/ Chrysler, Fiat, Industry, News / Interesting question: where is the new Fiat/Chrysler going to live?

Interesting question: where is the new Fiat/Chrysler going to live?

Linked In Share
Interesting question: where is the new Fiat/Chrysler going to live?

With Fiat’s takeover of Chrysler nearly complete, one big question remains unanswered: where will the headquarters of the newly combined companies be located?

Fiat represents an enormous part of Italy’s industrial heritage, but Chrysler/Fiat chief executive officer Sergio Marchionne is looking for ways to finesse the issue and put the combined company’s headquarters in Detroit.

Prior to the announcement of the deal to merge the two companies before the end of January, executives from Chrysler/Fiat had noted privately the number of people involved in shifting the reconstructed companies to the U.S. would be relatively few.

The headquarters staff could easily fit into Chrysler House, the maker’s refurbished offices in Detroit. The headquarters staff would be relatively small, a few dozen at most, while the Chrysler and Fiat groups would remain based in Auburn Hills, Mich., outside of Detroit, and Turin, Italy, Fiat’s historic home.

The integration will merge the finances of the two groups and personnel are expected to flow back and forth between Chrysler and Fiat and areas such as purchasing and research and development will be more tightly merged as well as strategy and planning.

Fiat, however, took one step towards loosening its ties to Italy as Fiat Industrial’s board of directors met this week and approved a merger of its principal Dutch and Italian subsidiaries.

The Board of Directors approved the cross-border merger of the wholly owned subsidiary Fiat Netherlands Holding N.V. with and into Fiat Industrial SpA, the company said in a brief statement. The merged company is expected to reside neither in the Netherlands or Italy, but in England for tax purposes, Fiat officials said.

The betting is Fiat Industrial’s move to London will serve as a prelude to Fiat shifting the headquarters of its automotive business to Detroit when the merger with Chrysler is finally complete. Officials from Fiat automotive have said moving its headquarters “was not on the agenda,” but that leaves open the question of where the merged entity might decide to locate.

by Aurel Niculescu (my Google+) - Friday, January 3rd, 2014 - filed under Chrysler, Fiat, Industry, News. Image credit: .
Linked In Share
Related Articles
Chrysler Fiat location


Discuss: Interesting question: where is the new Fiat/Chrysler going to live?

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Teams in talks to buy into F1 – Ecclestone
Teams in talks to buy into F1 – EcclestoneApr.9 (GMM/Inautonews.com) Bernie Ecclestone on Wednesday revealed that a group of teams is considering buying into formula ...
Ferrari ends Bahrain test early
Ferrari ends Bahrain test earlyApr.9 (GMM/Inautonews.com) Ferrari abandoned the second and final day of post-race testing in Bahrain on Wednesday. Before the ...
McLaren disputes appointment of Red Bull chief
McLaren disputes appointment of Red Bull chiefApr.9 (GMM/Inautonews.com) McLaren is disputing Red Bull's appointment on Wednesday of a new aerodynamics boss. Late last year, ...
[VIDEO] 2015 Chevrolet Silverado High Country HD unveiled
[VIDEO] 2015 Chevrolet Silverado High Country HD unveiledChevy has pulled the wraps off the mode up-scale Silverado High Country HD, during the 2014 Denver Auto Show. The 2014th edition ...
[Video] The slowest gold-blinged Porsche you’ll ever see
[Video] The slowest gold-blinged Porsche you’ll ever seeIt’s wrapped in star attractive gold plating and it’s got a supercar badge, but you won’t find any traces of the 450 hp ...
Facelifted Mercedes-Benz B-Class spied
Facelifted Mercedes-Benz B-Class spiedThe facelifted version of the Mercedes-Benz B-Class has been recently caught on camera by our spy photographers while it was ...
BMW 2-Series Cabrio spied
BMW 2-Series Cabrio spiedThe brand new BMW 2-Series Cabrio has been recently spied while being tested on a public road, with its top down. Our spy ...
Mercedes-Benz S-Class Coupe online configurator introduced
Mercedes-Benz S-Class Coupe online configurator introducedMercedes-Benz has introduced the online configurator for the brand new S-Class Coupe. German customers looking to add the new ...
Second-gen Kia Soul arrives in the UK
Second-gen Kia Soul arrives in the UKKia has introduced the second Soul generation to the United Kingdom as the model has went on sale from 12,600 GBP. The new Kia ...
UN report says cars could drive the biggest greenhouse-gas rise soon
UN report says cars could drive the biggest greenhouse-gas rise soonAccording to a United Nations report that will be published on April 13th, transportation might become the fastest rising cause ...
Ferrari 458 Italia gets crashed in the UK
Ferrari 458 Italia gets crashed in the UKThe driver of a Ferrari 458 Italia has managed to crash his ride in the United Kingdom recently after losing control of the wheel ...
Ford says Focus was 2013’s best selling nameplate
Ford says Focus was 2013’s best selling nameplateThe US carmaker has just unveiled the updated Focus sedan model and restated its compact line was the global best selling ...
Seat Ibiza FR Edition was launched in the UK
Seat Ibiza FR Edition was launched in the UKSeat has recently introduced the new Ibiza FR Edition to the United Kingdom, where the model in question starts at 15,920 GBP for ...
China: Ford on its way to pass Nissan and Hyundai
China: Ford on its way to pass Nissan and HyundaiAlthough a late comer in the world’s largest auto market, the No.2 US automaker has been making a dent there – and with a ...
Mercedes-Benz C-Class LWB spotted in China
Mercedes-Benz C-Class LWB spotted in ChinaA long wheelbase version of the new Mercedes-Benz C-Class generation has been recently spotted in China, where the model in ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015 Chevrolet Silverado High Country HD 1
Porsche_bike
Spy-Shots of Cars
Spy-Shots of Cars
ferrari 458 italia crash uk 1
seat ibiza fr edition uk 1
mercedes-benz-c-class-lwb 1
Cam Shaft and PP-Performance MINI Cooper S tuning 1
Mercedes-Benz Sprinter Hartmann tuning 1
Infiniti Q50 and QX70 Poltrona Frau 1
2015 Ford Focus Sedan 1
BMW 740Li xDrive Horse Edition 1

More automotive from inautonews
Chevy has pulled the wraps off the mode up-scale Silverado High Country HD, during the 2014 Denver Auto Show. The 2014th edition of the Denver Auto Show has seen the debut of the 2015 Chevrolet Silverado High Country HD, which is bringing a more premium touch to the heavy-duty truck. The model in ...
read more
Inautonews Editors Section
Do you have £200,000? Then you can have the trip of a (hazardous) lifetime
Do you have £200,000? Then you can have the trip of a (hazardous) lifetimeAre you tired of the ever-boring home to work commute? Well, if you’re the adventurous type and can afford the paycheck, the world's most hazardous ...
Check out the everyday cars of St. Moritz – photo gallery
Check out the everyday cars of St. Moritz – photo gallerySt. Moritz is the oldest winter holiday destination in the world – and on the same time it is probably the most expensive ski resorts in the ...
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety US: safety group asks NHTSA to probe Chevy Impala’s airbagsThe Center for Auto Safety, an auto safety group, has asked the National Highway Traffic Safety ... Recall roundup: Almost half a million Ford vehiclesThe North American based automaker Ford has recently issued two separate recalls for almost half a ...
Safety Section