FCA India, the wholly owned subsidiary of Fiat Chrysler Automobiles, announced plans to roll out the locally-made Jeep Compass from its Ranjangaon plant by June 2017.
The company had invested $280 million on the project at its facility near Pune. The SUV, the first to be produced by FCA in India, is expected to enter the domestic auto market’s fastest-growing segment in the third quarter of calendar 2017.
“The local production schedule of the Jeep Compass is firmly on track and we are all set to begin local production of the Jeep brand’s global SUV by June ,” said Kevin Flynn, President and MD, FCA India. “The Jeep Compass will come with several industry-first features and will set benchmarks in the Indian SUV space.”
The company also announced two power train options that will be offered with the Jeep Compass – the 160+ HP, 250 Nm multi-air petrol and the 170+ HP, 350 Nm, diesel.
Jeep Compass is expected to be priced at about ₹20 lakh and will compete with existing SUVs such as Mahindra and Mahindra’s XUV 500 and Hyundai Motor India’s Creta.
