GM buys 50% stake in Italian diesel engine maker

GM has been recently making quite a push to bring more diesel variants of their cars to the market. The company will now expand its diesel engine capacity with the purchase of 50 percent stake in VM Motori S.p.A, an Italian diesel maker.

VW Motori S.p.A is owned by Penske, which will retain its 50 percent stake. GM has not made any comments on the deal besides a few words from Dan Hancock, vice president of global engineering for GM Powertrain, called the purchase “a good value.”

GM and VM Motori S.p.A have already teamed up for a 2.9 liter V6 turbodiesel engine variant for the new Cadillac...
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johannas - 7/17/2007 9:39:25 AM

+1 Boost

"HUMMER cars", lol.

TehShibbs - 7/17/2007 6:47:45 PM

+1 Boost

GM already has a decent diesel engine in the pickups - the Duramax. This better be to bring good small diesel engines to the US. A few years back they did a test and made an amazing large-displacement, 2-cylinder turbo diesel. Apparently the torque was massive, and longevity was also amazing. I think this is the way they need to go.

EnnNorak - 7/18/2007 11:57:38 AM

+1 Boost

Great move GM! The 2008 Cadillac CTS and Saturn VUE are both on my shopping list. Any chance I'll get either of these with a diesel now?