Dodge CEO explains why he's killing the brand's V8 muscle cars (2024)

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Dodge unveils nearly $100K Challenger, the brand's most powerful car ever

Fox News Digital automotive editor Gary Gastelu says it 'takes skill' to drive the 2023 Dodge 'Challenger SRT Demon 170.'

Dodge just had a mic-drop moment.

The Challenger SRT Demon 170, unveiled in Las Vegas on Monday night, is the most powerful muscle car ever.

The 900-horsepower coupe runs on gasoline but can produce 1,025 horsepower if it is burning E85 and can accelerate to 60 mph in a record-setting 1.66 seconds, making it the quickest production car in the world.

The $96,666 Demon 170 is also the last V8-powered car Dodge will ever make, before it launches its first electric model next year.

BENTLEY IS GOING ELECTRIC WHETHER YOU LIKE IT OR NOT

Dodge CEO explains why he's killing the brand's V8 muscle cars (2)

The 2023 Dodge Challenger SRT Demon 170 is he last V8 car model the brand will ever introduce. (Dodge)

Dodge CEO Tim Kuniskis says there is no turning back.

"The industry has invested half a trillion dollars into this [EV] transition," he told FOX Business.

"Everyone is loaded, everyone is ready, there are a lot of electrified products coming. Even if someone were wanting to make a change at this point, the train's left the station."

A production version of the electric Dodge Charger Daytona SRT concept is launching in 2024. (Bill Pugliano/Getty Image)

Dodge will still be selling gasoline-fueled models, including the Durango SUV and recently introduced Hornet compact SUV, which is available as a plug-in hybrid, but its muscle cars will be replaced by the production version of the Charger Daytona SRT concept that was revealed last year.

As far as American muscle cars are concerned, Chevrolet has not said what the future is for the Camaro, but is aiming to be an all-electric brand by 2035. Meanwhile, the new 2024 Ford Mustang is only available with gasoline engines, and Ford CEO Jim Farley told FOX Business there are no plans to turn the two-door Mustang into an electric car, because people in that market still like the experience of an internal combustion engine.

Dodge CEO explains why he's killing the brand's V8 muscle cars (4)

The Challenger SRT Demon 170 is so powerful it can pop a wheelie. (Dodge)

Kuniskis is well aware of that. The Challenger has outsold the Mustang, Camaro and Corvette for the past two years. Dodge sold around 55,000 in 2022, plus 80,000 Charger sedans, which are built on the same platform and available with V8 engines that offer up to 807 horsepower.

So why walk away?

Kuniskis said he asks anyone who is worried about the switch to name their favorite performance car from 1920 or 1930, which they usually cannot, while it is easy pickings from the 1960s onward.

"That's where we are right now with electric cars, we're just getting started," he said.

Dodge CEO explains why he's killing the brand's V8 muscle cars (5)

The Challenger SRT Demon 170 produces 1,025 hp when running on E85. (Dodge)

With a 1,000-horsepower GMC Hummer EV pickup on sale, beating the Demon 170 on power should not be a problem, but Dodge is going out of its way to make it a fun car. It features an unnecessary multi-speed gearbox to create the effect of shifting, a donut mode, a faux exhaust system that works similar to a pipe organ and other features aimed at amping up the entertainment.

"We sell based on attitude and what our cars deliver to the market," Kuniskis said.

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However, just because Dodge is done with V8-powered muscle cars doesn't mean all of its future cars will be electric.

Dodge CEO explains why he's killing the brand's V8 muscle cars (6)

The Charger Daytona SRT has an all-wheel-drivetrain. (Bill Pugliano/Getty Images / Getty Images)

Dodge's sister brand Jeep just introduced an all-new turbocharged inline-six-cylinder engine that is already available with over 500 horsepower, and Kuniskis has previously said that the Charger Daytona SRT's platform is capable of accommodating an internal combustion engine if warranted.

When asked if a new car like that could be on the way, he said he has a meeting with its dealers in Las Vegas on Wednesday where he will be sharing the brand's next five-year product plan.

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"I can't tell you what that is, obviously, but we have some exciting stuff coming," he said.

Dodge CEO explains why he's killing the brand's V8 muscle cars (2024)

FAQs

Why is Dodge getting rid of muscle cars? ›

Dodge CEO Tim Kuniskis has announced that the current versions of the Charger and Challenger will be their last, at least for the foreseeable future. Production officially ended in December 2023 due to the parent company's transition to cleaner and more efficient electric vehicles (EVs).

Is Dodge really getting rid of the V8? ›

The era of V8 muscle cars from the Big Three US car giants has ended, as the final Dodge Challenger and Charger V8s – as well as the Chrysler 300 – follow the Chevrolet Camaro into retirement.

Why is Dodge killing the Hemi? ›

Hemi V8 engine makers, Stellantis announced that they will discontinue this specific engine by the end of 2023 because of new emission laws and overall industry evolution.

Why is the V8 going away? ›

But while the V8 engine has evolved to create ever more power, and even relatively clean exhaust emissions, it can't keep pace with the aggressive fuel efficiency and CO2 regulations staring down the auto industry.

Is Chevy getting rid of the V-8? ›

GM just announced that it is investing multitudinous millions to prepare various GM facilities for the sixth-generation small block V-8 engine. GM's full-size trucks and SUVs (those are the vehicles GM mentioned, at least), will continue to get this powerplant.

Is Ram getting rid of the 5.7 Hemi? ›

With the 2025 Ram 1500 launch, Stellantis is retiring the 5.7-liter Hemi V8 engine option and replacing it with its all-new Hurricane family of V6 engines. But don't pout about the loss of pistons too long. The new engines offer more power and torque and improved fuel efficiency, the company says.

Will Ford keep the V8? ›

Ford has been able to continue to sell Mustang V8 models in part because it has invested in making the vehicles more efficient and it was early to adopt smaller, turbocharged four-cylinder engines that now make up about 48% of Mustang sales in the U.S.

Will Dodge have a V8 in 2024? ›

Dodge says production of all Hemi-powered Durango models will cease after 2024. Details about other Last Call models are to come. Heavy-duty Ram pickups might be the last bastion for the Hemi V8, although Hurricane power in the next-generation 2500/3500 Ram pickups would be a possibility.

What will replace the Hemi? ›

Goodbye Hemi. Hello, Hurricane. The 2025 Ram 1500 pickup is dropping the Hemi V8 from its order sheet and replacing it with a 3.0-liter turbocharged Hurricane inline six-cylinder. Ram will still offer the 3.6-liter Pentastar V6 with the eTorque mild hybrid system as its base powertrain.

Why did Dodge get rid of RAM? ›

So, why did Chrysler break up these two brands? This process allowed for more focused development of new models. Dodge created the Dodge Challenger to compete with the Chevy Corvette sports car, while the RAM lineup could focus on creating more powerful engines and more resilient builds for Spanaway jobs.

Will the 5.7 Hemi be available in 2024? ›

Put the 2024 Ram 1500 Classic to work. When equipped with the legendary available 5.7L HEMI® V8 engine, it can tackle the toughest jobs with a massive 1,810-pound maximum payload 1 and 395 horsepower.

Is Chevy making a new V8? ›

The company announced an $854 million investment on an all-new, sixth-generation small-block V-8 engine. It's a collective sigh of relief for V-8 engine fans, particularly since the sixth-generation V-8 will also power a ninth generation (C9) Corvette due in 2028.

What is the best V8 engine? ›

12 Of The Most Reliable V8 Engines Ever Made
  • Chevrolet Small Block 350 -- 1.3 million miles. ...
  • BMW S62 V8 -- 542,500 miles. ...
  • Ford Powerstroke 6.7-liter diesel -- 1.3 million miles. ...
  • Ford 5.0-liter Coyote -- 326,000 miles. ...
  • Chevrolet 6.6-liter Duramax Turbodiesel V8 -- 1.2 million miles.
Feb 18, 2024

Why muscle cars are dying? ›

This Golden Age lasted throughout the 1960s. But as the 1970s dawned, several factors conspired to kill the muscle car. The Oil Embargo of 1973 created a dramatic rise in fuel costs, effectively pricing thirstier muscle cars off the road.

Are Dodge muscle cars going away? ›

Dodge is discontinuing the Challenger muscle car at the end of 2023. It's sending off the iconic car with an outrageously quick and powerful special-edition model. Dodge will make 3,000 Challenger SRT Demon 170s for the US. They'll cost a devilish $96,666.

Is Dodge making muscle cars anymore? ›

Dodge plans to stop making its Charger and Challenger sedans in 2023, as electric vehicles supplant the fabled muscle cars. Parent company Stellantis said Monday that it will halt production of the Dodge Charger and Dodge Challenger in December 2023.

What muscle car is Dodge bringing back? ›

Dodge unveiled its next-generation muscle car this week, confirming what enthusiasts have known (and largely dreaded) for years. Like so many brands, Dodge is charging ahead with an electric product plan, starting with its 2024 Charger Daytona R/T and Charger Daytona Scat Pack.

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