Lee iacocca quotes

Lee iacocca chrysler He introduced topics such as health care costs, and the United States' lag in developing alternative energy sources and hybrid vehicles. The "K-Car" was introduced in , generating profits and allowing for the production of new models. It was critical of the bailout for serving corporate interests ahead of supposed good business or capitalist principles. After retiring in , Iacocca attempted to enjoy three years of retirement but claimed to have been more tired during that time than in his previous 47 years of work.

Iacocca: An Autobiography

autobiography by Lee Iacocca and William Novak

Iacocca: An Autobiography is Lee Iacocca's best selling autobiography, co-authored with William Novak and originally published in Most of the book is taken up with reminiscences of Iacocca's career in the car industry, first with the Ford Motor Company, then the Chrysler Corporation.

The hugely successful autobiography was the best-selling non-fiction hardcover book of and

Summary

In part 1 of the book, Iacocca speaks of his Italian immigrant family and his experiences at school.[1] Because he couldn't join the army for World War II due to rheumatic fever as a child, he attended Lehigh University, where he completed his studies in 8 straight semesters.

He was offered a job at Ford straight out of college, but at the same time, he was offered a fellowship for a graduate degree at Princeton University. He took the fellowship with the promise of a job after leaving Princeton. In his year at Princeton, his recruiter was drafted into the war and by the time he was finished with school, no one at Ford had heard of him.

Lee iaccoca biography Wikimedia Commons has media related to Lee Iacocca. Chrysler Dodge Jeep Ram. Iacocca's compensation for the commercials was sent to his foundation. Archived from the original on January 15,

After explaining what had happened, he was given the 51st spot on the training group.

In part 2, "The Ford Story", Iacocca tells of his triumph of the Mustang and his climb to power in the company.[2] He and Henry Ford II developed a father-son relationship, and he also had developed a lasting relationship with Robert McNamara.

After becoming President of Ford, Henry Ford II began fearing that Iacocca would be after the CEO job next. He established a plot to fire Iacocca, and Iacocca was to resign from the company on October 15, , his 54th birthday.

In Part 3, "The Chrysler Story", Iacocca tells of his difficult task of saving Chrysler from bankruptcy.[3] He began a total reorganization of the company (including many layoffs) and received a US$ billion loan guarantee[4] from the government with many stipulations, including increased fuel efficiency of its vehicles and restructuring the company to be profitable.

Lee iacocca biography Retrieved January 1, Iacocca in The new model had all of the newest technologies of the time, including fully electronic fuel injection and all-digital dashboard. February 25,

On July 13, , the loan was paid back in full and Chrysler began to flourish.

The final portion of the book, titled "Straight Talk", consists of rhetoric arguing for legislation compelling Americans to wear seatbelts, the high cost of labor, the Japanese challenge, and making America great again.

References

Notes

Bibliography