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With Fiat's help, Chrysler overhauled key products like the Jeep Grand Cherokee. Sales and profits have soared. Now, Fiat would like to own the rest of Chrysler -- and that puts Chrysler's IPO in doubt. Photo credit: Chrysler

Will Chrysler ever go public?

The company continues to say that an initial public offering is in the works. But it has been postponed: Originally scheduled for last week, the IPO of Detroit's No. 3 automaker will now happen sometime next year, officials say. 

Bloomberg has reported that the delay is due to the need to get some documents from the IRS. But is something else going on?

There's good reason to think so. In this video, Fool contributor John Rosevear explains what might really be happening behind the scenes with Chrysler and its majority shareholder, Italian automaker Fiat (NASDAQOTH:FIATY) -- and why there's good reason to think that this IPO might not happen after all.

Fool contributor John Rosevear has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.