Press Release: Mergers: Commission clears acquisition of a stake in Italian engine manufacturer VM Motori by Fiat

The European Commission has cleared under the EU Merger Regulation the acquisition of joint control over the Italian diesel engine manufacturer VM Motori S.p.A. by Fiat S.p.A. and General Motors Company of the US. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.