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Matt Rigney
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Matt brings to the table a very intimate knowledge of modern Mustangs, Camaros and Challengers not only from the books in his collection but from...
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Fiat, the 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. On a recent tour of the Ontario plants Fiat officials said operations are run efficiently and the product they turn out is high quality leaving them no reason to shutter the plants.
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.
What does all this mean you may ask, well not much as we really don't know how much power and control Fiat will actually have after Chrysler comes out of bankruptcy.
Source: TheCanadianPress.com
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By Tom Posted: 6/1/2009 6:35pm PDT
By Fred S. Posted: 6/3/2009 7:46pm PDT
By M. Posted: 6/10/2009 11:04am PDT
By M. Posted: 6/10/2009 11:09am PDT
I just hope the Hemi survives until June of next year! That's when I get my Army enlisting bonus!
By ds Posted: 6/11/2009 2:11pm PDT
By JTR Posted: 6/12/2009 8:23am PDT
By Jay Posted: 6/12/2009 11:21am PDT
By Marc Posted: 6/12/2009 3:06pm PDT
By BobW Posted: 6/18/2009 1:23pm PDT
FIAT = Italian VW Stick to building the euro-trash cars and we will build our cars!
By PYHRRHO Posted: 6/21/2009 11:01am PDT
By btlh2oguy Posted: 9/16/2009 5:38pm PDT
How many of us bought a car with the Hemi?
By Jack Posted: 6/10/2010 8:45am PDT
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