personally

• Chris Chilton
• 2024-12-12
• Auto Show News
• (0)

Former CEO Tavares personally killed Hemi V8, Stellantis

Portugal-born former CEO reportedly ignored pleas from other executives to continue making V8 go through Chris Chilton 21 hours ago Former Stellantis CEO Carlos Tavares personally helped kill off the legendary Hemi V8, former colleagues say. "Everyone wants to keep (the Hemi)," a Stellantis source told CNBC this week following Tavares' departure. The Hemi V8 is still available as a crate engine and in select body-on-frame models, but is no longer available in the new Charger. Carlos Tavares resigned as CEO of Stellantis last week, and investors will remember him as the man responsible for the automaker's declining profitability and dealers as the man who made too many of inventory and uncompetitive suggested retail prices. But according to insiders, Tavares' legacy also includes personally killing off the legendary Hemi V8 in the face of huge internal and external opposition. "Everyone wants to keep (the Hemi)," an unnamed Stellantis executive told CNBC. "But the question is 'You need to be more…