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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