Chrysler presses ahead with IPO plan

Chrysler Group LLC is pushing to launch its initial public offering by mid-December.

The company expects to set a price range for its IPO as early as this week and complete it in the first half of December - all in an effort to beat the IPO market slowdown around the holidays, people familiar with the matter told the Wall Street Journal.

Chrysler had initially targeted the IPO for the first quarter of 2014. Pressure mounts on the company's two owners to strike a deal that would allow majority owner Fiat to buy full control before Chrysler lists.

Read more from the Wall Street Journal.