Word: fiat
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Grand dreams of European unity have dimmed in recent years, buffeted by resurgent nationalism. "Integration is like a bicycle," says Walter Hallstein, the former president of the European Economic Community and one of the fervid dreamers. "You either move on or you fall off." Giovanni Agnelli, chairman of Fiat, describes the present arrangement of economic partnership without political integration in lustier Italian metaphor. "There is not yet a united Europe. As law scholars would say, the marriage among European countries was not consummated...
...worried about Mr. Giovanni Agnelli [Jan. 17] dashing here and there through a frantic 36-hour day. He'd better get rid of that Ferrari and drive a Fiat...
...drive a Fiat, and I live at a much slower pace. I spend lots of idle hours on lonely roads wondering when the tow truck will come, or sitting at the repair shop waiting for the mechanic to explain why the door handle fell off, the clutch cable snapped, and the horn doesn't work on a car that's only three months...
Eugene Paul Getty, son of Oil Billionaire J. Paul Getty, also lives in Marrakesh. Regular Moroccan visitors include Queen Fabiola of Belgium, Baron Guy de Rothschild, Barbara Hutton, Yul Brynner, David! Rockefeller, Lee Radziwill, Fiat Boss Gianni Agnelli and Author Truman Capote, who advises anyone contemplating a Moroccan trip to "have yourself vaccinated against typhoid, liquidate your bank account, and say goodbye to your friends. God knows when you will see them again...
Beyond its employees and its 100,000 stockholders, Fiat means more to its country than General Motors means to the U.S., and Agnelli is careful to run it as a public trust. "In a country the size of Italy, a company the size of Fiat has a certain pulling power, which can reflect itself in certain things that are done in the country," he says. "You see it in your contacts with the trade unions and the government, in the way the newspaper you own thinks and writes, in the town in which you live...