In a recent interview, Chrysler-Lancia CEO Saad Chehab revealed the company will not build a new 300 Touring.

In a recent interview, Chrysler-Lancia CEO Saad Chehab revealed the company will not build a new 300 Touring.

Speaking with AutoCar, the executive said "sales in the US, for estates, are too slow to justify the development costs."

While this is sad news, Chehab hinted the 300C SRT8 - which features a 6.4-liter HEMI V8 with 465 hp (347 kW / 471 PS) and 465 lb-ft (630 Nm) of torque - could be offered in Europe.

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Chrysler 300 Touring axed - report