{"id":576091,"date":"2010-05-23T10:32:00","date_gmt":"2010-05-23T14:32:00","guid":{"rendered":"http:\/\/www.autoblog.com\/2010\/05\/23\/marchionne-says-probably-2011-on-chrysler-ipo-wants-gm-to-go\/"},"modified":"2010-05-23T10:32:00","modified_gmt":"2010-05-23T14:32:00","slug":"marchionne-says-probably-2011-on-chrysler-ipo-wants-gm-to-go-first","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/576091","title":{"rendered":"Marchionne says “Probably 2011” on Chrysler IPO, wants GM to go first"},"content":{"rendered":"

Filed under: Chrysler<\/a>, Earnings\/Financials<\/a>, Fiat<\/a><\/p>\n

\"Sergio\"<\/a><\/p>\n

Everyone is watching General Motors<\/a> CEO Ed Whitacre, Jr. to see what he’ll be able to pull of this year with respect to his plans, including a possible IPO. Count Chrysler<\/a> CEO Sergio Marchionne among the interested. While the Fiat 500’s<\/a> introduction will likely result in Fiat upping its Chrysler stake to 25 percent, when it comes to a Chrysler IPO, Marchionne is thinking 2011, and he wants GM to go first, according to Automotive News<\/em>.<\/p>\n

Marchionne feels there’s enough investor interest for both GM and Chrylser IPOs, but said, “Let him go, he’s been itching to go,” in reference to Whitacre wanting a GM IPO as soon as this year. Chrysler has good reason to wait. It’s arguably further behind than GM in its turnaround, and whereas GM has the Volt to make a potential shareholder splash in 2010, Chrysler’s product fireworks won’t really start booming until next year. <\/p>\n

For now, Chrysler milestones are being reached ahead of schedule<\/a> and things in Auburn Hills are going well enough to get Marchionne to say, “May is “turning out to be a good month.” A Chrysler IPO is obviously desired, but based on Marchionne’s latest statements, it remains in the distance. <\/p>\n

[Source: Automotive News<\/a> – sub req’d]<\/p>\n

Marchionne says “Probably 2011” on Chrysler IPO, wants GM to go first<\/a> originally appeared on Autoblog<\/a> on Sun, 23 May 2010 09:32:00 EST. Please see our terms for use of feeds<\/a>.<\/p>\n

<\/h6>\n

Read<\/a> | Permalink<\/a> | Email this<\/a> | Comments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Filed under: Chrysler, Earnings\/Financials, Fiat Everyone is watching General Motors CEO Ed Whitacre, Jr. to see what he’ll be able to pull of this year with respect to his plans, including a possible IPO. Count Chrysler CEO Sergio Marchionne among the interested. While the Fiat 500’s introduction will likely result in Fiat upping its Chrysler […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-576091","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=576091"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576091\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=576091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=576091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=576091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}