Chrysler Files for IPO, Reports Say

Chrysler filed for an initial public offering (IPO) on Monday, according to reports.

This Feb. 14, 2013 file photo shows the Chrysler logo on a sign at the 2013 Pittsburgh Auto Show in Pittsburgh. Sales from the major automakers are expected to show that confident U.S. buyers snapped up new cars and trucks at a strong pace in June. Chrysler said Tuesday, July 2, 2013, that its sales rose 8 percent for its best June since 2007. Ram brand sales rose 23 percent and Dodge sales were up 12 percent on the strength of the Dodge Dart small car. AP Photo/Gene J. Puskar, File

Chrysler filed for an initial public offering (IPO) on Monday, according to reports.

CNBC reported that the Detroit-based firm made the filing, but offered few details.

JPMorgan Chase was listed as the underwriter for the regulatory filing, the report said.

There was no proposed price or final offering amount.

Previous reports this month said that the firm was moving towards filing the IPO by the end of the month.

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