DaimlerChrysler AG will enter the police car market in September 2005 with a modified Dodge Magnum sport wagon powered by 340 hp Hemi engine. A tight economy will make it hard for DaimlerChrysler–or any automaker–to make big returns on fleet sales to the police market. Sales of 60,000 units per year are dominated by Ford’s Crown Victoria, which has eighty-five percent of the market.
Background
Hemi engine first designed as V-16 for fighter planes
NASCAR banned the dominant Hemi in