Word: agnellis
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Italy's giant manufacturer of little cars, Fiat, has always demonstrated an ability to adapt to prevailing political and economic philosophies. Fiat's progressive president, Gianni Agnelli, supported Italy's "opening to the left," which brought Socialists into government, and he maintains an open dialogue with trade unions, including those dominated by Communists. Last week he visited Russia for a first look at the $800 million auto plant that his company is building for the Soviets. Yet back home in Turin, Fiat faces a labor crisis, fired in no small part by the activities of several hundred...
...fashionplates have unkinder words for it. "Extraordinarily ugly," said Mrs. William F. Buckley. Opined a Roman beauty: "I hate it, I'm disgusted by it, I think it's horrible" -adding sagely, "If it becomes real fashion I'll adapt myself to it." Said Mrs. Gianni Agnelli: "I only hope the designers put some slits in it." As for Charlotte Ford Niarchos: "I'll wait to see what Paris...
...fall once more. No one particularly wants a special election, but one may have to be called. If it is, the Socialists undoubtedly will lose even more votes than they lost last year. They have split and reunited too many times to be taken seriously any longer. Automaker Giovanni Agnelli, a shrewd political observer if not a disinterested one as head of the vast Fiat enterprises, calls the latest schism "the death knell of Italian Socialism." Adds Agnelli: "In the future, the Socialists can only be complementary to a government." They will still have parliamentary seats, still occupy a place...
...Agnelli first proposed a merger in 1962, on the theory that Ferrari's illustrious reputation would add luster to Fiat's line of rather unglamorous work aday cars. Officials of Ford Motor...
...contrast, things have never been better for Agnelli's Fiat (TIME cover, Jan. 17, 1969). Last year sales reached a record $2.1 billion. Agnelli spurred the trend of consolidation among European automakers by gaining effective control in 1968 of France's Citroën, which makes some of the world's most advanced mass-produced cars. In the long run, Fiat may profit more from Citroën's engineering techniques than from Ferrari's expensive elegance, but Agnelli can take pride in sustaining an incomparable piece of automotive history...