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Fiat Zooms onto Public Markets, Giving Investors Reminder of Chrysler

Jonathan Marino
10/22/14 8:02 AM EDT
It's been a long ride for Chrysler since its 2009 bankruptcy filing: the company's financial state put its brand in jeopardy, and was then jettisoned by the U.S. government to Fiat S.p.A. for pennies. Now, with itslineup leader the Jeep Grand Cherokee rebounding in U.S. auto sales, Chrysler is looking good, and it's back on U.S. markets. The company's October 13 IPO may have been a painful reminder to the investors who lost out when Chrysler went private, but for Fiat -- and its new investors on the NYSE -- the seventh largest automaker in the world could have big potential.
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