CEO of Fiat Marchionne Says HEMI V-8's Are Not Needed
http://www.challengerblog.com/blog/1021 ... not-needed
Fiat, Italian car giant who employs some 200,000 workers and owns Ferrari and Maserati will soon take a 20% share of Chrysler when it comes out of bankruptcy court. With such a big share in Chrysler the CEO of Fiat Sergio Marchionne has already decided to throw his weight around saying he has plans to keep Chrysler's plants in southern Ontario running although changes might be on the horizon.
...
What may have many owners and enthusiasts up in arms are the comments Marchionne made about Chrysler's tried and true HEMI V-8 engine, "You just cannot afford to go around with 5.7-liter V-8's - you don't need them" Marchionne says. Comments like that send chills down the spine of HEMI fans as we really don't know what his full intentions are just yet.
...
His plans for Chrysler may include adding new fuel-efficient, cleaner burning engines which are currently under development at Fiat to the mix while phasing out less fuel efficient engines like the 5.7-liter HEMI V-8's found in the Dodge Challenger and Chrysler 300.