With the recent chatter that Fiat is looking to move its global headquarters to the US following a complete merger with Chrysler, the Italian government is voicing its opinion on the matter. Facing the potential job loss from the automaker leaving the country, Italy's industry minister is meeting with Fiat CEO Sergio Marchionne in what will likely be a plea to keep the company based in Turin rather than moving to Auburn Hills, MI – if indeed it is able to acquire the additional 41.5 percent of Chrysler currently owned by the United Auto Workers.

According to Bloomberg, Fiat is Italy's biggest private employer and unemployment is already nearing a 20-year high. The non-car side of Fiat, Fiat Industrial, is already planning a move to the UK, so it goes without saying that Fiat moving would be a pretty big blow for the Italian economy. In the article, Fiat says that the headquarters issue is "not on its agenda now," but that statement is far from a denial.


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  • 29 Comments
      Jerry
      • 1 Year Ago
      Hmmm... Wonder if they are moving their industrial division to the UK to align with Caterpillar's UK division (AKA Perkins)??? They have been working on several joint ventures as of lately.
      IBx27
      • 1 Year Ago
      Italy only cares about the tax that they won't be able to demand from Fiat when they are no longer based in their socialist empire. The only jobs that will leave are upper management jobs, and those people are likely to stay with the company anyway.
        Rick C.
        • 1 Year Ago
        @IBx27
        Another teabilly spouting antiquated nonsense.
        CSM101
        • 1 Year Ago
        @IBx27
        Yeah, right I live in a socialist country! that's why an unenployed german gets 600Euros each month from the german goverment and an unemployed italian gets kicked out of his home. right! it must be the same reason for which a german having children receives 180 euros every month for each child for the first 18 years of their life. In italy the whole income of the job of one of the two parents goes in paying services that are totally free for germans. YEAH! we are a socialist country! Going on a highway for 300 km in italy will cost 20 Euros just for the highway toll (not to mention the 30 euros you will spend for gasoline), whereas in germany autobahns are kept for free. Yeah! I love the benefits of a welfare state. do you at least know the meaning of the word socialism? maybe you don't know neither the meaning of empire... how the hell can you say "Empire" and "italy" in the same sentence???
      johnbravo6
      • 1 Year Ago
      Atlas Shrugged. Italy makes this maze of bureaucracy and taxes, bankrupts the citizens by burying them in debt to the banks, and then begs for businesses to stay ANYWAY? To bail them out, for the common good? Not that this DB won't lobby, cheat and beg the government for handouts either. I just hope all these scumbags fall in the graves they've been digging themselves.
      Jarda
      • 1 Year Ago
      Škoda is considered a value-brand here in Europe. Yet it's image is above the Fiat's one. Škoda autoworkers, mere 800km to the north from Italy, work for 1/3 salaries compared to their Italian Fiat fellows. Good luck Fiat.
        Jarda
        • 1 Year Ago
        @Jarda
        yh, reality bites :P
          rcavaretti
          • 1 Year Ago
          @Jarda
          That's what I got out of it as well. You need to log out of your present user name and log in with another if you're going to start an argument with yourself.
          Jarda
          • 1 Year Ago
          @Jarda
          @lasertekk you are not exactly the brightest one from the nest, are you?
      Trent
      • 1 Year Ago
      Trifecta = Italian company, owned by Chrysler and made in Mexico. What could possibility go wrong?
      canuckcharlie
      • 1 Year Ago
      Marchionne for Italian prime minister
      sinistro79
      • 1 Year Ago
      This is the same thing when Americans cry that all their jobs are going to China.
      Randy
      • 1 Year Ago
      Anyone know why Michigan is often the local that car companies make their headquarters? Logistically it doesn't make sense to me. Is it purely a tax thing?
        erikgrad
        • 1 Year Ago
        @Randy
        Logistically, it does make sense, because the infrastructure (suppliers, experienced workers) is largely located in Michigan. Why they originated in Michigan is because of Henry Ford.
        TheSTIG
        • 1 Year Ago
        @Randy
        VW of America moved to Herndon, VA (DC area) a couple of years ago. MB, BMW, Toyota, Honda, Jaguar Land Rover, Porsche, Mazda, Nissan all have their american hq outside of michigan.
      mikemisa
      • 1 Year Ago
      Instead of relocating Fiat entirely to Michigan, why not creat a sub-division here in the U.S. This would creat more jobs and Sergio can stil control both Fiat and Chrysler (i.m.o)
        misterbertram
        • 1 Year Ago
        @mikemisa
        because he doesn't **** millions of dollars like that.
        johnbravo6
        • 1 Year Ago
        @mikemisa
        How would it create more jobs? The same amount of work needs to be done.
          Mike F.
          • 1 Year Ago
          @johnbravo6
          Creates more jobs by duplicating work. My instincts say this is bad, but somehow VW group makes it work keeping its divisions separate.
        Randy
        • 1 Year Ago
        @mikemisa
        US is the largest market. Remote management of the largest market doesn't make sense...
          onewayroll
          • 1 Year Ago
          @Randy
          China is the Largest market..the U.S is second.
        Govis
        • 1 Year Ago
        @mikemisa
        Because Italy is a basket case and Marchionne does in fact want to get the heck out of Dodge while the getting is good.
      nassau
      • 1 Year Ago
      From the string of AB articles, I sense that AB is not a fan of Marchionne.
      Alex Butti
      • 1 Year Ago
      I have never been a FIAT person, (and probably never will). However, since the acronym stands for Fabbrica Italiana Automobili Torino (as in Turin), I don't see how a legendary brand such FIAT would move to Auburn. The company's name would have to change to FIAA-it sounds wrong. On top of this change, moving the HQ to the US would leave a tons of Italian workers at home, with a ever-so-felt economic crisis Italy has been facing, things look pretty bleak. In my opinion this is not a good move for the Country but for the auto maker.
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