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.
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