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FCA Invests $250 Million to Launch Four New Locally-Produced Jeep SUVs In India By 2022.

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Jeep India has committed this investment towards the production of four new Jeep SUVs, which includes the new 2021 India-made Jeep Compass, locally produced three-row Jeep SUV, Wrangler and new-gen Grand Cherokee.

FCA India today officially announced an expansion of local product line-up for the Indian market, by making an investment of more than $250 million. The carmaker has committed this investment towards the production of four new Jeep SUVs, which includes the new 2021 India-made Jeep Compass, locally produced three-row Jeep SUV, Wrangler and new-gen Grand Cherokee. All four new products will be launched in the Indian market by the end of next year.

The carmaker also announced that both the Jeep Wrangler and the next-generation Grand Cherokee flagship SUVs will be locally assembled in FCA’s joint venture manufacturing facility in Ranjangaon. This means both the SUVs are expected to become cheaper in terms of pricing once locally produced. The announcement of four new Jeep SUVs rules out the Renegade for now. Moreover, the launch of the already announced subcompact SUV is likely to be deferred beyond 2022.

The 2021 Jeep Compass facelift will be unveiled in India on January 7, while the production has already commenced. Jeep’s luxury seven-seat mid-size SUV, which is codenamed H6, will go on sale in 2022. It will be positioned between Compass and locally-produced Grand Cherokee in Jeep’s product portfolio. It will compete against the like of Toyota Fortuner despite a mid-size offering.

Commenting on today’s announcement, 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.”

He further said, “We are determined to increase locally-made componentry in our vehicles which are produced in our joint venture manufacturing facility. Our plans in India are aimed at increasing the value proposition for customers through our products and services, working hard on customer satisfaction and unlocking business opportunities for our business partners.”

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Improved version of Hyundai Creta launched in Indian market: Check it out here

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Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.

The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –

– Smart panoramic sunroof

– 16-inch black alloy wheels

– Smartphone wireless charger

– Rear Disc Brakes

– Electronic Stability Control (ESC)

– Vehicle Stability Management (VSM)

– Hill start assist control (HAC)

– Paddle shifters

– Metal pedals

– Electric and auto-folding ORVMs

– Power window auto up/down

Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.

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