related to Components, M&A and JV deals, Service suppliers/supply chain, Vehicle manufacturers, General Motors, For those of you that aren't aware the Torino Propulsion Group is the Diesel Engineering Center in Turin, Italy, that developed the new 3.0 Straight Six Diesel Engine found in the new Sierra, Silverado and will be offered in the upcoming Tahoe/Suburban, Escalade and Yukon. GM's engineering center, present in Turin for 15 years, is a worldwide excellence in the research and development of diesel engines and control units. Punch Group has acquired GM's propulsion engineering centre in Turin. 720 people work at the company, which is officially called General Motors Propulsion Engineering Center. An … A CENTRE OF EXCELLENCE – The GM Powertrain Europe Turin represents a level of excellence in the field of development of diesel engines, employs about 700 workers, mostly engineers and technicians and was the last european reality of GM after the sale of Opel.The acquisition was announced in a joint note between the two groups, which said that the transaction also includes an … If you are looking for parts, service, or GM vehicle support, please click here. PUNCH Torino. Punch Group and General Motors announced that Punch Group has acquired GM’s propulsion engineering center in Turin. While the Punch Group has acquired GM's engineering center in Turin, it won't be getting the license to the Blackwing V8 in the process, even though it will have an agreement with GM … Guido Dumarey (Punch Group) takes over the General Motors (GM) propulsion research center in Turin (Italy). 720 people work at the company, which is officially called General Motors Propulsion Engineering Center. As GM has brought out new diesel engine architectures, the Turin center's importance has grown beyond Europe's borders. Later, after this discussion, GM announced news from the corporate side it would be selling its Propulsion Engineering Center in Turin, to Punch Group. It specializes in diesel engines but also develops electronics, control systems, fuel cells, and it researches artificial intelligence. Guido Dumarey (Punch Group) takes over the General Motors (GM) propulsion research center in Turin (Italy). 23.20 General Motors has sold the Turin Research Center to the Belgian multinational Punch Group. The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. The agreement ensures the ongoing viability of the engineering center and employment of its workforce. Die Punch Group und General Motors haben bekannt gegeben, dass die Punch Group das Antriebstechnikzentrum von GM in Turin erworben hat. GM PRIVACY STATEMENT This contact form is intended for current and prospective U.S. and international business customers in search of GM engine and/or transmission solutions. This transaction appears to have had a pronounced effect on the Turin-based operation’s playing field; once our story went live, a General Motors representative emailed us with the following statement, casting doubt on the deal: The transaction between the two companies includes an engineering services agreement to support GM’s global product programmes through the end of 2021. This agreement between the two intends to ensure the continuity of key GM programs, at least through the end of 2021. We reached out to GM, and a representative confirmed to us this is still the case. related to Components, M&A and JV deals, Service suppliers/supply chain, Vehicle manufacturers, General Motors, TURIN, Italy-- Punch Group and General Motors announced today that Punch Group has acquired GM's propulsion engineering center in Turin.The transaction between the two companies includes an engineering services agreement to support GM's global product programs through the end of 2021. Punch Group and General Motors announced that Punch Group has acquired GM’s propulsion engineering centre in Turin.
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