Word: fiat
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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...
Invasion from Outside. The Maoists' guerrilla warfare could hardly have come at a worse time for Fiat. So far this year, work stoppages have cost the company more than 2.25 million man-hours. Of those, 1.5 million hours were lost in walkouts called by unions to prod the government, not Fiat, into improving housing and transportation and reducing taxes and inflation. Another 250,000 hours were wasted in unofficial strikes led by the Maoists. Result: Fiat has had to scale down this year's production target from 1.8 million vehicles to 1.55 million, and it has a backlog...
...from the White House." President Nixon's ordering of U.S. troops into Cambodia, it contended, "was in disregard of the Constitution, the tempering strictures of our history, and the principles of the American democracy. It was, therefore, an act of usurpation." Other strictures: "He made war by fiat . . . Our democracy is not an elective dictatorship . . . The President has now declared himself superior to the people, to the legislature, and to the laws...
...Power to the Soviets" and were massacred by troops sent by Lenin and commanded by Trotsky? Who shifted the practice of the Third International from prompting international revolution to defending the national interests of the Soviet government and attempting to change the course of other revolutionary movements by executive fiat and autocratic purge...
...some areas, Soviet leaders have frankly admitted their inability to keep pace with needs and have asked for outside help. Nearly four years ago, they enlisted Italy's Fiat to build a vast, $800 million automobile plant at Togliatti in the Caucasus. Production, delayed by material shortages, is scheduled to begin in July, but Moscow hopes eventually to get 660,000 cars a year from the plant. Last week Henry Ford II announced that the Soviet Union had invited Ford Motor Co. to participate in the construction of a mammoth truck-building plant at Naberezhnye Chelny, east of Kazan...