Prior to the global economic decline in 2007, Cummins had been developing a V-6 and V-8 engine platform that would have been an ideal fit for the Dodge Ram 1500. At the time, Cummins and Dodge were racing to compete with General Motor's 4.5L turbodiesel and Ford's "Lion" V-6 and V-8 engines, all of which were also scheduled for 1/2 ton applications. There were also rumors that the 5.6L V-8 Cummins could become available in the Ram 2500 and 3500, possibly even as a standard engine. Unfortunately, Cummins/Chrysler had to drop the campaign before their visions ever became a reality, as did the competing domestic automakers. The interest in a Cummins powered 1/2 ton pickup never died, but the pool of potential buyers shrunk and Chrysler's financial situation became dire. The plans were ultimately scrapped, and Ram Trucks (formerly Dodge) has since chosen to offer an alternative manufacturer's engine in their Ram 1500.