Final answer:
Lee Iacocca is known as the father of the Ford Mustang and the Chrysler Minivan, and for saving Chrysler as its CEO.
Step-by-step explanation:
The individual recognized as the father of the Ford Mustang and the Chrysler Minivan, as well as a former CEO of Chrysler who is credited with saving the company from collapse, is Lee Iacocca. He is well-known for his influential role in the automotive industry and for his bold statement, "If you can find a better car, buy it."
While the provided information discusses Henry Ford's contribution to the automotive industry through the establishment of Ford Motor Company and advancement of the assembly line, the question refers to Lee Iacocca, who made significant impacts at both Ford and Chrysler later in the 20th century.