Last week, TrueCar announced the pricing of its initial public offering of 7,775,000 shares of its common stock at a price to the public of $9 per share.
TrueCar filed a statement this week with the Securities and Exchange Commission for a proposed initial public offering of its common stock.
According to Forbes, Fiat announced it will not launch its initial public offering of Chrysler until 2014.
Chrysler Group LLC amended its initial public offering to more clearly detail its value to its majority owner, Fiat, Bloomberg reports.
JPMorgan Chase is expected to underwrite the initial public offering for Chrysler Group, CNBC reported this week.
For the second time, Atlanta-based AutoTrader Group Inc. pulled plans to go public, according to a recent SEC filing.
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