Fiat Chrysler will HQ in London England.

[Bham1982]

2) I responded it's not just about taxes. There's also a prestige factor with moving to London.

Again, not true, at all. There is no "prestige" whatsoever to domicile decisions. Fancy companies are often domiciled in dirt-poor Caribbean countries for tax/liability reasons.

And in any case, the UK is not a more "prestigious" location than the U.S. You are comparing two first world nations. This is a pure tax move.

[davewindsor]

Again, not true, at all. There is no "prestige" whatsoever to domicile decisions. Fancy companies are often domiciled in dirt-poor Caribbean countries for tax/liability reasons.

And in any case, the UK is not a more "prestigious" location than the U.S. You are comparing two first world nations. This is a pure tax move.

If fancy companies are often domiciled in dirt-poor Caribbean countries, why is FCA moving to London like many other companies? Your logic doesn't even make sense.

When did I say London is more prestigious than Manhattan? It's like comparing Oxford University to Harvard University in the educational world. They're both way up there in the top two in prestige as financial centers, though there's a lot of articles out there that the stricter visa requirements to work in Manhattan by foreigners vs. London doesn't make it more desirable for global companies to operate in Manhattan than London. Think about it. Which center is easier for Fiat's inner circle from Italy to work in--London or Manhattan?

The move from Auburn Hills is not a pure tax move as I've explained again and again and again, but you refuse to listen.

[douglasm]

But again, the thing people keep forgetting is that it is NOT a move from Auburn Hills, it's a move from Amsterdam.

[BagAJellyDonuts]

Truth is, if FCA really wants to make money, just close down Fiat.

This really is less of a slap against Chrysler than it is against Fiat. Even GM which is growing so large in China is still here at least in "profile". But what people are ignoring is how did Chrysler end up like this? First those worthless lying slimy scumbags from Daimler talked Bob Eaton into selling the passwords to the bank accounts. And it was all done with the blessing of "our" government and the public. Admit it, people will piss on GM but admire Mercedes Benz. And for all the whining about Government Motors, where Chrysler is right now has been done with huge contributions from taxpayers and all of it is leaving again with the blessing of incompetent legislators. We can't come up with any cohesive tax strategy but every one of them and us are suckers for a tax plan that "gets the other guy". States fighting against states, party vs party and none of us agree the real problem is who we vote for.

Complain all you want about ten billion supposedly lost on a GM bailout. It really was a stupid move, that rescue could have easily been accomplished in a far more economical manner. But what the government has done with Chrysler is far worse. Not only did they act like idiots kissing the ass of the lying bastard Germans, now after watching bones get picked, they have gifted Chrysler to another sleaze merchant and we act all giddy about it. Whats' the old saying about fooling twice?

[AuburnSpeedster]

Truth is, if FCA really wants to make money, just close down Fiat.

This really is less of a slap against Chrysler than it is against Fiat. Even GM which is growing so large in China is still here at least in "profile". But what people are ignoring is how did Chrysler end up like this? First those worthless lying slimy scumbags from Daimler talked Bob Eaton into selling the passwords to the bank accounts. And it was all done with the blessing of "our" government and the public. Admit it, people will piss on GM but admire Mercedes Benz. And for all the whining about Government Motors, where Chrysler is right now has been done with huge contributions from taxpayers and all of it is leaving again with the blessing of incompetent legislators. We can't come up with any cohesive tax strategy but every one of them and us are suckers for a tax plan that "gets the other guy". States fighting against states, party vs party and none of us agree the real problem is who we vote for.

Complain all you want about ten billion supposedly lost on a GM bailout. It really was a stupid move, that rescue could have easily been accomplished in a far more economical manner. But what the government has done with Chrysler is far worse. Not only did they act like idiots kissing the ass of the lying bastard Germans, now after watching bones get picked, they have gifted Chrysler to another sleaze merchant and we act all giddy about it. Whats' the old saying about fooling twice?

Except the difference between Daimler and Fiat is that Fiat is actually running Chrysler well. Their sales have seen crazy growth that is far beyond the rest of the industry. The Daimler [[and following Cerberus era) was a very bad time for Chrysler. Gifting Chrysler to another foreign company may not have been the "right" thing to do. But it certainly has worked out for the better. Their cars and profits have both improved.