:excited:(Europe) in 2012 represented 24 percent of the group's 84 billion euros in revenue.
When Marchionne was named CEO in 2004, Fiat relied on Europe for more than 90 percent of its 27 billion euros in sales.
As an American, I personally don't care what they call it, if we can land the HQ. The HQ is what matters.FreeLantz said::excited:
Yeah...I might think about moving, too.
I think we'll see a split HQ with the official home being in Auburn Hills. The question remains, what will the new company be called?
Fiat has publicly traded stock so it is very very very unlikely to become an LLC. Chrysler could remain as an LLC under Fiat thoughguyver[this word has been banned due to its use as a pointless flame tool said:y]
It will probably be called Fiat-Chrysler LLC or something to that effect. Either case, I would not be too surprised to have the HQ here in the US.
Why bother with a single room when they could share a post office box in Bermuda with a dozen other US companies?The office of the parent company could even just be a single room in an office building somewhere, leaving the existing HQ's unchanged.
Marchionne Automotive InternationalFreeLantz said:The question remains, what will the new company be called?
That was my thinking as well, until a few weeks ago.DaveAdmin said:I would probably do what Charger Red is suggesting, if I was in charge, which I'm not. What I suspect will happen is a Fiat Auto (or whatever) will appear in Holland which will own Fiat (Italy) and Chrysler (US).
Didn't figure this was worthy of a full news story, just more rumors that we've heard before.
I really do also suspect Sergio will keep Fiat as it is and when they acquire Chrysler... it will still be Fiat, same structure in Italy. He can get a lot more concessions from Italy than from the US.
True, I can tell you that the biggest obstacle I have in promoting Jeep and Chrysler products, is the " but they are foreign owned".DaveAdmin said:I only discount nationalism when it comes to American companies, since Americans have largely decided they prefer to buy from "anywhere but here."
I think that's largely due to the emphasis on globalism and free trade among leaders of both parties.
That said, Norm, you could be right. The stock price would certainly benefit from being an American company -- since it would almost automatically go to various large mutual fund buying lists. That said, it's not up to Sergio.