Jeep Compact SUV in works, target price under Rs. 10 lakh

Interestingly, Mike Manley, head of the Jeep brand, has stated that the American automaker is considering a compact SUV priced under Rs 10 lakh for emerging markets like Brazil, China and India.

jeep-compact-suv-for-india-under-rs-10-lakh

2005 Jeep Cherokee Renegade pictured for representational purpose only

The brand head has also commented that this upcoming compact SUV from Jeep will be priced similar to the top-end Ford EcoSport. If given the green light by parent company, India is likely to be a global manufacturing hub for producing the said right-hand-drive compact SUV.

Mike Manley is also strengthening their partnership with Tata Motors in the country to enhance sharing of technology, engine, transmission and platform components. The Ranjangaon Plant is a part of the current Tata-Fiat Joint Venture, which has been modified with USD 280 million investments to roll out Jeeps from next-year.

If launched, this compact SUV will become the new entry-level model in Jeep’s portfolio.

 
To read more on Jeep India, Click here

 

Also seeFiat Chrysler Automobiles has big plans for Jeep in India

 

Source: ET Auto