Poland: Fiat to acquire GM stake in engine JV

General Motors has agreed to sell its 50% stake in Fiat GM Powertrain Polska to joint venture partner Fiat Powertrain Technologies (FPT). The engine manufacturing joint venture is located in Poland’s special economic zone of Bielsko-Biala. The partners say that the share transfer will not affect the day-to-day manufacturing operations of Subscribe to Automotive World … Continued

• By Webmaster
• February 4, 2010