FCA India joins the list of automakers that have announced a price hike from January 2018. The company announced that the Jeep Compass’ prices will increase by up to Rs 80,000 from January 2018.
The company, however, would spare the entry level variant from the price hike. “Customers have appreciated the competitive price positioning of the Jeep Compass since launch. Effective January 1, 2018, prices will increase by 2-4 per cent, except for the entry level variant,” said Kevin Flynn, FCA India President and MD.
The price of the entry level variant of the model will be maintained at Rs 15.16 lakh (ex-showroom), he added.
The company has shipped 600 units, the first batch of the Ranjangaon-manufactured Compass to Japan and Australia in October. The vehicle is already on sale in Japan, FCA said.