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Author Topic: Lee Iacocca dead at 94  (Read 4555 times)

IroNat

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Lee Iacocca dead at 94
« on: July 03, 2019, 08:27:48 AM »
https://en.wikipedia.org/wiki/Lee_Iacocca

Lido Anthony "Lee" Iacocca (/ˌaɪ.əˈkoʊkə/ EYE-ə-KOH-kə; October 15, 1924 – July 2, 2019) was an American automobile executive best known for the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s, and then later for reviving the Chrysler Corporation as its CEO during the 1980s.[1] He served as President and CEO of Chrysler from 1978 and additionally as chairman from 1979, until his retirement at the end of 1992. He was the only executive in modern times to preside over the operations of two of the Big Three automakers.[2]

Iacocca authored or co-authored several books, including Iacocca: An Autobiography (with William Novak), and Where Have All the Leaders Gone? Portfolio named Iacocca the 18th-greatest American CEO of all time.











Flunking retirement...

http://archive.fortune.com/magazines/fortune/fortune_archive/1996/06/24/213779/index.htm
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Matt

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Re: Lee Iacocca dead at 94
« Reply #1 on: July 04, 2019, 03:32:40 PM »
Nice long life for the Italian.

A percentage of the Pintos exploded in rear-end collisions right?
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Chadwick The Beta

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Re: Lee Iacocca dead at 94
« Reply #2 on: July 04, 2019, 05:58:26 PM »
was he saved ?
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IroNat

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Re: Lee Iacocca dead at 94
« Reply #3 on: July 04, 2019, 06:54:31 PM »
Quote from: Matt on July 04, 2019, 03:32:40 PM
Nice long life for the Italian.

A percentage of the Pintos exploded in rear-end collisions right?

Oh heck yea.
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APE907

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Re: Lee Iacocca dead at 94
« Reply #4 on: July 04, 2019, 06:55:00 PM »
Dodge/Chrysler/Plymouth Caravan/Town & Country/Voyager and K car plus about 100 different variants based off the K platform including the “Maserati” TC....this what he is really is known for in the industry.  The involvement with the Mustang sounds sexier, but LI’s most important achievement was pulling Chrysler out of a nosedive situation in the 80s.

First of the celebrity CEOs.  Big ego.  Great salesman.  A lot of his Chrysler products left much to be desired.  Caravan was a game changer and single handedly created a new segment.
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Matt

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Re: Lee Iacocca dead at 94
« Reply #5 on: July 04, 2019, 07:21:05 PM »
Quote from: IroNat on July 04, 2019, 06:54:31 PM
Oh heck yea.

;D

You responded like that was a good thing, lol.

I fear for my health, personally.

That said, seems to me that longevity is genetic. One thing supercentenarians have in common is low caloric intake.
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milone79

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Re: Lee Iacocca dead at 94
« Reply #6 on: July 05, 2019, 05:34:38 AM »
Good riddance!!!
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GymnJuice

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Re: Lee Iacocca dead at 94
« Reply #7 on: July 05, 2019, 08:52:06 AM »
Quote from: IroNat on July 03, 2019, 08:27:48 AM
https://en.wikipedia.org/wiki/Lee_Iacocca

Lido Anthony "Lee" Iacocca (/ˌaɪ.əˈkoʊkə/ EYE-ə-KOH-kə; October 15, 1924 – July 2, 2019) was an American automobile executive best known for the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s, and then later for reviving the Chrysler Corporation as its CEO during the 1980s.[1] He served as President and CEO of Chrysler from 1978 and additionally as chairman from 1979, until his retirement at the end of 1992. He was the only executive in modern times to preside over the operations of two of the Big Three automakers.[2]

Iacocca authored or co-authored several books, including Iacocca: An Autobiography (with William Novak), and Where Have All the Leaders Gone? Portfolio named Iacocca the 18th-greatest American CEO of all time.



How much could he bench?









Flunking retirement...

http://archive.fortune.com/magazines/fortune/fortune_archive/1996/06/24/213779/index.htm
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Humble Narcissist

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Re: Lee Iacocca dead at 94
« Reply #8 on: July 05, 2019, 09:33:40 AM »
Quote from: Matt on July 04, 2019, 07:21:05 PM
;D

You responded like that was a good thing, lol.

I fear for my health, personally.

That said, seems to me that longevity is genetic. One thing supercentenarians have in common is low caloric intake.
"The fear of death is worse than death itself." Mason Storm

RIP Lee Iacocca.
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Matt

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Re: Lee Iacocca dead at 94
« Reply #9 on: July 05, 2019, 11:12:38 AM »
Quote from: Humble Narcissist on July 05, 2019, 09:33:40 AM
"The fear of death is worse than death itself." Mason Storm

RIP Lee Iacocca.

How did Mason know that?
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Humble Narcissist

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Re: Lee Iacocca dead at 94
« Reply #10 on: July 05, 2019, 11:14:55 AM »
Quote from: Matt on July 05, 2019, 11:12:38 AM
How did Mason know that?
I think he was just easing the mind of the guy he was about to kill.  Watch the movie: Hard To Kill   and see for yourself.
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Palumboism

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Re: Lee Iacocca dead at 94
« Reply #11 on: July 05, 2019, 04:16:17 PM »
Lee Iacocca is the most important person in the American automotive industry in the last forty years.

Iacocca joined Ford Motor Company in August 1946.  1960 Iacocca was named vice-president of Ford in 1960 and president in 1970.  In 1978 he was fired a Ford and took up the position of CEO of Chrysler.

Some of his important cars include:
Mustang
Maverick
Pinto
Mustang 2
Ford Fairmont
K-Car
Chrysler minivan
Dodge Ram
1992 Jeep Grand Cherokee
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Palumboism

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Re: Lee Iacocca dead at 94
« Reply #12 on: July 05, 2019, 04:17:00 PM »
Iacocca: From '56 for '56' to company president
By Ralph Kisiel

Iacocca's first big splash came in 1956, as an assistant sales manager in the Philadelphia district, when he came up with "56 for '56," a marketing program to combat flat Ford sales.

Under "56 for '56," customers made a 20 percent down payment followed by three years of monthly payments of $56 for a 1956 Ford.

The concept and the catch phrase clicked with consumers. It was so successful that his Philadelphia sales district shot from last to first place in the nation in units sold.

"I became an overnight success," Iacocca wrote in his autobiography.

Strict timetable

Iacocca kept a chart of dates on his bedside table showing when he thought he was due to reach another rung on the corporate ladder. Wyden wrote that Iacocca felt diminished when his vice presidency came 18 days after his 36th birthday, not at 35, the deadline he had set.

https://www.autonews.com/article/20030616/SUB/306160757/iacocca-from-56-for-56-to-company-president
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Palumboism

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Re: Lee Iacocca dead at 94
« Reply #13 on: July 05, 2019, 04:18:07 PM »
Lee Iacocca wanted the Pinto to weigh less than 2,000 pounds and cost less than $2,000. The Pinto product development, from conception through delivery, was completed in 25 months, when the automotive industry average was 43 months.  Iacocca ordered a rush project to build the car, and the Pinto became known internally as "Lee's car."

The Pinto was a sales hit at the time.
1970 sales 352,402
1972 sales 480,405
1973 sales 484,512
1974 sales 544,209
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Palumboism

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Re: Lee Iacocca dead at 94
« Reply #14 on: July 05, 2019, 04:19:06 PM »
In 1969, Ford began research predicting the emergence of the luxury compact segment, driven by gasoline prices.  In 1970, Ford began design work on a prototype vehicle, later becoming the production Granada.  Ford benchmarked the Mercedes-Benz 280 (W114), using it as a basis for styling and dimensions.  This makes sense, the Mercedes Benz 280 was an amazing car why not try to repicate it's size and comfort.  While not intended as a direct competitor for European luxury sedans, Ford intended for the Granada to be sold to buyers downsizing from full-size car while wanting to retain the same comfort and features.

The Granda was based on the same Falcon platform the Mustang was built on and replaced the Maverick.

It actually sold quite well.
 
Sales by year:
1975    302,658
1976    548,784
1977    390,579
1978    249,786
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Palumboism

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Re: Lee Iacocca dead at 94
« Reply #15 on: July 05, 2019, 04:20:45 PM »
 In 1973 Lee Iacocca approved development of the Fox platform.  The name Fox is derived from the Audi Fox a revolutionary car when it was launched.

1965, Volkswagen had acquired Auto Union GmbH (Audi) from its parent company Daimler-Benz.  This was a very important moment for Volkswagen because with Audi they acquired the Audi F103 platform.  Which was the basis for the Passat (Dasher in America) and the Audi 80 (Fox in America).  The Fox was launched in 1973 and the Dasher was launched in 1974.  What made these cars so revolutionary was their weight, handling, and fuel economy.  Iacocca realize Ford needed to create a new car body which was lighter.  The result was the Fox body, a car body that Ford used from 1978 to 2003.

It was used on the Mustang, Fairmont, Thunderbird, Cougar, Lincoln Mark 7, Granda, LTD, and more.


https://en.wikipedia.org/wiki/Ford_Fox_platform#Background_and_development
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IroNat

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Re: Lee Iacocca dead at 94
« Reply #16 on: July 05, 2019, 05:22:55 PM »
The Ford Maverick was advertised for sale for $1,995.



 
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AbrahamG

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Re: Lee Iacocca dead at 94
« Reply #17 on: July 05, 2019, 05:59:42 PM »
72 hours gone by and I still feel nothing.
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2ND COMING

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Re: Lee Iacocca dead at 94
« Reply #18 on: July 05, 2019, 06:40:06 PM »
RIP Big Iacocka.
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funk51

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Re: Lee Iacocca dead at 94
« Reply #19 on: July 06, 2019, 07:22:31 AM »
his uncle theodore made an everlasting impact in the lehigh valley aka allentown area. his uncle was the hot dog king yocco, which is still going strong for close to 100 years. founded in 1922. 6 stores remain.
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Desolate

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Re: Lee Iacocca dead at 94
« Reply #20 on: July 06, 2019, 10:49:05 AM »
The man had a good run and a productive life.

What more could one ask for?

RIP.
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beakdoctor

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Re: Lee Iacocca dead at 94
« Reply #21 on: July 06, 2019, 11:16:10 AM »
There was a time when people were calling for him to run for president.

Those smaller cars like the pinto, maverick, mustang II came as a result of the fuel crisis in the 70's. Some of you are old enough to remember those days when cars would be lined up around the block to get into the cheapest gas station.
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Kwon

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Re: Lee Iacocca dead at 94
« Reply #22 on: July 06, 2019, 11:22:26 AM »
WHERE HAVE ALL THE LEADERS GONE?
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Palumboism

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Re: Lee Iacocca dead at 94
« Reply #23 on: July 06, 2019, 02:55:10 PM »
Quote from: APE907 on July 04, 2019, 06:55:00 PM
Dodge/Chrysler/Plymouth Caravan/Town & Country/Voyager and K car plus about 100 different variants based off the K platform including the “Maserati” TC....this what he is really is known for in the industry.  The involvement with the Mustang sounds sexier, but LI’s most important achievement was pulling Chrysler out of a nosedive situation in the 80s.

First of the celebrity CEOs.  Big ego.  Great salesman.  A lot of his Chrysler products left much to be desired.  Caravan was a game changer and single handedly created a new segment.

You're forgetting the purchase of AMC and the Jeep brand, as well as the Dodge Ram pickup.  Jeep, Ram, and the minivan are the three pillars holding Chrysler up today and he's responsible for all three.  

Also, he was Vice president of Ford in 1960 and made President in 1970.  His career at Ford was impressive.  When you add his career at Ford to his career at Chrysler, he is the single most important person in the America Auto industry in the last forty years.
 
The single most important thing he's know for is saving Chrysler. 






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Humble Narcissist

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Re: Lee Iacocca dead at 94
« Reply #24 on: July 06, 2019, 04:29:54 PM »
Quote from: beakdoctor on July 06, 2019, 11:16:10 AM
There was a time when people were calling for him to run for president.

Those smaller cars like the pinto, maverick, mustang II came as a result of the fuel crisis in the 70's. Some of you are old enough to remember those days when cars would be lined up around the block to get into the cheapest gas station.
I do vaguely remember.  There for awhile you could only get gas 3 days a week and it went by the first letter of your last name.
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