“He didn’t care that everyone’s assets were going down,” says his niece Priscilla Rattazzi. “He cared that people in Turin kept their jobs. This is an Italian thing. Italians don’t fire 10,000 people. He definitely didn’t want to see the writing on the wall.”
“He would like to be remembered as the man who did not sell out,” his nephew Lupo Rattazzi, 50, explains. “He used to say, with scorn, ‘Look at those English automobile companies, like Rover, Rolls-Royce—they sold out to everyone!’ He felt several families in Europe had surrendered. He wanted to keep Fiat in the hands of the Italians—and the Agnellis.