Following the increase in cess by the Government, Fiat Chrysler Automobiles (FCA) has announced a price increase of its Fiat and Jeep products. Jeep has hiked the prices of the Compass range between Rs 21,000 to Rs 72,000. The base variant with the 1.4-litre petrol engine is now available at a price of Rs 15.16 lakh, while, the top end variant is offered at a price of Rs 19.67 lakh. The Compass base variant with a 2.0-litre diesel engine is now priced at Rs 15.99 lakh, while the top variant is priced at Rs 21.37 lakh, ex-showroom, Delhi. In addition, Grand Cherokee and Wrangler prices have been increased between a range of Rs 2.75 lakh to Rs 6.40 lakh, depending on the variants. The company started accepting the pre-booking of the Compass on 19th June and launched the SUV on 31st July 2017. The SUV has become a popular model since then and has received 10,000 bookings till now. On the other hand, Fiat India has also increased the prices of Linea and Avventura. Both models are now costlier by Rs 9,000 to Rs 14,000.
For Jeep Compass, FCA has invested $280 million at its Ranjangaon plant and the SUV will also be exported to other right-hand drive international markets. In addition, 80 percent of the Jeep Compass parts are sourced from India. It is this high-rate of localisation that allowed Jeep to price the Compass competitively. In addition, this supplier base will also come in handy for future models such as the Renegade, which will be positioned below the Compass.