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Lee Iacocca tells it like it is to Charlie Rose

We've all taken to calling them the Big 2.5 - and I think we have ourselves to thank for that - and here's Lee Iacocca to tell us why that is. Certainly an authority on Chrysler, he has a unique and casual perspective on the company. He says he wished he had the money to buy it when it went up for sale because - get this - "... it's a good buy." According to him, comparatively, Chrysler has low production costs and if it were making small cars, it would be pulling in steady profits and building back its reputation. Of course, Iacocca isn't ... Read more →

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