Lee Iacocca

Last night, Lee Iacocca himself drew back the curtain hiding his 45th Anniversary Edition Ford Mustang. The pictures don't lie: this silver beast is every bit as menacing and low in the flesh as it it appears on screen.

It's been a while since we mentioned Lee Iacocca. But he is in the news once again and we feel obliged to pass along the latest chapter in this automotive icon's professional life. While one of his former employers was busy announcing a record $12 billion loss, Lee was meeting with the Nevada Gaming Commission (NGC). It seems Lido is gettin

So what would you consider the biggest automotive flop of 2006? The Chrysler Sebring? McDonald's Hummer Happy Meals? Schumacher leaving F1 without a ring for every finger? Well, Automotive News thinks it was Chrysler's refusal to face the music and scale back production. Even when faced with a huge loss and plummeting demand for SUVs and trucks.

Retired Chrysler chairman (and Snoop Dogg homey) Lee Iacocca will be releasing a book in approximately one year, tentatively titled "Where Have All the Leaders Gone?". It's said to cover several topics, among them the state of the American auto industry and the threat that the US manufacturing economy faces from China and India.