Will the Challenger be a short lived muscle car because of gasoline prices?
My biggest concern as a result of the news in the Middle East is that gasoline prices could soar since the war is expected to get worse
especially if Syria starts getting attacked. This could cause cause the Dodge Challenger to be a short lived muscle car if prices go to $5.00/gallon.
I know these may sound negative but I think this could become reality.
Published: Friday July 14, 2006
KNIGHT RIDDER PHOTO/RANDY ELI GROTHE
Terry Box poses in Sanger, Texas, with his 2007 Shelby Mustang GT500 which is in high demand. The model may be one of the last muscle cars from American automakers.
Fade of American muscle cars challenges automakers
McCLATCHY TRIBUNE
TULSA, Okla. - Rushing through torrential rain on Interstate 44, the Shelby Mustang GT 500 splashes smoothly through road pools at speed.
This extreme 500-horsepower muscle car - the newest factory hot rod from Detroit - weathered that storm with ease and grace. But the GT 500 and other domestic muscle cars may face tougher tests ahead.
Although demand for the GT 500 is so high that it has pushed the car’s $42,000 base price to $50,000 or more at many dealerships, some industry observers think it could be the last 500-horsepower muscle car to come out of Detroit.
With gas prices high and baby-boomer buyers nearing retirement, the sun may be setting on traditional American muscle cars.
The genre was born more than 40 years ago and revived in the early ’90s with the Dodge Viper, whose V-10 engine now pumps out 520 horsepower.
Moreover, as General Motors Corp. and Ford Motor Co. struggle financially, the money to develop these cars may be limited - particularly if the number of potential buyers is dwindling.
‘‘I think there is a built-in demographic for these cars now,’’ said Michael Jordan, chief of Automobile magazine’s Los Angeles bureau, who wrote a story on muscle cars for the July issue.
‘‘But it’s totally correct to say this is not a big boom market. I just don’t see more of the (500-horsepower cars) coming from Detroit.’’
Though no one is predicting the imminent demise of all muscle cars, their slow fade could pose a significant challenge for Detroit.
Although the cars primarily appeal to over-50 buyers, they are the Big Three’s main ‘‘halo’’ vehicles - attention-grabbers for the entire brand.
Without high-profile cars like the GT 500 - which should arrive at dealerships within 60 days - and the Z06 Corvette, the Dodge Viper and Charger SRT-8, ‘‘the domestics are left with nothing in the way of halo vehicles,’’ said Wes Brown, an analyst at industry consultant Iceology in Los Angeles.
‘‘I don’t know if we are at the peak or not,’’ he said. ‘‘I guess it will be determined by how well these cars are executed.’’
‘‘I don’t see the Europeans backing away from selling luxury cars with these massive V-8s and huge horsepower,’’ Brown said. ‘‘But that’s low volume.
‘‘If you want to keep your (sales) volumes high, there could be some resistance to bigger V-8s with high horsepower, particularly if gas stays high.’’
Muscle cars may evolve into smaller, lighter, more economical vehicles that appeal to younger buyers, but they won’t fade away altogether, predicted Jim Sanfillippo, executive vice president of industry consultant AMCI Inc. in Bloomfield Hills, Mich.
‘‘Do these cars have a bright future?’’ Sanfillippo said. ‘‘No. But they were always a niche. What you will see in the future is smaller-displacement V-8s, direct injection for power and efficiency, lighter materials. They may be different from today’s muscle cars, but they will still be muscle cars.’’
With the arrival of the GT 500, four domestic vehicles now have at least 500 horsepower - including the Corvette Z06, Dodge Viper, and Dodge Ram SRT-10.
Sales of those low-volume, ultra-high-performance vehicles are likely to slow first, industry officia
__________________
For I know the plans I have for you," declares the LORD, "plans to prosper you and not to harm you, plans to give you hope and a future. Then you will call upon me and come and pray to me, and I will listen to you. You will seek me and find me when you seek me with all your heart.