FCA has announced a major expansion in India by announcing an investment of $250 million and will launch four new Jeep SUV products by the end of the year 2022.
Coming to the models, themselves, the first will be the 2021 Compass that will break cover on January 7, 2021. The second will be a new 7 seater Jeep SUV (codenamed H6) that will be locally produced in India and will launch in 2022. Additionally, the Jeep Wrangler and the new Grand Cherokee will be locally assembled at the car maker’s Ranjangaon production facility near Pune.
The Jeep brand made its debut in India in 2016 with the Grand Cherokee and Wrangler as CBU imports. The Jeep Compass was launched in India in 2017 and is exported to other markets around the world. Over the last five years, FCA has invested over $700 million dollars in Indian operations.
FCA India Managing Director, Dr. Partha Datta said, “Our new investment of $250 million will give us a competitive edge in multiple segments with our new Jeep SUVs rolling out of Ranjangaon. This investment is in addition to $450 million we have already committed to our Indian operations over the past five years. We are delighted to announce our exciting new products, coupled with our continued commitment to India in Jeep brand’s 80th anniversary year”
The 2021 Jeep Compass facelift that is set to be revealed on 7th January 2021 will come with styling updates, new interiors and more equipment.
