Lee Iacocca Dies at 94 Years Old

The man who once famously saved Chrysler from bankruptcy has died.

Lee Iacocca broke through in the Michigan auto industry by helping launch the Ford Mustang in the 1960s.

He went on to become the head of Chrysler as it struggled in the 1980s.

Iacocca even became the face of the company in its commercials.

Lee Iacocca was 94 years old.