Former Chrysler chairman Lee Iacocca has bought the company's first hybrid, according to The Oakland Press. The paper reported that Steve Landry, Chrysler LLC executive vice president of sales, had just recently delivered a 2009 Chrysler Aspen hybrid to Iacocca at his Southern California home.

"Iacocca had said in his recent book on leadership that the U.S. has to find ways to reduce its dependence on foreign oil through new technology," the article said. "Before he retired in 1992, Iacocca was instrumental in pushing the auto industry into equipping cars with air bags." The Aspen hybrid is equipped with a new two-mode system developed jointly by Chrysler, General Motors Corp., BMW and Daimler AG at the development center the four-companies share in Troy, according to the report.