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Italy: Fiat CEO hints Chrysler IPO may be in 2012

According to media reports based on comments made by Fiat chief executive officer Sergio Marchionne after the OEM's annual meeting of shareholders, the Italian company still wants to up its stake in Chrysler to 51% in 2011, but may delay an IPO for the US company until 2012. According to Reuters, It’s time to log … Continued

According to media reports based on comments made by Fiat chief executive officer Sergio Marchionne after the OEM's annual meeting of shareholders, the Italian company still wants to up its stake in Chrysler to 51% in 2011, but may delay an IPO for the US company until 2012.

According to Reuters,

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