With Cerberus now in control of Chrysler, the company is planing a complete turnaround of the under-performing brand. While the transformation will include extensive cost cutting and heavier scrutiny for upcoming models, such as the scrapping of the Imperial sedan last month, it looks as though some exciting models might make it to production.

In an interview with Wards Auto, Chrysler’s Design Chief Trevor Creed said that the Demon is at the top of his agenda and that conditions are ideal for the car to get a green light. Chrysler has yet to release official plans to make the Demon, but it sounds as the car is on the right track to make production.

Chrysler exhibited the all-new Dodge roadster concept, called the Demon, at the Geneva Motor Show in March. The vehicle is designed to compete with the popular Pontiac Solstice and Saturn Sky, as well as the Mazda MX-5.

“While the iconic Dodge Viper is a dream car for many, the Dodge Demon is designed to be an attainable dream car,” said Jae Chung – Dodge Demon Principal Exterior Designer, Chrysler Group. “The exterior design is simple yet bold, featuring an energetic combination of curves and intersecting planes.”

Power comes from a 172 horsepower 2.4 liter engine, offering peak torque of 165 pound-feet. A six-speed manual sends power to the rear wheels. Weight is estimated a 2600 pounds. Dodge officials say an SRT version could also be offered with a 300 horsepower four-cylinder from the Dodge Caliber SRT-4.