Russian automaker GAZ buys half of Italian diesel specialist VM Motori

Yes, the car you see above is the Chrysler Sebring the new Volga Siber and I chose the image to illustrate the efforts of GAZ to become an important automaker. GAZ has bought 50 percent of the Italian diesel manufacturer VM Motori from its previous owner Penske Corporation. Who is the owner of the other half of the shares? GM. VM Motori is currently supplying diesel engines for Opel and Chevrolet, like the 2.0-liter diesels under certain European models. VM Motori is also working on the development of a new 3.0-liter for Cadillac. GM also develops its industrial diesel developments in South-East Asia with the Italian specialist. GAZ expects to move some VM Motori production in Russia, which would be installed into the Gazelle and Maxus vans. This future manufacturing facility in Russia could also supply other manufacturers.

[Source: Le Blog Auto]

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