FIAT: The Newest Domestic Automaker?

American FIAT 500

Let’s make FIAT American!

Remember the controversy that surrounded an Italian brand buying an American car company? When Chrysler went into bankruptcy and was gobbled up by FIAT, the question arose of whether the storied American brand would remain, well, American.

The Italian carmaker’s stake in Chrysler has grown steadily since 2009, and now FIAT CEO Sergio Marchionne wants to buy the rest and take full ownership. That means the once-American Chrysler would be fully under the control of a foreign entity that also owns Alfa Romeo, Maserati and Ferrari.

But what if the tables turned, and instead of Chrysler going foreign, FIAT comes stateside?

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