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, 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. Try any of our Foolish newsletter services free for 30 days. 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.