Lee Iacocca

Lee Iacocca
Lido Anthony "Lee" Iacoccais an American automobile executive best known for spearheading the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s, and then later for reviving the Chrysler Corporation as its CEO during the 1980s. He served as President and CEO of Chrysler from 1978 and additionally as chairman from 1979, until his retirement at the end of 1992...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth15 October 1924
CityAllentown, PA
CountryUnited States of America
There are times in everyone's life when something constructive is born out of adversity... when things seem so bad that you've got to grab your fate by the shoulders and shake it.
Why is our free-enterprise system so strong?- Not because it stands still, frozen in the past, but because it has always adapted to changing realities
They've got about as many lawyers as we have sumo-wrestlers.
In the great undertakings, there is glory, even in failure.
If you own up to your mistakes, you don't suffer as much. But that's a tough lesson to learn.
Incompetency begets incompetency. The last thing a guy who isn't sure of himself wants is a guy backing him up who is sure of himself.
You know, I'm not too sure what you just said. Now everybody gets a great deal.
We at Chrysler borrow money the old fashion way. We pay it back.
People want economy and they will pay any price to get it.
Talk to people in their own language. If you do it well, they'll say, 'God, he said exactly what I was thinking.' And when they begin to respect you, they'll follow you to the death.
What is wrong with changing your mind because the facts changed? But you have to be able to say why you changed your mind and how the facts changed.
I've always found that the speed of the boss is the speed of the team.
Chrysler invented rebates, I'm sorry to say. I didn't have anything to do with that. A lot of flaky deals were made in order to give the customer enough cash for a down payment.
When future historians look back on our way of curing inflation they'll probably compare it to bloodletting in the Middle Ages.