Word: fiat
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...room and dragged it past the potted plants in the corridor to the elevator. "Let me help you," said a carabinieri guard who was posted in the corridor, and the two rolled the valise onto the elevator. Downstairs the woman wheeled the suitcase up to a new red Fiat 132 parked near the door of the building and loaded it into the trunk. She asked the guard on duty at the gate to mail a letter for her and then drove...
...Mart. And profit they do. All the used cars fetch higher prices than the sticker cost of a new car. Buyers in tailored overcoats roam among the aging Fiats, Opels, Czech Skodas and Polish Warszawas, checking out the odometers and the prices, which are listed on hand-lettered signs stuck behind the windshield. On a recent Sunday, for example, one man was trying to sell his 1977 Lada (a Soviet-built Fiat), with 6,000 kilometers on the clock, for $11,000; new-when available-the car sells for $5,570. "It's crazy," said one visitor...
...penalty could hardly quarrel with that assertion, but historians might fault Grant's chronology. It was more than 23 centuries ago that Plato recounted how the cold began in the feet, moved up the legs and finally enveloped Socrates, who had drunk the hemlock administered to him by fiat of the democracy of Athens...
...possible clue is the renewed popularity of imported cars, which took 20% of the U.S. market in April. Foreign car makers are far ahead of Detroit in the technology of fuel saving and weight reduction. For example, front-wheel-drive systems already are standard equipment on many Volkswagen, Audi, Fiat and Honda subcompacts. Thus, if the nation's consumers do not like the new cars that Detroit produces, they will have somewhere...
...separate story, "Carter's Program: Will it Work?" With the help of academic and industrial sources plus the expertise he has acquired in two decades of political and economic reporting, Associate Editor David Tinnin analyzes the plan. His essential criticism: the program relies almost entirely on federal fiat and tax incentives, cutting out the private sector and individual initiative. Following Tinnin's story, the views of TIME'S Board of Economists are summarized by Associate Editor James Grant. TIME will continue to expend its own energy in the weeks and months to come as the nation...