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Merged Fiat-Chrysler HQ will be in London

You won't be seeing Sergio Marchionne in his famous sweaters running day-to-day operations of Fiat Chrysler Automobiles from Michigan. Although, he won't be doing it from Italy, either. The FCA CEO recently announced that the company's corporate headquarters would be located in London.
"Headquarters will be in London. It's clear that group executive functions, the board, my office, some of my functions, need to operate out of London, but that doesn't mean that I'm giving up my operational responsibilities of the US," said Marchionne to Automotive News at a press conference.
When the creation of FCA was announced, the company said its tax domicile would be in the United Kingdom. But it gave no specific location at that time. The business is still keeping most of the details under wraps.

2017 Fiat Model Year Preview and Updates

With the 'new' having worn off of Fiat's 500, it's left to the FIAT 124 SPIDER to heat up the Fiat showroom. 124 Spider: The Fiat two-seater is all-new, and from a branding perspective a return to a designation popular with Fiat fans throughout the '70s. This, however, is more Hiroshima than Turin. Its platform is shared with Mazda's Miata, while Fiat supplies its own brand-specific sheetmetal and drivetrain. 500: Despite its relative freshness here in the States, the 500 is in its tenth year of global production. Changes in '17 are both minor and substantive. For the convenience of buyers (and sanity of dealers) trim levels are reduced to Pop, Lounge and Abarth; window stickers are lowered across the lineup; and options that were once available only in packages are now offered separately. The end result is some surprisingly good price points, from top (Abarth) to bottom. 500L: Fewer trim levels and lower prices, while still failing to answer the question: Why is this sold in the US? 500X: An Italianate take on the Jeep Renegade, which itself is a Jeep-oriented take on the 500X. Like the other models in the Fiat lineup, trim levels on the 500X are reduced to three – Pop, Trekking and Lounge – while the window stickers are lowered and options are now available separately.

Fiat-Chrysler CEO: Please Don't Buy The Fiat 500e

Fiat-Chrysler's CEO had a strange request for electric vehicle shoppers on Wednesday: don't buy the all-electric Fiat 500e. While CEO Sergio Marchionne was speaking at a conference in Washington, he told the crowd he's tired of Chrysler-Fiat losing money, The Detroit News reported. "I hope you don't buy it [the 500e] because every time I sell one it costs me $14,000," he said to the audience at the Brookings Institution. "I'm honest enough to tell you that." Marchionne said federal and state fuel efficiency mandates are forcing the automaker to build unprofitable cars, according to Reuters. A normal Fiat 500 starts at $16,195, and the 500e starts at $32,650, before federal and state tax credits. There are no sales data to indicate how the 500e is performing. Related Gallery The Best Hybrids For The Money View 12 Photos Green Chrysler Fiat Car Buying Electric fiat 500e