23.20 General Motors has sold the Turin Research Center to the Belgian multinational Punch Group.
Punch Group and General Motors announced that Punch Group has acquired GM’s propulsion engineering center in Turin.
Later, after this discussion, GM announced news from the corporate side it would be selling its Propulsion Engineering Center in Turin, to Punch Group. Doug Parks, GM’s executive vice president had this to add: I'm the Single Point of Contact for all Product Development Engineering Area in GM Turin site. The transaction between the two companies includes an engineering services agreement (ESA) 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.
PUNCH Torino. The agreement ensures the ongoing viability of the engineering center and employment of its workforce.
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. 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. If you are looking for parts, service, or GM vehicle support, please click here. Guido Dumarey (Punch Group) takes over the General Motors (GM) propulsion research center in Turin (Italy). Die Punch Group und General Motors haben bekannt gegeben, dass die Punch Group das Antriebstechnikzentrum von GM in Turin erworben hat.
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. 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.. Iscriviti per collegarti. 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 … 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: We reached out to GM, and a representative confirmed to us this is still the case.
The transaction between the two companies includes an engineering services agreement (ESA) to support GM’s global product programs through the end of 2021. 720 people work at the company, which is officially called General Motors Propulsion Engineering Center. Belgium-based Punch Group has acquired GM’s propulsion engineering center in Turin, Italy.
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. As GM has brought out new diesel engine architectures, the Turin center's importance has grown beyond Europe's borders. related to Components, M&A and JV deals, Service suppliers/supply chain, Vehicle manufacturers, General Motors, European PD Controls Coordinator GM Powertrain Europe. 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 …
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