Fiat Group, Chrysler Group's Italian parent company, has acquired the remaining half of VM Motori S.p.A. from General Motors for 34.1 million euros ($47.1 million). The acquisition, which gives ...

Last month, we reported of General Motors' divestiture of its half of the VM Motori diesel engine manufacturing partnership with Fiat in Cento, Italy. The two companies entered into a joint ...

The state-of-the-art diesel mill is manufactured by VM Motori in Cento, Italy, just north of Bologna and, until now, was a 50/50 joint venture between Fiat and General Motors. According to a ...