Jeep badly needs a three-row SUV to attempt with the brand of Ford, Chevy, and added automakers who accept accustomed articles in the segment. Fiat Chrysler Automobiles CEO Sergio Marchionne has been assault the boom for such a agent back 2014, and still, dealerships are cat-and-mouse for such a vehicle. Back Jeep appear its five-year plan beforehand this month, there were two three-row offerings on the calendar – the Grand Wagoneer and a accessible three-row Grand Cherokee. However, while SUVs are still affairs well, a assemblage of factors may already spell adversity for the approaching product.
John Murphy, a analysis analyst at Bank of America Merrill Lynch, told the Automotive Press Association in Detroit that the abutting bristles years will be a amateur for automakers. Murphy cited college absorption rates, lower used-car values, added ammunition prices, bargain U.S. agent sales, and added raw abstracts costs arch to a difficult time for dealers that appetite to advertise cher vehicles, according to Automotive News.
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“I anticipate our window of befalling is closing,” a longtime FCA banker told the industry publication, speaking on action of anonymity. “We could accept dead with [the Grand Wagoneer] if it had been accessible back they aboriginal told us about it, but it’s a abundant tougher advertise with absorption ante and gas prices activity up.”
Indecision at FCA has acceptable acquired the Grand Wagoneer’s delay. In backward 2016, FCA planned the Grand Wagoneer to be an luxury, six-figure unibody SUV that would attempt with the Land Rover’s Range Rover, according to Automotive News. However, aloof months after in aboriginal 2017, Marchionne said the automaker would transform the Wagoneer and Grand Wagoneer into body-on-frame vehicles. This was to bigger attempt with ample three-row SUVs from calm rivals GM and Ford.
“The Grand Wagoneer will still advertise because it’s a Jeep,” a additional FCA banker told Automotive News. “But it would accept been nice to accept them already.”
While Jeep is still planning on the Grand Wagoneer, it’s not bright back assembly will begin. The new Jeep is declared to be congenital at FCA’s Warren Truck Assembly Plant, but the branch is currently bearing the previous-generation Ram 1500, which it will do through the end of the year, possibly continuing into 2019. This could adjournment the Grand Wagoneer added to backward 2019 or alike 2020. And by then, the absolute automotive mural could change.
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Chrysler has a admirable absolute of two cars in its portfolio, and to accomplish affairs worse, one of them will allegedly go the way of the dodo. While the Pacifica minivan is accepted to soldier on into the abutting decade, assembly of the 300 auto is allegedly slated to appear to an end in ...
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