News - Holden

GM-VM diesel deal

Distilled: Captiva's diesel is manufactyured by VM Motori.

General Motors buys 50 per cent of VM Motori, builder of the Holden Captiva's diesel

Holden logo27 Jul 2007

GENERAL Motors has moved to cement its relationship with VM Motori, announcing last week that it had reached a joint-venture agreement with owner Penske Corporation last week to purchase a 50 per cent stake in the Italian diesel-engine engineering and manufacturing firm.

VM Motori diesels are used in an increasing number of GM vehicles, including the Captiva SUV sold in Australia, and development work is continuing on a new 2.9-litre V6 turbo-diesel scheduled for launch in the Cadillac CTS in Europe in 2009.

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