Jeep unveils the 2026 Cherokee, featuring the first Jeep hybrid system and Stellantis’ new 1.6-liter turbo-four hybrid powertrain, aiming to boost sales after six years of decline. The model offers more cargo capacity, a technology-filled interior, and will be priced at $36,995. Production will take place at Stellantis’ Mexico plant.

Stellantis CEO, Antonio Filosa, working to recover Jeep’s market share and navigate President Trump’s tariffs, estimating a $1.74 billion impact. Jeep CEO, Bob Broderdorf, sees the Cherokee as a key addition to the portfolio, aiming to reinvigorate sales. The company is optimistic about gradual improvement in earnings over the coming months.

Read more at CNBC: Stellantis unveils Jeep Cherokee as brand tries to reverse declines