Jeep India Announces Price Hike From January

FCA India has announced that Jeep Compass sales have crossed the 10,000 mark. Along with it the company has also announced that as of January 1, 2017, the Compass will see a price hike of 2-4 per cent depending on the variant.

By Carandbike Team

1 mins read

Published on December 14, 2017

Highlights

Jeep Compass has achieved this milestone in just four months
Effective January 1, 2018, prices of Jeep Compass will increase by 2-4%
Price of the entry-level Jeep Compass will remain unchanged

The Jeep Compass SUV has recently crossed the 10,000 sales milestone in India. The popular compact SUV from the American SUV maker achieved this feat in a little over four months of its launch, which is quite commendable. The SUV received over 10,000 bookings within a month from its launch, which means it took Jeep India just over two months of time to complete these orders. Interestingly, along with the announcement of the new sales milestone, the carmaker has also said that it will be increasing the price of the Jeep Compass in India from January 1, 2018. Commenting on the new sales milestone, Kevin Flynn, President and Managing Director, FCA India said, "The Jeep Compass is proving to be a popular SUV in a short span of time. We are indeed proud to cross the 10,000 Sales milestone and we are confident to continue with this great momentum in the New Year as well." FCA shipped 600 units, the first batch of the Ranjangaon-manufactured Jeep Compass to Japan and Australia in October this year and it is already on sale in Japan. Also Read: Jeep Compass Recalled In India Over Passenger Safety Issues Talking about the price hike from January 1, he added, "Customers have appreciated the competitive price positioning of the Jeep Compass since launch. Effective January 1, 2018, prices will increase by 2-4%, except for the entry-level variant, which will be maintained at INR 15.16 lakh (ex-showroom). Jeep will continue to offer a compelling Product and Price package in the New Year." The Jeep Compass was first launched on July 31, 2017, at a starting price of Rs. 14.95 lakh, later the company hiked the price of the SUV in September post the rolling out of new GST rates, which made the Compass dearer by up to Rs. 72,000. Currently, the Jeep Compass is priced at 15.16 lakh for the base petrol model - Sport, going up to Rs. 21.37 lakh for the top-of-the-line 4x4 Limited diesel model. Also Read: Jeep Compass Petrol Automatic Review The Jeep Compass gets both petrol and diesel engines. The petrol is a 1.4-litre Multiair turbocharged 4-cylinder motor that makes 160 bhp of peak power and 250 Nm of peak torque, and is mated to a 6-speed manual and a 7-speed DDCT automatic unit. The diesel engine is a 2-litre Multijet 4-cylinder turbocharged engine that makes 170 bhp of peak power and 350 Nm of peak torque, and is mated to a 6-speed manual gearbox as standard.