Why There Might Never Be a Chrysler IPO
Chrysler made news earlier this week when it announced that it had filed a registration statement, the first step toward an initial public offering of Chrysler stock. That got investors' attention: Ford and General Motors stocks have both performed very well lately. Could Chrysler stock be another good buy as Detroit's revival continues?
Unfortunately for eager investors, the story is more complicated than that. Chrysler's IPO filing is the latest move in a long-running dispute between Italian automaker Fiat , which controls Chrysler, and a UAW trust that holds a big chunk of Chrysler's stock.
In fact, the IPO might never happen. In this video, John Rosevear gives you the whole story -- as well as his take on whether Chrysler stock will be a buy if and when it does hit the market.
Two Auto Stocks That Are Better Bets Than Chrysler
There's good reason to believe that the most successful investors over the next few decades will be those with exposure to China's massive and growing population of domestic consumers. And there are few things that these consumers are likely to purchase with more enthusiasm than cars and trucks. In this brand-new free report, our analysts get out in front of this trend by identifying two automakers that are poised to surge along with China's middle class. If you want to be among the smart investors who get rich from this growing trend, then you'd be well advised to instantly download our free report on the topic by clicking here now.
The article Why There Might Never Be a Chrysler IPO originally appeared on Fool.com.Fool contributor John Rosevear owns shares of Ford and General Motors. You can connect with him on Twitter at @jrosevear. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.