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GM buying 50% of diesel maker VM Motori

Bob Lutz may not be a huge diesel fan but General Motors is beefing up their internal diesel prowess anyway. They have reached an agreement with long-time collaborator Penske Corp. to buy a fifty percent stake in Italian diesel maker VM Motori S.p.A. The new 2.9L V-6 diesel that GM announced at the Geneva Motor Show was jointly developed with VM Motori and the Italian company also supplied the engines that were used in the previous Jeep Liberty diesel. For the new V-6 VM Motori is responsible for design of the hardware and the manufacturing. ... Read more →

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