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Former Chrysler CEO Lee Iacocca has died at age 94

Jul 3, 2019
In his 32-year career at Ford and then Chrysler, Iacocca helped launch some of Detroit’s best-selling and most significant vehicles, including the minivan, the Chrysler K-cars and the Ford Escort.
Lee Iacocca, Founding Chairman of The Statue of Liberty-Ellis Island Foundation, Inc., speaks during the 2004 Ellis Island Family Heritage Awards April 21, 2004 at the Ellis Island Museum in New York City.
Paul Hawthorne/Getty Images

Longer loans allow consumers to stretch their budgets

Sep 14, 2012
Six and seven-year car loans are increasingly popular, though they come at a higher price over the long term.