(FILES) In this file photo taken on April 13, 2011 business icon Lee Iacocca speaks after he receive honors at the Ellis Island Family Heritage Awards at the Ellis Island Immigration Museum at the Great Hall on Ellis Island in New York. - Lee Iacocca, the automobile industry executive who helped launch the Mustang at Ford and save Chrysler from bankruptcy, and a successful salesmen, died July 2 at his home in the Bel-Air area of Los Angeles, said his daughter Lia Iacocca Assad. He was 94. (Photo by TIMOTHY A. CLARY / AFP)