Posted by nostra-YOUPPI! i watched him a few months ago on the news, he never asked for money from the government, just loan guarantees, and chrysler paid every cent back. He was instrumental in the aquisition of american motors civilian line and that gave chrysler Jeep,of course it gave them renault too but we wont go into that!
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Iacocca made sure that the best and brightest from AMC were put in good positions at Auburn Hills even. He made the head of R&D from AMC as the head of R&D at Mopar.
Unfortunately, I think Chrysler started to loose it when they started hiring all the Ford R&D rejects in the 90s. I've met a few retired Mopar engineers who said they were the ones noticed by DalmlerBenz management because they always had a band aid solution to everything and it so happened to be cost effective upfront. But of course, this always lead to defects or recalls down the road.
Ford engineering was big on band aid fixes to everything that came up in product development because it was the cheapest solution. Ford however did not do this with anyone working on the CVPI as well if you do, you end up with a whole lot of angry police officers
My uncle even commented on that when he worked for Visteon in R&D.