Lee Iacocca

What Really Happened? Penske Drops Saturn bid; GM Says Division Doomed

Steve Parker | Posted 10.01.2009 | Business


Steve Parker

Roger Penske's failure will almost certainly result in Saturn's demise, and publicly, officially and finally ends the Roger Smith era at GM.

GM's New TV Commercials -- Do They Grab You?

Steve Parker | Posted 09.24.2009 | Business


Steve Parker

I like the fact that GM, having suffered from a terrible inferiority complex for the past 20 years (often based, in truth, on some pretty bad product) seems, at least for its latest commercial, to have gotten some guts back.

GM's "60-day Buy Back" plan - more gimmicks or smart sales move?

Steve Parker | Posted 09.13.2009 | Business


Steve Parker

Another "Hail Mary" from GM? Or the real thing? Starting today and running through November, General Motors is offering buyers of their Core Four bra...

"Clunker" Program Over, but Private Versions Sprout

Steve Parker | Posted 09.27.2009 | Business


Steve Parker

The CARS law is officially over, but dealers are offering their own versions of the "clunker" program.

Tell Bob Lutz What GM Must Do Now

Steve Parker | Posted 08.15.2009 | Business


Steve Parker

GM doesn't have the kind of partnership and help which Chrysler will be getting from Fiat and Washington is on-hand only to protect the public's huge investment in the company.

Iacocca: GM, Chrysler Need To Repay U.S. Loans Fast

AP | TOM KRISHER | Posted 07.23.2009 | Business


DETROIT — Former Chrysler CEO Lee Iacocca has some advice for the people who are running his old company, and those who will lead the new Genera...

Chrysler Bankruptcy: Lee Iacocca Losing Pension, Car

Yahoo! News | Emily Chasan | Posted 06.29.2009 | Business


NEW YORK (Reuters) -- Lee Iacocca, the car executive credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension...

Not So Fast: Don't Write Off Canada's Single-Payer Health System

Mitchell Beer | Posted 06.18.2009 | Living


Mitchell Beer

When free-market alarmists who oppose U.S. health care reform storm Congress with their horror stories about Canada's public health insurance system, I don't know which system they're talking about.

Obama: "Ich bin ein Chrysler!"

Steve Parker | Posted 05.31.2009 | Business


Steve Parker

Obama talked his usual great game of absolute confidence at the end of his announcement this morning, telling the country, "If you're going to buy a new car, buy an American car."

Paging Lee Iacocca!

Christine Pelosi | Posted 03.13.2009 | Politics


Christine Pelosi

Is there really no way to ensure a single standard for Wall Street and Main Street? Are there really no CEOs willing to serve as Lee Iacocca did?

Steve Rattner, Car Czar Candidate, Is No Lee Iacocca: Auto Analysts

Bloomberg | John Hughes and Katie Merx | Posted 02.14.2009 | Business


Jan. 14 (Bloomberg) -- Steven Rattner, who may become the U.S. car czar, would bring with him the financial savvy amassed during almost 25 years of d...

AUTO CZAR: Who Will Be The Car Czar?

The Huffington Post | Nour Akkad | Posted 01.10.2009 | Business


President Bush and the Congressional democrats have reached an agreement to send $14 million in emergency loans to the struggling auto manufacturers b...

Lee Iacocca: US Auto Execs Shouldn't Be Ousted

AP | Posted 01.09.2009 | Business


DETROIT — Lee Iacocca, the man who led Chrysler through a government bailout in the late 1970s, says the CEOs of Detroit's automakers should not...

Los Angeles Auto Show - It's a wrap!

Steve Parker | Posted 12.30.2008 | Business


Steve Parker

How anxious are the Detroit Three carmakers to make sales? My wife and I were at the Los Angeles Auto Show last night, "Black Friday," at the Los Ang...

NHTSA: Ford's Chinese Tire Troubles; Kerkorian Selling Ford; Unsafe Knock-Offs; Americans Driving Less

Steve Parker | Posted 11.21.2008 | Business


Steve Parker

There's good news, bad news and -- finally -- some smart, encouraging news by and for American drivers.

Major car-maker haps: Detroit gets their bailout, Daimler selling their last 20% of Chrysler, world's largest Chevrolet dealer group closes

Steve Parker | Posted 10.26.2008 | Business


Steve Parker

Three major events involving the world of cars, politics and finance, both in the US and abroad. First, Automotive News reports, "Automakers and supp...

Iacocca: "There's Something Wrong Philosophically With How Bush's Brain Works"

Page Six | Posted 03.28.2008 | Politics


Lee Iacocca is no fan of President Bush. "I campaigned for him because I knew his mother and dad for 30 years, and I figured he was from pretty good s...