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Fiat Chrysler Automobiles officially new company - 2013 Earnings Net Income of 2.8 billion


Anthony

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The thing is, though, you have a LARGE contingent of metro Atlantans -- probably most at this point -- who don't even need to take any of the Interstates (20, 75, 85, 285 are the main ones). For many of those, they commute suburb to suburb, most of which are connected by 6-lane parkways and arterials at best and 2-lane highways at worst (more common the further away you are from the city itself).

 

So during commute hours, you end up with two choices: stuck or more stuck. And that's before dealing with ice.

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Can you imagine what would happen if we had snow all over Los Angeles again like we did back in 1949? Out here, we have summer tires on our cars all year long. Now that would be a disaster. Here's a pic of the Sepulveda Pass (future home to the San Diego Freeway).

 

http://framework.latimes.com/2013/01/11/in-1949-the-snowman-socked-los-angeles/#/5

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More people live in Atlanta than all of SD! :)

 

And they all work downtown but live in the suburbs. I just heard there was a million people on the interstates and secondary roads trying to get home on Tuesday afternoon. Even in good weather it's gridlock.

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Fiat Chrysler Gets Dutch Headquarters

 

AUBURN HILLS (WWJ) - Now that Fiat has complete ownership of Chrysler, the new company has a new name and a new headquarters.

Fiat Chrysler Automobiles N.V. will be headquartered in the Netherlands, with shares traded in both New York and Milan.

 

“A new chapter of our story begins with the creation of Fiat Chrysler Automobiles. A journey that started over a decade ago, as Fiat sought to ensure its place in an increasingly complex marketplace, has brought together two organizations each with a great history in the automotive industry and different but complementary geographic strengths. FCA allows us to face the future with a renewed sense of purpose and vigor,” said John Elkann, Chairman of Fiat.

 

The changes will need to be approved by current Fiat stockholders, and the final language will need to be approved by the company’s board. The company hopes to begin trading in New York in October, and says the transaction is expected be finalized by the end of the year.

 

CEO Sergio Marchionne has been assuring workers that the decision on a headquarters will have no bearing on the work done at what had been Chrysler headquarters in Auburn Hills, and at Chrysler and Fiat operations around the world.

 

In its statement today, the company said the headquarters decision was based “on the needs and opportunities resulting from the creation of a large, global auto group through the union of Fiat and Chrysler.”

 

More: http://detroit.cbslocal.com/2014/01/29/chrysler-posts-improved-profit/

 

(CBS is running with the Dutch headquarters.)

 

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'Fiat Chrysler Automobiles' is new name, stock on NYSE

Neither Chrysler headquarters in Auburn Hills, Mich., not Fiat h.q. in Turin, Italy, was named the main h.q. That prickly issues remains to be settled. Switching to the U.S. would cause a firestorm of controversy in Italy, where Fiat is the largest private employer.

 

And there'd be a fierce backlash in the U.S. if a company rescued by American taxpayers' money were to move out of the country.

CEO Sergio Marchionne likes to say the h.q. is on an airplane. He travels between the two countries often, sleeping on planes during the trips.

 

http://www.usatoday.com/story/money/cars/2014/01/29/fiat-chrysler-to-be-new-name-stock-traded-in-ny/5015575/

 

(What a coward! The CEO cannot even say where the headquarters of the company is. No Guts. No Glory. Fiat.)

 

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Fiat Chrysler Automobiles to be company's new name

Fiat's board of directors agreed on the new name Wednesday, with headquarters for tax purposes in the United Kingdom. But the board sidestepped the thorny political issue of whether the true headquarters would be in...

 

Corporate executives, including Sergio Marchionne, CEO of both companies, say the real headquarters is on an airplane.

 

http://www.idahostatejournal.com/news/business/fiat-chrysler-automobiles-to-be-company-s-new-name/article_7c39ecb9-6ffd-509f-ae68-122e86674951.html

 

(Still playing games about the plane being the headquarters. Just say where the headquarters is.)

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