Italian engine builder produces diesel mills for Ram, Grand Cherokee
VM Motori, the Italy-based diesel engine manufacturer, has now come under the full control of Sergio Marchionne’s Fiat S.p.A., reports CarAdvice.
The engine builder was co-owned by Fiat and General Motors, but the General has sold its share in the company to Fiat for €34.1 million ($48.94 million CAD).
The move as seen as a way for Fiat to control who has access to VM Motori’s engines and to shore up its own component pipeline.
It was rumoured GM could crib the same 3.0L oil burner for its full-size trucks Chrysler will be putting in the Ram 1500 for 2014. With this acquisition, if General Motors does plan to give their full-size lineup the ability to burn diesel, the engines are more likely to come from commercial partner Isuzu.
The Ram 1500 3.0L EcoDiesel is expected to go on sale in early 2014.