Fiat Industrial Chairman Sergio Marchionne is seeking a full merger with U.S.-based CNH farm and construction vehicle business, in a move that would shift the company's capital center to the U.S.

Fate had different plans for the Mercedes-Benz 130H. But other manufacturers like Fiat, Citroen and of course Volkswagen achieved great success post-WWII with their idea of people’s cars.

Italian automaker Fiat SpA, which controls Chrysler, said Friday that it and subsidiaries will immediately halt sales to Iran, following similar moves by other carmakers under pressure to cut ties