Stellantis Unveils $10 Billion Investment Plan to Revive Iconic V8 Muscle Car and Boost US Division

Stellantis management team, led by new CEO Antonio Filosa, announced $5 billion of new funding for North American activities earlier this week, as stated by Bloomberg. With this allocated fund, the new management thinks it will help the company regain its market position and improve overall business health.

Stellantis has come up with a new plan to boost profits, and one of the core strategies is to blast from the past. The leading automaker now aims to invest a whopping $10 billion in its US division. Some of this amount will also be used to revive the iconic V8 muscle car in Dodge’s lineup.

Stellantis management team, led by new CEO Antonio Filosa, announced $5 billion of new funding for North American activities earlier this week, as stated by Bloomberg. With this allocated fund, the new management thinks it will help the company regain its market position and improve overall business health.

The investment will benefit Stellantis’ brands like Jeep as well as Chrysler, which is likely to get more models rather than just having minivans in its portfolio. One of the exciting things about this news is the strategy to revive the Dodge V8 muscle car.

Last year, Dodge reported that the old Hemi V8 from now-discontinued Challenger and previous generation Charger will not fit in the architecture of the new Charger, which is built around the Stellantis STLA Large platform and designed to fit either the Hurricane inline six-cylinder engine or electric motors.

But earlier this summer, Dodge CEO Matt McAlear also hinted that the flagship Hemi V8 engine can be tuned to fit in the structure of the new Charger. Reports also state that Dodge may re-release a Hellcat-style model, possibly reintroducing HEMI-powered heritage that made its muscle cars popular in the global market.

Previously, Dodge also tried bringing an all-electric Charger Daytona SRT Banshee with 900 horsepower. However, after understanding customer intent of considering the V8 option instead of the all-electric setup, the brand has again shifted its focus to develop twin-turbo inline six and V8 engines that would power the next generation of Charger range.

Vittori and Pininfarina Unveil Exclusive AI-Designed Hypercar: Limited to 50 Units

Vittori hypercar has been optimized for high-end performance that customers expect from any Italian supercar. It gets a naturally aspirated V12 engine, which is codeveloped with Italtecnica, placed beneath the chiseled rear deck.

A brand new Italian hypercar, an innovative product developed by ambitious startup Vittori and fabled design house Pininfarina, has been confirmed to make its global debut. As per the official details, Vittori and Pininfarina’s all-new hypercar will be available in only 50 units.

It will be the world’s first-ever supercar to be designed with the assistance of artificial intelligence, making this V12 engine-equipped, cutting-edge vehicle not only exclusive but also one of the most advanced products available in the market. The brand has actively employed AI throughout the design process of the vehicle, allowing Pininfarina’s expert team to investigate the aerodynamic shapes, surfaces, and ratios.

Related: Ferrari Elettrica EV Platform Unveiled with 1000 HP and 530 Km Range

Vittori hypercar has been optimized for high-end performance that customers expect from any Italian supercar. It gets a naturally aspirated V12 engine, which is codeveloped with Italtecnica, placed beneath the chiseled rear deck. Vittori has confirmed that it will be using hybrid powertrain technology in its upcoming hypercar.

By visuals and design, it will look as stylish and futuristic as other flagship Italian models are. For instance, it will get dramatic but elegant lines, a low slung position, and aerodynamic folds. There will be aggressive styling and functional air intakes to ensure bold presence on road and track driving and unmatched performance efficiency.

While the model name is not revealed, Vittori unveiled the cabin details of its cutting-edge innovation. The brand has focused more on an analog feeling with the addition of physical controls rather than offering a fully digital cockpit. However, there is a touchscreen to access and control the necessary vehicle controls and maximize the driving comfort.

Vittori has officially confirmed that the manufacturing of this new product will be done in Italy, whereas the deliveries are expected to begin in 2027. Only 50 units of the Vittori hypercar will be produced for global clients.

With the use of AI technologies, Vittori and Pininfarina have tried and succeeded in lowering the design and development time of a new supercar by ensuring the model outranked in global luxury performance vehicle design and performance benchmarks.