Jeep sales expected to grow 50% by 2027
From CNBC: 2024-06-13 14:09:38
Stellantis plans to increase global Jeep sales by 50% in next three years, expanding to 1.5 million units by 2027. The brand aims to introduce 27 new powertrain options to accommodate traditional engines, hybrids, plug-in hybrids, and all-electric vehicles. Growth primarily targeted in North America, promising new EV models and plug-in SUVs.
Jeep prepares to launch the Wagoneer S EV and off-road Recon this year. An unnamed midsize SUV will replace the gas-powered Cherokee next year. Plans for plug-in versions of Wagoneer and Grand Wagoneer SUVs are in the works. A $25,000 Jeep Renegade EV is expected by 2027, aligning with an industry push for affordable electric vehicles.
Jeep joins NYSE, highlighting a shift towards EV production. A $25,000 EV model will compete with other automakers in the market like Tesla. Jeep’s global sales are on the rise, with promising sales figures in the first quarter. New EV lineup demonstrates brand commitment to sustainable, affordable vehicles.
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