Will Italy's Fiat Become an American Company?

Is Detroit about to get a new automaker? The CEO of Italian auto giant Fiat 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, Fool.com 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.

The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The article Will Italy's Fiat Become an American Company? originally appeared on Fool.com.

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.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

From Our Partners