Fiat Reportedly Considering Moving HQ to the U.S. following Chrysler Merger
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Fiat Reportedly Considering Moving HQ to the U.S. following Chrysler Merger



Fiat is considering moving its corporate headquarters to the United States following a planned merger with Chrysler Group, acording to a report from Bloomberg, which cites three people familiar with the matter.

The report says Fiat and Chrysler CEO Sergio Marchionne are analyzing the switch from Turin to the United States, as North America has become the primary revenue and profit source for the carmaker. In 2012, for example, Fiat generated 75 percent of its operating profit in North America.

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