Beginning in January 2023, Jeep India will raise prices across all of its model offerings. Depending on the model and variant, the price increase will range from 2 to 4 percent. Starting with the Jeep Compass and Meridian and moving up to the Wrangler and recently introduced Grand Cherokee SUVs, every model in the brand’s lineup will be affected by the price increase.
Be aware that the Jeep Compass’s prices were changed as early as November of this year. The cost of the brand’s entry-level product increased by up to 1.20 lakh rupees. The model will now cost more due to the new increase. In its segment, the Compass is up against the Hyundai Tucson and Citroen C5 Aircross. The latter is a component of the Stellantis Group, which also owns Jeep and Citroen. The new year will also bring price increases across the board for Citroen India.
It’s noteworthy that only a few weeks after its debut, the new Jeep Grand Cherokee will also see a price increase. Last month, the company’s flagship SUV, with a starting price of 77.50 lakh, made its way to India (ex-showroom India). India is the first market outside of the US to have the luxury SUV locally assembled. The SUV is assembled locally at Jeep’s facility in Ranjangaon, Maharashtra.
The five-seater model’s diesel engine has been replaced with a new 2.0-liter, four-cylinder, turbocharged petrol motor with the new generation. The engine produces 400 Nm of maximum torque and 268 bhp when mated to an 8-speed automatic transmission. The four-wheel drive system distributes power to each wheel independently. Selectable terrain modes for the new Grand Cherokee include Auto, Sport, Mud/Sand, and Snow.
With a 10.25-inch digital instrument console, a 10-inch HUD, wireless charging, a 10.1-inch touchscreen infotainment system with Android Auto and Apple CarPlay connectivity, a 10.1-inch screen for the front passenger, and entertainment screens for the rear seats, the feature list is equally comprehensive. In addition, there are ventilated front seats, a powered tailgate, and more.
For the new year, automakers typically raise prices, and a number of participants have already signalled their intent to do so. This includes, among others, Tata Motors, Mercedes-Benz, Audi, Kia, Citroen, and Suzuki.