxx said:

Lee's high point was the creation of the Mustang and the pony car concept.  His low points were the Pinto and a series of mundane Chrysler Corp offerings that while they kept Chrysler from going bankrupt, did nothing for the advancement of interesting autos.   

Getting the government to bail Chrysler out was politics, not leadership.  Just IMO 

It does suck to peak early.

But doesn't leadership require knowing what to do to keep the company going? Ie the bailout?  He put a heckuva a good face to a heckuva bad situation.  And he did the whole Statue of Liberty fix, too????

Tom

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