Chrysler's Jim Press says Phoenix V6 engine still on
One of the many problems with Chrysler's product lineup is the aging powertrains. The six cylinder engines in particular are in desperate need of revamp, a project that the company announced it was working on in early 2007. Unfortunately, last week it appeared that amid all the financial market turmoil and discussions of a merger with GM the program had been killed. This week, Chrysler President Jim Press denied those reports and claimed that the Phoenix engine program was still very much in progress. The Phoenix engines are expected to be a thoroughly modern design with variable valve timing and direct fuel injection. The new engines should be significantly more fuel efficient and refined than Chrysler's current engines, but the program was expected to cost $3 billion including two new engine plants to build them for the 2010 model year. If a deal does happen, it seems likely that the engine program may yet be canceled.
[Source: Reuters]
Reader Comments (Page 1 of 1)
gorr 4:58PM (10/24/2008)
LOL, this is a desperate solution, investing 3 billions in a declining market to replace something they already have, v6, and maybe just help get a 5% increase in fuel economy or maybe 10%. With their poor sales they will never get their invesment back. Their problems is that they don't do what i told them to do in the past. They had trouble in the30's, 40's, 50's, 60's, 70's, 80's with their engine to start them when it was humid and cold and it took them boosch to resolve this problem, LOL. They rejected my idea of putting on the market cars propel by hydrogen to satisfied big oil and goverment, then die happy by goverment and big oil. Consumers have rejected big old farts gazguzzler compagnies like chrysler, Gm, ford, toyota, etc. They buy just the necessary because they are tire of gasoline and just gasoline cars are proposed by regular car compagnies and the green cars are even worst like tesla and zenn, LOL. The future is in restored used cars like a old neon for 500$. U.S.a will look like mexico and cuba in a couple of years with just very old third hand
car in the streets.
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Brent 5:29PM (10/24/2008)
I am glad you have all of the answers. I am happy they are making new engines.
rob 11:07PM (10/24/2008)
Meh. This is just Cerebrus negotiating a better purchase price for Chrysler.
Except it's irrelevant. Both Nissan/Renault and GM have quite nice 3.5-3.7L V6's. Either place Chrysler ends up, any innovations they've made will just get incorporated into those existing designs. WAY cheaper than building a whole new engine.
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Mike G 10:35PM (10/25/2008)
Yes, I agree, these V6 engines would have been a great idea six years ago but right now they're going to be redundant when Chrysler gets bought.
And hey, not to be too optimistic, but the future is electric engines and lithium ion battery stacks, not V6 oil burners.
Phyllis 9:55AM (12/04/2008)
Why should we be paying for the fact that you are still in the dark ages?
Why are we still using fossil fuel to get around in after all this time.
Who bailled out the steam engines or the coal engines.
We don't heat our houses or cook the way we did when the combustion engine was first created. You are the only industry that is still trying to survive with past tecknology.
You can have my money when you come into the 21 century.
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