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Mondo Agnelli: Fiat, Chrysler, and the Power of a Dynasty [Hardcover]

Jennifer Clark
4.2 out of 5 stars  See all reviews (21 customer reviews)

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Book Description

December 13, 2011
The fascinating story of a century-old automobile dynasty

Fiat is one of the world's largest automakers,  but when it made headlines by grabbing control of a bankrupt Chrysler in 2009 it was unknown in the U.S. Fiat’s against-all-odds swoop on Chrysler---masterminded by Sergio Marchionne, the Houdini-like manager who saved Fiat from its own near-collapse in 2005 – has made the automaker one of the most unlikely winners of the financial crisis. Mondo Agnelli is a new book that looks at the chain of unpredictable events triggered by the death of Gianni Agnelli in 2003. Gianni, the charismatic, silver-haired power broker and style icon, was the patriarch who had lead the company founded by his grandfather in 1899. But Gianni's own son had committed suicide. Without a mature heir, the dynasty and Fiat were rudderless. Backed by Gianni's closest advisors, his serious, shy, and determined grandson John plucked Marchionne from obscurity. Together, they saved the family company and, inadvertently, positioned Fiat as a global trailblazer when the global storm hit.

  • A classic story of ingenuity and hard work, the book portrays a business dynasty that triumphed over adversity and family tragedy because of its own smarts, sweat, and ability to bend the rules
  • A an engaging tale for those interested in the stories behind the economic crash, the book contains never-before reported material about how Fiat succeeded in making Chrysler profitable where both Daimler AG and Cerberus, its previous owners, had failed.

A story for a wide audience, from car buffs, business readers, lovers of Italy, and anyone fascinated by the lifestyle of Europe's most glamorous industrial dynasty, this book tells the tale of how Fiat achieved the seemingly impossible -- turning around an American automotive icon everyone else had given up for dead.


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Editorial Reviews

Amazon.com Review




From the Author: Five Things You Should Know About Fiat
Author Jennifer Clark
1. Fiat is four years older than the Ford Motor Company. Giovanni Agnelli and a group of Turin businessmen set up Fiat in 1899, while Henry Ford founded the Ford Motor Company in 1903. Giovanni Agnelli visited for the first time in 1906, and probably met Henry for the first time that year. The two auto barons became friends, and Giovanni kept a photograph of himself and Henry on his desk for years. Giovanni's grandson Gianni socialized with Henry Ford II.

2. Fiat is more than cars. During its peak, its slogan was "Land, Sea, Sky" because it made engines for everything from ocean liners to trains to helicopters to planes. At its peak in the post-war boom of the 1960s, it even made refrigerators. Its engineering prowess was widely recognized. Guglielmo Marconi, the inventor of the radio, worked at Fiat"s Magneti Marelli spare parts company. Fiat now makes tractors and construction equipment as well as Ferraris, Fiats and Alfa Romeos.

3. Fiat was the only company in the world willing to buy Chrysler at the end of 2008. 4. Fiat's Balilla – the precursor to today's zippy 500 – was a "people's car" launched in 1932 that pre-dated the Volkswage's Beetle by about five years.

5. Fiat Chairman John Elkann is the first Agnelli family member at the helm of Fiat who doesn't bear the Agnelli name. He is the great-great-grandson of the company's founder, Giovanni Agnelli.


Review

"But the soul of the book is the 113-year story of feisty Fiat and the larger-than-life Agnelli family. That's when it's time to click your seat belt for a yarn that's rich with affairs, suicides, drugs, family lawsuits, secrecy, hidden assets, offshore accounts, Benito Mussolini, princes and princesses, Jackie Kennedy, palaces and yachts, spectacular weddings, stately funerals and deep family loyalty." (USA TODAY.com, February 2012)

Product Details

  • Hardcover: 368 pages
  • Publisher: Wiley; 1 edition (December 13, 2011)
  • Language: English
  • ISBN-10: 1118018524
  • ISBN-13: 978-1118018521
  • Product Dimensions: 6.4 x 1.3 x 9.4 inches
  • Shipping Weight: 1.8 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (21 customer reviews)
  • Amazon Best Sellers Rank: #358,588 in Books (See Top 100 in Books)

More About the Author

Jennifer Clark is an American expat journalist who has dedicated over 20 years of her professional life to writing about Italian business and politics. Born in Chicago, Illinois, she now lives in Milan, Italy with her Italian husband. She currently writes about the Italian car business for ThomsonReuters.

Customer Reviews

Mondo Agnelli is really two stories. suecar  |  7 reviewers made a similar statement
It's obvious this book is well researched. S. Carrel  |  3 reviewers made a similar statement
I have gifted several with this book. Giva  |  1 reviewer made a similar statement
Most Helpful Customer Reviews
8 of 8 people found the following review helpful
5.0 out of 5 stars The unforgettable story of two car companies December 27, 2011
Format:Hardcover|Amazon Verified Purchase
This is a fascinating book, and a very complex one. On one hand it is the story of two car companies on the brink of failure and how, against all odds, they survived and thrived. But it is also the story of the Agnelli family's vivid cast of characters. Ms. Clark describes the members of the family in compelling terms - you can almost see them in their privileged life and the trials and tribulations that they suffered. Her depiction of some to the key events, weddings, suicides, and family gatherings are so clear that the readers feels present. Further, her description of the economics of the story is clear enough for those of us who are not economists to understand yet conveys the complexities of the situation.
In short, a must read. You will learn a lot and also have a lot of fun. Happy reading!
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3 of 3 people found the following review helpful
4.0 out of 5 stars Drama in the auto industry January 8, 2012
Format:Hardcover|Amazon Verified Purchase
Mondo Agnelli, the book by Jennifer Clark, reads like a historical fiction/industrial espionage. J Clark, through her indepth presentation of the Agnelli family, draws the reader into the power of the family and its effects on war, politics and the creation of the middle class as it is known in Italy today. Giani Agnelli's playboy life style, the realationship with other great families like the Kennedy's and their own personal tragedies carry the reader through the book. Before long you are reading about complicated international banking as a gripping drama.
Clark brings FIAT and the Agnelli family to the current day. The Chrysler take-over and the intense international meetings give greater weight and clarity to all that has gone on in the past three years in the U.S. auto industy. This book marries politics, history, and international banking with the stories of the rich and famous in one good read. I highly recommend this book.
There are many typos in this book which can be distracting when you read it. My advice is to read over them and hopefully the editors will get it right in the next printing.
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1 of 1 people found the following review helpful
5.0 out of 5 stars A New Perspective on the Chrysler - FIAT Merger December 23, 2012
Format:Hardcover|Amazon Verified Purchase
This book is an interesting alternate perspective on the Chrysler-Fiat merger in 2009. Instead of the usual domestic auto industry view it comes at the process from the FIAT side. The author clearly knows the FIAT side while the Chrysler side is easy to sketch for American readers.

The section of book containing the history of FIAT may be of limited interest to American readers but the alternative way of providing a background to the merger would be yet another rehashing of Chryslers problems for the last 20 years. The author emphasizes that all parties to the negotiation wanted it to work. Chrysler management, FIAT management, the UAW, Chrysler bond holders, and the Obama administration were all highly motivated.

In some ways this is the Sergio Marchionne story with the Agnelli family playing backup but it is also the story of one segment of the ongoing transformation world auto industry.
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Most Recent Customer Reviews
3.0 out of 5 stars Too slow
I'm a car guy. I read Iacocca, Lutz, Gyer, Vlasic, Hoffman, Rattner, etc. I picked this one because it was going to be about the Chrysler Fiat turn around and Marchionne. Read more
Published 11 days ago by Utah Ron
4.0 out of 5 stars Great Read
If you like to read about the car industry's history, this is a good book. I gained a new appreciation of Fiat as a result.
Published 2 months ago by Luis Feliciano
1.0 out of 5 stars horrid
This is probably the most terribly written book I've ever read. Apart from the various grammatical and spelling errors, the book flows horribly. Read more
Published 4 months ago by michael
2.0 out of 5 stars Soap opera
Having read a half dozen books on the Big Three and a few other books on foreign cars, I was expecting a lot of detail, like Bob Lutz writes in his books, about the vehicles,... Read more
Published 5 months ago by M. P. Henley
5.0 out of 5 stars Really enjoyed reading Mondo Agnelli
An enjoyable combination of Italian politics, industrial history, international relations, and management, all united by FIAT and the Agnelli's family. Read more
Published 6 months ago by Mariana
5.0 out of 5 stars Wonderful look at an Italy most outsiders don't know
This book really takes readers inside an Italy that most foreigners never get to see - the intrigue of one of Europe's most powerful and glamourous families, the rise and fall of a... Read more
Published 6 months ago by Deborah Mucci
5.0 out of 5 stars A terrific read
Review for Amazon

The Mondo Agnelli book was a terrific read about a company and a family in a fascinating period of Italian history. Read more
Published 12 months ago by Vincent J. Buonanno Sr
5.0 out of 5 stars Molto Bene!
If you are interested in a fascinating and powerful Italian family, this book is for you. If you are interested in the inner workings of how Chrysler was saved from an Italian... Read more
Published 13 months ago by roberto
4.0 out of 5 stars One of the best books about the Agnellis
Most books about the Agnellis ramp up the cliches about them being Italy's royalty, and get bogged with Gianni's romantic escapades. Read more
Published 13 months ago by marcopolo
4.0 out of 5 stars Good but not great
I really enjoyed this book as it provided quite a bit of information not available elsewhere. It is however, very Eurocentric and not neccessarily relevant to many US readers. Read more
Published 13 months ago by I. Beavis
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