Word: fiat
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...beginning of last year and replaced him with two bank veterans, Oswald Grubel and John Mack. They quickly took major write-offs to deal with festering operational troubles. The jury remains out on some of the new CEOs, including Michael Diekmann at Allianz and Giuseppe Morchio at Fiat...
...INDICATORS A Stalled Workforce Fiat workers in southern Italy ended an 11-day walkout over pay at the struggling Italian automaker. And striking Alitalia staff caused chaos at Rome airport over a cost-cutting plan aimed at rescuing the loss-making airline...
...these terms, a Lars von Trier movie is a dream-nightmare come true. And Nicole Kidman, who not only endured but also apparently savored her 17-month incarceration while making Stanley Kubrick's Eyes Wide Shut, is just the actress to see directorial fiat as a fast car worth strapping herself into. The result of this fascinating collision is Dogville, for which the notoriously kooky Danish auteur lured a distinguished cast to Scandinavia (he refuses to fly) so they could pretend to be in an American town in the 1930s...
...veteran, arrives to manage the newly named GM South Africa. GM sees the unit, which turned out only about 40,000 cars last year and claimed an 11% market share, as a springboard for growth in Africa. Socia, who previously ran worldwide purchasing, including a cost-saving partnership with Fiat, will fold the division back into GM. The company left the operation at the end of 1986 to protest apartheid, then reappeared in 1997, when it bought a 49% stake in Delta...
...imposing red-brick edifice that dominates the skyline. Nearby Liberation Avenue, Asmara's main street, features the gorgeous Art Deco Cinema Impero and Italian-style cafes where craggy old men sip cappuccinos and smoke cigarettes. My favorite Art Deco building is on the outskirts of town: the fantastic Fiat Tagliero gas station, which has long horizontal overhangs that jut out like giant wings from the central building. It's painted in subtle pink-and-green pastels and is soon to be converted into a disco and caf?. Asmara is full of such treasures. The more you walk, the more...