“We are convinced that Fiat will continue to make cars. We have to see if Italy wants to make cars”. Strong words were pronounced today by the young president of Fiat, John Elkann, at the Communion and Liberation meeting underway in Rimini. According to Elkann, the family business it has the advantage of being more "prudent" and more conservative. In the very strong financial turbulence we have experienced in the last decade, prudence has been rewarded by the markets”.
There may be “limits in this ownership structure when nepotism comes into play or when the focus is not on merit but, if instead a virtuous circuit is established, great results are obtained. Storms pass, it's a lesson I've learned and what's important is that when there's a storm, you have to know how to get through it”. That “experienced with Sergio Marchionne was an absolutely uncertain situation. Nobody believed it, it was thought that Fiat would not make it”.
