Marchionne to Locate Fiat Chrysler Headquarters in London

Fiat Chrysler Automobiles NV, the company that will be formed from the combination of Fiat SpA and Chrysler Group LLC, will be based in London, marginalizing Italy’s role for the automaker.

While Fiat Chrysler had long planned to have a fiscal domicile in the U.K. for tax purposes, it hadn’t selected a specific city. The manufacturer’s presence in the British capital will also be more than just a postal address.