Auto industry iconLido Anthony "Lee" Iacoccahas died at the age of 94, according to his assistant.
Iacocca died Tuesday morning before 8 a.m.
Iacocca joined Ford Motor Co. in 1946 and quickly climbed the ranks. By 1970, he was president, but was later fired by Henry Ford II.
After he was fired from Ford, Chrysler brought Iacocca in as CEO and he is credited with helping keep that company from failing.
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