Iacocca holds back nothing in new book, Slams Bush, Daimler-Chrysler merger

Lee Iacocca has been an automotive icon for so long, it's hard to remember a time when he wasn't in the picture. He was at the apex of the Ford Mustang project, saved Chrysler from ruin, and lead the charge for the minivan. Those credentials have helped Iacocca sell some books over the years, and his new book, "Where have all the leaders gone" takes some big cuts at the leadership in the White House, and a few auto executives, too.
We haven't gotten our hands on a copy of the new book yet, but after reading the book's opening lines as quoted by the Free Press, we'll have to give those pages a turn. "We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car." Ouch.

The book also points out some things that Iacocca has done that he now probably regrets. According to the Free Press, he criticizes former Chrysler CEO Bob Eaton for not fighting for a true merger, but he also points out that he chose Eaton to be his successor in 1992. Iacocca also touches on what he thinks would happen if Chrysler was sold, saying that the company would become "a shell" of its former self.

When you've done as many great things as Lee Iacocca, you get to say just about anything you want. From what we've seen already from his new book, Iacocca is freely exercising that right.

[Source: Detroit Free Press]

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