India would have to wait for the new Jeep until 2017
Fiat decalres to invest a whooping INR 1782 Cr. In a collaboration. Fiat Chrysler Automobiles recently declared its intention to pool in around INR 1,782 Cr. in Fiat India Automobiles Private Limited, its creation joint venture along with Tata Motors Limited.Previous year, Autocar India individually quoted Fiat Chrysler Automobiles planning for India including the native making of its Jeep variant, dubbed as C-SUV.
Fiat decalres to invest a whooping INR 1782 Cr. In a collaboration. Fiat Chrysler Automobiles recently declared its intention to pool in around INR 1,782 Cr. in Fiat India Automobiles Private Limited, its creation joint venture along with Tata Motors Limited.Previous year, Autocar India individually quoted Fiat Chrysler Automobiles’ planning for India including the native making of its Jeep variant, dubbed as C-SUV. The SUV, most likely to be estimated amid INR 13 - 20 lakh, would be a fresh offer that would be placed over the Jeep Renegade (Codename: B-SUV) and lower to the Jeep Liberty.
Fiat lately affirmed that the production unit in Ranjangaon, situated about 50 km from Pune, would definately aid the manufacturing of a new Jeep variant. The ‘C-SUV’ is anticipated to carrying a price tag between INR 13-20 lakh. Power is supposed to be between 105bhp and 120bhp from a 1.5-L Fiat Multijet diesel dynamo for the 2WD version. An all wheel drive variant, motorised by a bigger 2.0-L Multijet engine producing 168bhp, would also be on offer.The compacted B-SUV, also called as the Renegade, is grounded on the similar stand as the C-SUV and is probable to be manufactured in India. It would also sport the similar 1.5-L Multijet dynamo beneath the hood.
Sergio Marchionne, CEO, Fiat Chrysler Automobiles, reportedely found saying atht this occasion is marked as an integral step as the brand endures to make it bigger in terms of providing access of all their jeep variants across the globe.The declaration was done as a delegation, headed by the State of Maharashtra’s Chief Minister Mr.Devendra Fadnavis, who had a discussion with Mike Manley, President and CEO Jeep Brand, Fiat Chrysler Automobiles Global and the rest of the company employees in the North American headquarters of Fiat in Auburn Hills, Michigan.
Furthermore, settling up a unit is probable to become convinient for Fiat as Maharashtra government lately declared that it was engaged into bringing downthe number of permissions essential for for establishing up an auto manufacturing unit or any other industrial unit in the state to 25 from the present need of 76. Ranjangaon would be the fourth unit outshore of the US, Fiat reported in a release. Jeep-branded vehicles are also presently created in countries like Italy and Brazil, with manufacturing in China awaited to commence in the fourth quarter of 2015.