Signs of change in the global auto business: The brand emblems above the entrance to Fiat's Mirafiori facility in northern Italy now include Jeep's. More changes are coming as Fiat completes a merger with Detroit's Chrysler. Photo credit: Fiat Group.

Is Italian automaker Fiat (OTC:FIATY) becoming an American company?

It seems like a silly question. Fiat has been headquartered in the Italian city of Turin since 1899. But a merger between Fiat and Detroit automaker Chrysler is under way, and already there are signs that the merged company will be more American than Italian.

What does that mean? For investors, it might mean a dramatic change: The merged company is likely to be listed on the New York Stock Exchange. That could bring it more attention from global investors, who may start thinking of Fiat-with-Chrysler as a global company, rather than a regional one that has struggled in Europe.

What are the other implications? In this short video, Fool contributor John Rosevear looks at what it would mean for post-merger Fiat to move its headquarters to the United States -- and at why the combined company might be better off finessing the issue of whether it is "Italian" or "American."