Fiat Chrysler unveils Made-in-India SUV, Jeep Compass in domestic market

Official launch in July, firm hopes to significantly ramp up India presence with this

Jeep Compass
Jeep Compass
BS Web Team New Delhi
Last Updated : Apr 12 2017 | 2:28 PM IST
In a bid to make a strong comeback into the Indian market, Fiat Chrysler Automobiles (FCA) India unveiled its indigenously-made SUV, Jeep Compass on Wednesday, and said that the vehicle would be officially launched in the country in July. The company, which currently has an insignificant presence in the the domestic market, says it will start production of the vehicle in June.

Business Standard had reported in February this year that the compant would be launcing its Made-in-India Jeep Compass in the third quarter of the current calendar year.

"We have moved into a new phase of growth and are sharpening the company's focus on customer-centric operations," Kevin Flynn, President and MD, FCA India, had said at that time.

The company has invested around $300 million in manufacturing and is planning to export the new jeep to UK, Australia, Japan and South Africa.

According to the company, Compass will provide the auto major an opportunity to build its brand and expand demand for its product in the jeep segment.

FCA will launch the Compass with a comprehensive line-up that will include a diesel, petrol, automatic and a 4x4 drivetrain as well.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story