Chrysler Group Files IPO

    HOLLYWOOD, FL - OCTOBER 02:  Chrysler sales consultant Doug Desloover (L) shows a Jeep Wrangler to Lewis Colon at the Hollywood Chrysler Jeep car dealership on October 2, 2012 in Hollywood, Florida. Chrysler Group LLC reported that its sales last month rose 12% from a year ago for its best September since pre-recession 2007.  (Photo by Joe Raedle/Getty Images)

    Joe Raedle / Getty Images

    Chrysler Group might be returning to the public arena for the first time since 1998. On Monday the auto company filed with the government for an initial public offering of stock. Details of the number of shares and price range haven't been set, but those on offer would be from the 41.5 percent stake held by a United Auto Workers trust (the rest of the company is owned by Fiat), which wants cash to pay for the health benefits of the 60,000 it covers. The approval and sale could take several months.

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