FIAT'S LAST STAND

摘要

As Italy's giant Fiat Group jettisoned four top executives in the past 15 months, one key question hung over the $58 billion Turin conglomerate: Can anyone save Fiat's crisis-plagued car unit from collapse? Members of the Agnelli family, the dynasty that founded and still controls the 104-year-old auto company, watched in horror as huge losses from the carmaker forced Fiat Group to report a record net loss in 2002 of $4.5 billion.