- Fiat Chrysler Automobiles is set to be based in London when Fiat (OTCPK:FIATY) and Chrysler complete the merger of their operations, CEO Sergio Marchionne says.
- The U.K. capital represents something of a compromise between Michigan, where Chrysler is located, and Fiat's home country of Italy.
- And as Pfizer is well aware, the U.K. offers attractive tax benefits.
- Fiat will still keep manufacturing operations in Italy, and it plans to increase output of its Maserati and Alfa Romeo cars in the country. The company's main listing will be in New York.
From other sites
Video at CNBC.com (May 26, 2015)
Video at CNBC.com (May 20, 2015)
Video at CNBC.com (May 12, 2015)
Video at CNBC.com (Feb 27, 2015)
at CNBC.com (Jan 5, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs