According to CEO Sergio Marchionne, an initial public offering for Chrysler will most likely happen in 2012. Marchionne stated that Chrysler would need a longer track record of success and that equity markets needed to improve for an IPO. Sergio Marchionne is the CEO of Chrysler as well as Fiat.
To read a related Reuters article, please click here:
http://www.reuters.com/article/2011/06/03/us-chrysler-ipo-idUSTRE75264S20110603
James Sutliff