Dodge unveiled the new Magnum SRT-8 at the 2003 Greater Los Angeles Auto Show on January 2, 2003. The new vehicle represents Dodge’s entry into a new category of vehicle transportation called sports tourer.The Dodge Magnum SRT-8 is a concept vehicle that provides a strong hint at the first version of Chrysler Group’s next-generation of rear-wheel drive "LX" vehicles, according to the company. A production version similar to the concept vehicle will go on sale in 2004 under the Magnum name. The Dodge Magnum SRT-8 concept vehicle features a version of the 5.7-liter HEMI, producing an estimated 430 horsepower, and 480 lb.-ft. of torque.The vehicle features an independent five-bar rear-drive layout. The Magnum powertrain and suspension system work together for balance of performance and handling, using all four tire contact patches. An all-wheel drive version of the production Dodge Magnum will also be available.Inside the vehicle, the seating is raised two-and-a-half inches from Dodge’s current passenger cars, according to Trevor Creed, senior vice president, design. The center stack features a navigation system, with switches for heated seats located on either side of the central ash receiver. The 60/40 split rear seats stow in the floor and offer a fold-out armrest. The rear cargo area features an upper floor to create a flat-load floor with the rear seats stowed in the forward position. Storage on both sides of the floor offers deep pockets rearward of the wheels.