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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)