Fiat-Chrysler set up HQ in London

May 12, 2014 10:34 am

Sergio Marchionne, head of Fiat-Chrysler has said the newly formed company has chosen London for its headquarters over the US and Italy, Reuters has reported. “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 U.S. We will be multi-faceted … we will do stuff everywhere,” Marchionne told journalists in the US. Fiat’s home is currently in Turin, Italy, while Chrysler is headquartered in Auburn Hills, outside of Detroit.