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Icon Of Auto Industry, Father Of Mustang and Minivan, Lee Iacocca Dies At 94

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Chrysler Corp. Chairman Lee Iacocca, pictured in February 1989, died Tuesday at the age of 94. Under his leadership he brought Chrysler back from the brink of bankruptcy. He is also considered the father of the Mustang, which he helped develop during his stint at Ford.

Iacocca was a top executive at two of America's largest car companies — Ford and Chrysler — for decades. He helped develop the Mustang and later rescued Chrysler from near-bankruptcy.

(Image credit: Mario Cabrera/AP)


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