On the back of falling sales and a model run that has lasted more than nine years, Chrysler decided back in January to end production of the PT Cruiser by the middle of this year. The retro-styled wagon will live on for at least another year, however, as newly appointed Chrysler CEO Sergio Marchionne appears to be a fan.
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Lee Iacocca, the former chairman and CEO of Chrysler Corp. whose name is synonymous with the Auburn Hills carmaker, wants Italian management to know he approves of the new Chrysler Group LLC.

Iacocca’s endorsement prompted him to become honorary chairman of the National Chrysler Retirement Association and to co-author a welcome letter to Sergio Marchionne, the Fiat SpA CEO who is now running Chrysler as well.
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Chrysler Group LLC employees on Wednesday officially met the new boss — and he’s not like the old boss — nor does he intend to run the automaker the same way.
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