President Obama said the agreement with Fiat will give Chrysler a new lease on life.

VOA: standard.2009.04.30

Chief among these was a state planning apparatus that attempted to manage, by fiat, virtually every facet of economic life.

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Fiat, for example, owes its life to Brazil.

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An Italian who has worked in America most of his life and been on the Fiat board for a couple of years, Mr Fresco was drafted in by Umberto Agnelli, younger brother of Giovanni and father of the deceased dauphin.

ECONOMIST: Car making in Italy: Driven by fiat | The