Well it says Fiat/GM owns it, but it gets a little more fuzzy than that.
From Wikipedia.
Detroit Diesel Corporation (DDC) bought VM Motori in 1995.
In 2000 the DDC was purchased by DaimlerChrysler AG.
In 2003, Penske Corporation purchased a 51% stake in VM Motori; in 2007, Penske bought the remaining 49% from DaimlerChrysler and subsequently sold 50% of it to General Motors. [1] As of 2007, both deals were awaiting European regulatory approval and the value of the deal was not known.
In September 2008, GAZ Group announced plans to purchase a 50% stake from Penske Corp. [2] but ultimately cancelled them in February 2009. [3] January 11, 2011 Italian newspaper Corriere della Sera published news that Fiat S. p. A. is about to purchase 50% stake from Penske. [4] In February 11 Fiat Powertrain Technologies confirmed it has bought the 50 percent stake. [5]
From Wikipedia.
Detroit Diesel Corporation (DDC) bought VM Motori in 1995.
In 2000 the DDC was purchased by DaimlerChrysler AG.
In 2003, Penske Corporation purchased a 51% stake in VM Motori; in 2007, Penske bought the remaining 49% from DaimlerChrysler and subsequently sold 50% of it to General Motors. [1] As of 2007, both deals were awaiting European regulatory approval and the value of the deal was not known.
In September 2008, GAZ Group announced plans to purchase a 50% stake from Penske Corp. [2] but ultimately cancelled them in February 2009. [3] January 11, 2011 Italian newspaper Corriere della Sera published news that Fiat S. p. A. is about to purchase 50% stake from Penske. [4] In February 11 Fiat Powertrain Technologies confirmed it has bought the 50 percent stake. [5]