By Drew Johnson
Thursday, Aug 30th, 2012 @ 10:01 am
 
The White House's signing of a new 54.5mpg standard by 2025 might as well have included an epitaph for the V8 engine. A top industry executive says the new rules will make it nearly impossible to produce V8-powered vehicles within a decade.

The new regulations will save owners about $1.7 trillion at the pump, but the standard will cost gear heads much more in the long run - V8 powered cars like the Dodge Charger, Ford Mustang and Chevrolet Camaro. According to Chrysler CEO Sergio Marchionne, vehicles with eight-cylinders under the hood will soon become "rare as white flies."

"Everything is on the table," he told the Detroit Free Press. "We are struggling with some big choices we need to make."

The most fuel-efficient V8-powered passenger cars currently average about 20mpg, which is well below the 54.5mpg standard's real-world 40mpg average. The addition of eight- and nine-speed gearboxes should ensure V8 stick around for the short term, but you better get your fix while you still can.