Transportation Secretary Ray LaHood visited all three Detroit automakers yesterday and today and said that Chrysler Group CEO Sergio Marchionne is “the next generation of Lee Iacocca.” I guess he was impressed by what he saw and the attitude and energy of the people behind Marchionne. This is what Chrysler needed. LaHood said “It's a new level of energy and enthusiasm because there's new leadership of people that know what they're doing, of people that have been successful in the automobile manufacturing business.”
I can't wait for the 5 year plan to be unveiled in November.
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