JUST IN: Auto industry icon Lee Iacocca is dead at 94.
Lido Anthony Iacocca, the automobile industry legend best known as “Lee,” has died at the age of 94.A child of Italian immigrants who grow up in humble conditions, Iacocca became one of the most powerful — and best known — executives in Detroit.After being fired in a dispute with company heir Henry Ford II, Iacocca joined the then-struggling Chrysler.
Iacocca became famous not only as Chrysler’s chairman and CEO but its TV pitchman, where he made famous the tag line, “If you can find a better car, buy it.”
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