Mon. Sep 26th, 2022

Jeep India will launch two new merchandise within the nation this 12 months, beginning with the Compass Trailhawk in February. Jeep presently affords two merchandise in its India portfolio – the Compass and the Wrangler.

By :
HT Auto Desk

09 Jan 2022, 17:36 PM

File picture of Jeep Compass 2021

Jeep India is constructive in regards to the outlook of the home car trade and plans to launch new fashions within the nation this 12 months. The corporate noticed a progress of 130 per cent final 12 months regardless of a tough 12 months as a result of pandemic in addition to a scarcity of elements.

Jeep India head Nipun Mahajan instructed PTI that the carmaker additionally expects the market to develop additional regardless of considerations over the affect of the Omicron variant. The corporate final 12 months offered 12,136 models of the facelifted model of the SUV Compass and powered by the domestically assembled Wrangler. Whereas it offered 5,282 models in the identical interval a 12 months in the past. This exhibits a rise of 130 % within the gross sales of its automobiles.

(Additionally Learn | The letter on this Jeep Wagoneer isn’t your regular badge)

Jeep presently has two merchandise in its Indian portfolio – the Compass and the Wrangler. Whereas it has been producing the Compass at its Ranjangaon facility close to Pune since June 2017, it began local-assembling the Wrangler from the identical facility from mid-March final 12 months. Mahajan instructed PTI, “We’re very constructive in regards to the outlook as a result of power available in the market.

He stated that sectors grew 20 % in 2021 over 2020, including that he would “the market will develop (additional).” “Positive, there might be some glitches, as we’re beginning with Omicron, however regardless of that, the Indian client has the potential and want for the automotive trade to develop. This can assist the market develop by 2021.”

Mahajan additional stated that Jeep India has already invested $250 million to develop new merchandise and can proceed to spend money on new merchandise right here. “2022 goes to be an enormous 12 months for us as we launch two new merchandise. And we are going to see a number of motion on the Compass as effectively, beginning with the Compass Trailhawk in February this 12 months,” he added.

First printed date: 09 Jan 2022, 17:35 PM IST

Supply hyperlink