Economy / Foreign relations

FIAT to move legal seat in the UK

According to both the Wall Street Journal and the Italian newspaper La Repubblica, Mr Sergio Marchionne, the FIAT CEO, is going to recommend to the Board of the company to move its legal seat in the United Kingdom for fiscal reasons.

Mr Marchionne will also propose the listing of the company in the New York Stock Exchange.

Mr Marchionne’s moves are likely to fuel fears of FIAT become less and less Italian.

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2 thoughts on “FIAT to move legal seat in the UK

  1. Pingback: Very dense day for Italy | Italian Insight

  2. Pingback: Italy lacks big corporations | Italian Insight

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