{"id":2573,"date":"2011-03-31T18:42:03","date_gmt":"2011-03-31T18:42:03","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/chrysler-may-delay-ipo-until-2012\/"},"modified":"2011-03-31T18:42:03","modified_gmt":"2011-03-31T18:42:03","slug":"chrysler-may-delay-ipo-until-2012","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/","title":{"rendered":"Chrysler may delay IPO until 2012"},"content":{"rendered":"

After the U.S. government was forced to bail out both Chrysler<\/a> and General Motors during the economic downturn, all eyes have been on the two companies to determine when they'll be paying the U.S. Treasury Department back. GM repaid much of the money invested in it with its recent IPO, and many analysts assumed Chrysler would be soon to follow.<\/p>\n

Yet things aren't quite that simple at Chrysler, which is now owned by the Italian automaker Fiat. CEO Sergio Marchionne previously said an IPO would be in the works for later this year, but recent comments seem to suggest that the company may hold off until 2012.<\/p>\n

Fiat holds a 25 percent stake in the automaker, while the United Auto Workers health care fund owns approximately 63 percent. Over time, Marchionne hopes to slowly increase his company's share in the automaker until it reaches 51 percent. Then, he wants to pay off nearly $7 billion in loans from the U.S. and Canadian governments.<\/p>\n

This new timetable has caused many to believe that Marchionne is actually planning to hold off on the IPO this year and instead push it back to 2012.<\/p>\n

Drivers interested in a Chrysler or any other vehicle may want to consider New Jersey State Auto<\/a> Auction, which offers a wide variety of cars for sale<\/a> at affordable prices.<\/p>\n","protected":false},"excerpt":{"rendered":"

After the U.S. government was forced to bail out both Chrysler and General Motors during the economic downturn, all eyes have been on the two companies to determine when they'll be paying the U.S. Treasury Department back. GM repaid much of the money invested in it with its recent IPO, and many analysts assumed Chrysler […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"yoast_head":"\nChrysler may delay IPO until 2012<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chrysler may delay IPO until 2012\" \/>\n<meta property=\"og:description\" content=\"After the U.S. government was forced to bail out both Chrysler and General Motors during the economic downturn, all eyes have been on the two companies to determine when they'll be paying the U.S. Treasury Department back. GM repaid much of the money invested in it with its recent IPO, and many analysts assumed Chrysler […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/\" \/>\n<meta property=\"og:site_name\" content=\"Used Car Blog - NJ State Auto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NJStateAuto\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-03-31T18:42:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2020\/06\/10141444\/NJStateAuto.com-url.png\" \/>\n\t<meta property=\"og:image:width\" content=\"517\" \/>\n\t<meta property=\"og:image:height\" content=\"61\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@twinturboblogsadmin\" \/>\n<meta name=\"twitter:site\" content=\"@njstateauto\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\">\n\t<meta name=\"twitter:data1\" content=\"1 minute\">\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\",\"name\":\"NJ State Auto Used Cars\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/NJStateAuto\/\",\"https:\/\/www.instagram.com\/jerseycitycars\/\",\"https:\/\/www.youtube.com\/njstateauto\",\"https:\/\/www.pinterest.com\/njstateauto\/\",\"https:\/\/twitter.com\/njstateauto\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2019\/08\/01181502\/NJ-State-Auto-Logo.png\",\"contentUrl\":\"https:\/\/cdn-ds.com\/blogs-media\/sites\/174\/2019\/08\/01181502\/NJ-State-Auto-Logo.png\",\"width\":240,\"height\":240,\"caption\":\"NJ State Auto Used Cars\"},\"image\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#website\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"name\":\"Used Car Blog - NJ State Auto\",\"description\":\"Official NJ State Auto Used Car Blog\",\"publisher\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/#webpage\",\"url\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/\",\"name\":\"Chrysler may delay IPO until 2012\",\"isPartOf\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#website\"},\"datePublished\":\"2011-03-31T18:42:03+00:00\",\"dateModified\":\"2011-03-31T18:42:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"url\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/\",\"url\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/\",\"name\":\"Chrysler may delay IPO until 2012\"}}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/#webpage\"},\"author\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#\/schema\/person\/85a5d50e1018cb4599818aa86c1fbcb3\"},\"headline\":\"Chrysler may delay IPO until 2012\",\"datePublished\":\"2011-03-31T18:42:03+00:00\",\"dateModified\":\"2011-03-31T18:42:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.njstateauto.com\/blog\/chrysler-may-delay-ipo-until-2012\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#organization\"},\"articleSection\":\"Auto Industry News\",\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#\/schema\/person\/85a5d50e1018cb4599818aa86c1fbcb3\",\"name\":\"Admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/tt-blogs.dealerfire.com\/njstateauto\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7c0a5c116c6177d90b6c8cbf34228fad?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7c0a5c116c6177d90b6c8cbf34228fad?s=96&d=mm&r=g\",\"caption\":\"Admin\"},\"sameAs\":[\"https:\/\/twitter.com\/twinturboblogsadmin\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/posts\/2573"}],"collection":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/comments?post=2573"}],"version-history":[{"count":0,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/posts\/2573\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/media?parent=2573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/categories?post=2573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.njstateauto.com\/blog\/wp-json\/wp\/v2\/tags?post=2573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}