DaimlerChrysler AG has an all-new V-8 engine under development for Chrysler- and Dodge-badged passenger cars, a high-level insider tells Ward's. The new V-8, part of a huge $7 billion-plus powertrain investment program planned between now and 2003, marks a policy reversal. Previously, executives have said DC did not need a passenger car V-8 for Chrysler and Dodge. It is believed the $7 billion is earmarked strictly for Chrysler/Dodge-brand programs and does not cover powertrain projects ...

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