Following receipt of regulatory approval, Fiat Group Automobiles’ acquisition of the 50% stake in VM Motori for EUR34.1m (US$47m) held by General Motors, is now complete. Fiat Group acquired an ...
In the latter half of the 19th century, inventors experimented with various methods to power automobiles, including steam. But, along came a German man, Rudolf Diesel, who wanted a better way to ...
MILAN, Feb 11 (Reuters) - Fiat's Powertrain unit has bought 50 percent of Italy-based diesel engine manufacturer VM Motori from U.S. group Penske, thereby adding a newly developed V6 engine to its ...
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