Fiat, after purchasing half of European diesel engine manufacturer VM Motori S.p.A. in 2010, just acquired the other half from General Motors for $47.1 million,giving Fiat complete controlof the Cento ...
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, 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 ...