Italian automaker Fiat recently suggested that it might move its headquarters to the United States. Is Detroit about to get a new automaker?
Is Detroit about to get a new automaker? The CEO of Italian auto giant Fiat (NASDAQOTH: FIATY) recently said that he was considering moving the company's headquarters out of Italy -- where it has been since 1899 -- to the United States.
In this video, Fool.com contributor John Rosevear looks at why Fiat, which controls Detroit automaker Chrysler, might want to move to America -- and at what the implications would be for both Fiat and Chrysler.
Motley Fool contributor John Rosevear has no position in any stocks mentioned. Follow him on Twitter at @jrosevear. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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