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VM Motori: Fully Acquired By Fiat

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Old 10-29-2013, 07:00 PM
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Information VM Motori: Fully Acquired By Fiat

VM Motori: Fully Acquired By Fiat

Fiat, after purchasing half of VM Motori in 2010, just acquired the other half from General Motors for $47.1 million, giving Fiat complete ownership of the Cento, Italy, diesel engine producer.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 control of the Cento, Italy, diesel engine producer of about 90,000 engines per year. GM exercised a put option with Fiat to finish the sale.

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Old 10-29-2013, 08:51 PM
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I want to go to a dealer and test drive one to see how they feel. The hp # is low but torque # looks good compared to a gasser.
 
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