No, and especially when it comes to diesel. When you see HP and torque measurements made by a gasoline powered car, most of the time the peak HP numbers are being produced at a very high RPM like 5500 or higher. So unless you're constantly driving like a bat out of hell, you're never really coming near those RPM's most of the time. What people don't realize is that if a car produces a lot of torque in the low end of the RPM spectrum like in 1st and 2nd gear, that's what really makes a car pull hard from a stop or rolling stop. So in the case of diesel cars that redline at 5000 rpm's or so, they produce a ton of torque in the low end.
That thing I said earlier about torque winning the race is supposedly said by Enzo Ferrari. Dude knew a thing or two about cars. If you grew up in the 60's and liked cars as a kid you would've heard plenty about torque. Muscle cars back then were pretty famous for producing the same amount, and many times MORE torque than hp. My Buick GS 455 was "rated" at 350hp, and 510lb torque. The torque in that engine made the car a rocket ship in its day and crush all of the other engines out there, to include the famous Hemi engines. In reality, Buick underrated the engine and when it got on a dyno it measured more like 420 hp and 510+ torque, but that's another story.