Bye bye HEMI
#1
Bye bye HEMI
http://www.autoblog.com/2008/01/22/c...mi-powertrain/
It looks like the Hemi engine, an icon for the Chrysler Corporation, won't be included in forthcoming applications due to changing fuel economy standards. Rising gas prices have already hurt sales of vehicles featuring these engines, causing Chrysler to cut back production. Now co-president Jim Press has declared, "The Hemi is not the powertrain of the future." Similar to the direction taken by GM, Chrysler is banking on newly developed V6 powerplants to take the reigns from current V8 options. These Phoenix engines are scheduled to hit production in 2009.
It looks like the Hemi engine, an icon for the Chrysler Corporation, won't be included in forthcoming applications due to changing fuel economy standards. Rising gas prices have already hurt sales of vehicles featuring these engines, causing Chrysler to cut back production. Now co-president Jim Press has declared, "The Hemi is not the powertrain of the future." Similar to the direction taken by GM, Chrysler is banking on newly developed V6 powerplants to take the reigns from current V8 options. These Phoenix engines are scheduled to hit production in 2009.
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#7
Originally Posted by SMIGGS
Chrysler is privately owned and was sold off by Dodge ( Diamler? ).
They are basically 2 seperate companies now.
They are basically 2 seperate companies now.
I have never heard only Chrysler was sold, but Daimler kept Jeep/Dodge? Do you have a source? Otherwise I'd have to say Dodge & Jeep will be doing away with the HEMI too.
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#8
Originally Posted by V8EXPLR
Curious, everything I have read states Daimler sold Chrysler Group/Holding to Cerberus Capital Management of New York, which included Dodge & Jeep. Now Daimler still holds a 19 or 20 % share.
I have never heard only Chrysler was sold, but Daimler kept Jeep/Dodge? Do you have a source? Otherwise I'd have to say Dodge & Jeep will be doing away with the HEMI too.
I have never heard only Chrysler was sold, but Daimler kept Jeep/Dodge? Do you have a source? Otherwise I'd have to say Dodge & Jeep will be doing away with the HEMI too.
Private investment group Cerberus bought 83% of the Chrysler Division of Daimler/Chrysler (which includes Dodge, Freightliner, Sterling Trucks....and the REAL prize = Jeep).
Daimler-Benz AG retains 17%.
Last edited by NumberDummy; 01-22-2008 at 01:55 PM.
#9
Originally Posted by NumberDummy
It's now called the Chrysler Corporation.
Private investment group Cerberus bought 83% of the Chrysler Division of Daimler/Chrysler (which includes Dodge, Freightliner, Sterling Trucks....and the REAL prize = Jeep).
Daimler retains 17%.
Private investment group Cerberus bought 83% of the Chrysler Division of Daimler/Chrysler (which includes Dodge, Freightliner, Sterling Trucks....and the REAL prize = Jeep).
Daimler retains 17%.
At least you have vailidated my thoughts, since I was confused there for a moment. Thanks!
#10
So far...Cerberus has cancelled the Dodge Magnum, PT Cruiser and the Chrysler Crossfire.
Next to go (say Detroit insiders) Chrysler Aspen, Jeep Commander.
More cuts are coming after these two are gone.
The Hemi, despite rumors of cancellation, will be around at least two more years.
Forget the rumors = READ THE FACTS: thetruthaboutcars.com = Chrysler Death Watch.
IMHO: Cerberus will sell off all of the Chrysler Corporation sooner or later, with Dodge, Jeep and the others going to the highest bidder.
Cerberus bought Chrysler for ONE reason only, to get Chrysler Financial.
Next to go (say Detroit insiders) Chrysler Aspen, Jeep Commander.
More cuts are coming after these two are gone.
The Hemi, despite rumors of cancellation, will be around at least two more years.
Forget the rumors = READ THE FACTS: thetruthaboutcars.com = Chrysler Death Watch.
IMHO: Cerberus will sell off all of the Chrysler Corporation sooner or later, with Dodge, Jeep and the others going to the highest bidder.
Cerberus bought Chrysler for ONE reason only, to get Chrysler Financial.
Last edited by NumberDummy; 01-22-2008 at 02:06 PM.
#11
Originally Posted by NumberDummy
So far...Cerberus has cancelled the Dodge Magnum, PT Cruiser and the Chrysler Crossfire.
Next to go (say Detroit insiders) Chrysler Aspen, Jeep Commander.
More cuts are coming after these two are gone.
The Hemi, despite rumors of cancellation, will be around at least two more years.
Next to go (say Detroit insiders) Chrysler Aspen, Jeep Commander.
More cuts are coming after these two are gone.
The Hemi, despite rumors of cancellation, will be around at least two more years.
Aspen, I've seen a couple but many more Durangos and the Commander has some nice style, but like the Crossfire, Magnum and Aspen, I just don't see enough of them.
What about Jeeps new Compass and the other tiny SUV they recently released? I've barely seen any of them. Usually the Liberty, Cherokee and Wrangler.
#12
Originally Posted by NumberDummy
It's now called the Chrysler Corporation.
Private investment group Cerberus bought 83% of the Chrysler Division of Daimler/Chrysler (which includes Dodge, Freightliner, Sterling Trucks....and the REAL prize = Jeep).
Daimler-Benz AG retains 17%.
Private investment group Cerberus bought 83% of the Chrysler Division of Daimler/Chrysler (which includes Dodge, Freightliner, Sterling Trucks....and the REAL prize = Jeep).
Daimler-Benz AG retains 17%.
Sorry for the confusion V8 and RedStar!
On a side note, did you know Ford owns Cummins....
#13
Originally Posted by V8EXPLR
I could see the Magnum & Crossfire going, very rarely see them. But the PT is all over here, but I never liked them.
Aspen, I've seen a couple but many more Durangos and the Commander has some nice style, but like the Crossfire, Magnum and Aspen, I just don't see enough of them.
What about Jeeps new Compass and the other tiny SUV they recently released? I've barely seen any of them. Usually the Liberty, Cherokee and Wrangler.
Aspen, I've seen a couple but many more Durangos and the Commander has some nice style, but like the Crossfire, Magnum and Aspen, I just don't see enough of them.
What about Jeeps new Compass and the other tiny SUV they recently released? I've barely seen any of them. Usually the Liberty, Cherokee and Wrangler.
Sales are slim and none.
The Sebring sales are so poor, there's over a 180 day supply of them parked all over storage lots in Detroit.
A 30-60 day supply is the industry average.
Jeep Commander = Battlecruiser sized on the outside, rowboat sized on the inside.
The most cramped vehicle I ever tried to sit in = just horrible.
A sardine masquerading as a whale.
Last edited by NumberDummy; 01-22-2008 at 02:17 PM.
#14
Originally Posted by NumberDummy
The Hemi, despite rumors of cancellation, will be around at least two more years.
Forget the rumors = READ THE FACTS: thetruthaboutcars.com = Chrysler Death Watch.
IMHO: Cerberus will sell off all of the Chrysler Corporation sooner or later, with Dodge, Jeep and the others going to the highest bidder.
Cerberus bought Chrysler for ONE reason only, to get Chrysler Financial.
Forget the rumors = READ THE FACTS: thetruthaboutcars.com = Chrysler Death Watch.
IMHO: Cerberus will sell off all of the Chrysler Corporation sooner or later, with Dodge, Jeep and the others going to the highest bidder.
Cerberus bought Chrysler for ONE reason only, to get Chrysler Financial.
#15
Originally Posted by SMIGGS
I would think they would keep the Hemi afloat for as long as they can. I would imagine the "Hemi" name probably sold a truck or two.
Last edited by NumberDummy; 01-22-2008 at 02:26 PM.