ITALY: Fiat determined to remain independent - Chairman
Honorary Fiat Chairman Giovanni Agnelli says that he is still determined to maintain the independence of the century-old motor company, writes the UK's Financial Times (23/11/00). According to the newspaper, speculation has resurfaced that Fiat is for sale with the death of Mr Agnelli's 46-year-old son Edoardo last week alongside the company's alliance with General Motors. In an interview with the FT however, 79-year-old Mr Agnelli insisted that this alliance was designed only to return Fiat's car operations to the US.
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