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In Reply to: RE: Auto sales are slowing, and upheaval is next - CNN posted by Inmate51 on May 16, 2017 at 20:10:43
...actually pretty static thru the period. Consider Ford (who didn't "take"'taxpayer $) has fallen about 30% during the period. If one considers stock price as a reflection of future earnings, investors aren't optimistic in spite of huge present earnings. Both cos face internal revolt from activist investors. This will be the most immediate and true threat to survival of the "traditional" US auto cos. And, FYI, FCA (Chrysler/Fiat) is a Dutch co.
Follow Ups:
I didn't know they reorganized and incorporated in the Netherregions. It's still Italian-controlled. Kinda like a company incorporating in Delaware even though the actual company is in, say, Illinois. But wait, it gets better. Their headquarters is in London, for tax purposes.When I log back on to the stock market later today, I'll get the official company scoop from their company profile.
In the meantime, I found this:
https://en.wikipedia.org/wiki/Fiat_Chrysler_Automobiles
:)
Edits: 05/17/17 05/17/17
...things are complicated these days. Maybe it would be more appropriate to call FCA a British co because that's where they're taxed. Listing location and controlling location are interesting but not so relevant today...IMO.
In these days of globalization things are a lot less clear cut than that.
Fiat-Chrysler is incorporated in the Netherlands, headquartered in London, listed in New York and Milan and ultimately controlled by the Agnelli family which holds 45% of the voting rights.
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