Son of Italian immigrants created the first Mustang
Lee Iacocca, the son of Italian immigrants who rose through the ranks at the Ford Motor Co. and created the first Mustang in 1965, has died at age 94. When he got too big for the Ford family, Iacocca was fired. He went to failing Chrysler where he saved the company by creating the K Car and turning the Jeep into a family car. Iacocca died Tuesday at his home in Bel-Air, Calif., of complications from Parkinson’s disease, his daughter Lia Iacocca Assad told the Washington Post.
