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Tag: Lee Iacocca

News & CommentaryLeave a comment

The End of the Big Three?

August 4, 2024March 20, 2025 John Berg

Stellantis, formed from the FCA and PSA merger, faces significant challenges as Chrysler and Dodge struggle to maintain their operations. With declining sales, discontinued models, and a hefty EPA fine, the company’s future is uncertain. CEO Carlos Tavares stresses profitability, suggesting potential brand closures to boost financial health. Continue reading The End of the Big Three?

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Ford Mustang Celebrates 60th Anniversary

April 17, 2024March 20, 2025 John Berg

On April 17, 1964, the Ford Mustang was unveiled at the New York World’s Fair, debuting at a base price of $2,368. It sold 22,000 units on its first day and 418,000 within the first year, prompting GM to create the Camaro, igniting a lasting rivalry in the automotive industry. Continue reading Ford Mustang Celebrates 60th Anniversary

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