Chrysler to end production of 300 sedan after rolling out limited edition V-8 model

Chrysler to end production of 300 sedan after rolling out limited edition V-8 model


2023 Chrysler 300C sedan

Chrysler

DETROIT — Chrysler will bid farewell to its once-prominent 300 sedan by resurrecting a limited edition performance version of the car for its last year of production.

The 2023 Chrysler 300C will be powered by a 6.4-liter V-8 Hemi engine that produces 485 horsepower and 475 foot-pounds of torque, according to the company. It’s expected to have a top speed of 160 mph and achieve 0-60 mph in about 4.3 seconds.

related investing news

Chinese EV maker BYD can rally nearly 40% after overtaking Tesla in deliveries, Barclays says

CNBC Pro
Chinese EV maker BYD can rally nearly 40% after overtaking Tesla in deliveries, Barclays says

The carmaker said it will only produce 2,000 of the cars for the U.S. and 200 for Canada. The starting price will be $55,000. Ordering reservations are available at reservation.chrysler.com, following the company unveiling of the car Tuesday night during the Detroit auto show.

2023 Chrysler 300C sedan

Chrysler

While crossovers and SUVs are in vogue with U.S. consumers, Chrysler was applauded for resurrecting the 300 — first introduced in 1955 — as a new model in 2005. Due to its strong design and road presence, including a large, checkered grill, it was dubbed a “mini-Bentley.”

Sales topped 100,000 units annually but have gradually declined to less than 17,000 units the past two years. It last offered a 300C model for the 2020 model year. The current top performance model of the 300 offers a 5.7-liter V-8 Hemi engine capable of 363 horsepower and 394 foot-pounds of torque.

Production of the 300 will end next year after the 2023 model year, according to Stellantis, Chrysler’s parent company. The car is produced in Ontario, Canada, alongside the Dodge Charger and Dodge Challenger cars, which also are ending production next year.

2023 Chrysler 300C sedan

Chrysler

Dodge unveils electric concept muscle car



Source

Homebuyers are backing out of deals at the fastest pace in nearly a decade
Business

Homebuyers are backing out of deals at the fastest pace in nearly a decade

A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California. Justin Sullivan | Getty Images Serious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate. More than 40,000 signed home purchase agreements were canceled in December, representing […]

Read More
UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan
Business

UPS to cut additional 30,000 jobs in Amazon unwind, turnaround plan

A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multiyear turnaround plan. CFO […]

Read More
Humana, UnitedHealth plunge 20% after Trump administration proposes keeping Medicare Advantage rates flat
Business

Humana, UnitedHealth plunge 20% after Trump administration proposes keeping Medicare Advantage rates flat

Stock Chart IconStock chart icon Humana shares in the past day The proposal entails a net average payment increase of 0.09% for Medicare Advantage plans in 2027, according to a release from the Centers for Medicare & Medicaid Services, or CMS, on Monday. That number is significantly less than Wall Street analysts’ expectations that the […]

Read More