Fiat is now the sole owner of diesel engine supplier VM Motori after it acquired a remaining 50 percent stake in the fellow Italian firm from General Motors. VM Motori supplies diesel engines for ...
MILAN (Reuters) -- Fiat plans to take full control of the diesel engine manufacturer VM Motori by buying out the half of the company owned by General Motors. VM Motori supplies engines for various car ...
Siddarth Raja July 17, 2007 Comment Now! To secure its diesel future General Motors will purchase a 50% stake in Italy’s VM Motori diesel engine plant from current owner Penske Corp. in a new 50-50 ...
A relatively unknown Chinese electric vehicle (EV) startup has managed to surprise the automotive world with an enormous initial investment round. This month VM Motors, based in Shanghai, announced ...
MILAN, Feb 11 (Reuters) - Fiat's Powertrain unit has bought 50 percent of Italy-based diesel engine manufacturer VM Motori from U.S. group Penske, thereby adding a newly developed V6 engine to its ...