Word: pigozzi
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Dates: during 1960-1969
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Died. Henri Pigozzi, 66, founder and recently retired chairman of France's Simca, an Italian-born onetime Fiat salesman who set up his own factory in France in 1934, went on to become the enfant terrible of the French auto industry by taking over third place (behind Renault and Citroen) with his bargain-priced ($1,200) Aronde sedan, by forbidding his workers to join the national unions, and by merging with Ford's French subsidiary in 1954 and subsequently selling the controlling interest to Chrysler in 1963; of a heart attack; in Neuilly-sur-Seine, France...
...tomb at Medina. Says Ben Laden: "To me there are only two things in life-work and Islam." ∙Simca, France's third largest automaker (after Renault and Citroën), this week gets a new president: outspoken Georges Héreil, 53. He replaces fiery Henri Pigozzi, who founded Simca in 1934 and ruled it with an iron hand until Chrysler bought control of it this year. The former president of state-owned Sud Aviation, Héreil became a national hero for bringing out the successful Caravelle, but resigned last year after the government sharply trimmed...
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