Ralph Gilles, big boss of the Dodge car brand has dropped some big news on the Viper in a very recent interview. After going back and forth for the past 18 months on what to do with Viper, Chrysler has decided that production of the current Viper will end in July 2010. But before that happens, 500 final cars will be built that will apparently be the most special Vipers ever. Gilles stated that the company wanted to preserve the value of existing Vipers by not simply continuing the current generation indefinitely. He talked it up but didn’t give any real details on what would make the final 500 cars so special.

However, Viper fans don’t need to go into mourning just yet. Gilles also revealed that an all-new sports car is being developed with a launch targeted sometime in 2012. It gets better, the replacement Viper will be getting some help from Chrysler’s new Italian brothers Fiat. This may mean that Ferrari could be involved in development of this mysterious new model. Muscle car fans everywhere will be hoping Chrysler retains the Viper’s raw nature in the new generation.