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Lee Iacocca (RIP)

Old 07-03-19, 08:55 AM
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wgscott
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Lee Iacocca (RIP)

100 million dollars of investment money quickly turned into vapor when Lee Iacocca (former CEO of Chrysler) started an ebike company, and began selling heavy lead-acid powered bikes with Heinzman hub motors. These bikes made it to market in the early 2000’s but there was not much demand. Because they were lead-acid they were heavy, cumbersome, and short ranged. They came in a full sized and a nifty folding version.

The most notable thing this company did was they made popular the term “Ebike” which was the name of the company.

It is rumored that the final straw is when the company started offering the electric bikes with not-ready-for-prime-time lithium batteries and burned down a few garages.
Link: https://www.electricbike.com/ebike-graveyard/

Also credited with the Minivan, Mustang, and Chrysler government bailout.

https://www.nytimes.com/2019/07/02/o...occa-dead.html
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Old 07-03-19, 05:36 PM
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Also: https://arstechnica.com/cars/2019/07...ng-dies-at-94/
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Old 07-03-19, 06:42 PM
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Impressive guy, very smart, tons of accomplishments. That said, SNL's Phil Hartman did a hilarious impersonation of him back in the early 90's.

Watch Lee Iacocca Sketches From SNL Played By Phil Hartman - NBC.com
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Old 07-03-19, 07:36 PM
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He was certainly a major force. I didn't know about the e-bike foray.
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Old 07-04-19, 06:34 AM
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had some good times in my front wheel drive Chevy Citation 4 door hatchback w transverse 6 cyl engine. got a consistent & reliable 28 mpg on highway trips. even got her up to 130 mph on a measured mile early one morning by mistake. oops. I did total that car & replaced with w/ another
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Old 07-17-19, 09:26 PM
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Very interesting. Thanks for posting.
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