Jeep India has declared that starting in January 2023, it will increase the price of its SUVs marketed in India. Jeep India, one of the country’s few remaining automakers, has stated that starting in 2023, the prices of its models will rise by anywhere from 2 to 4 percent.
Jeep India to Increase Prices Starting in January 2023
Additionally, it is important to note that Jeep India will be raising the pricing of all models, including the Jeep Horizon SUV, even though the model saw a price increase of up to Rs 1.20 lakh on the SUV’s ex-showroom price in November. In addition, Jeep India will raise the cost of the recently released Jeep Grand Cherokee SUV. The Jeep Grand Cherokee SUV’s price advantage over key rivals including the Jaguar F-Pace, BMW X5, Audi Q7, Mercedes-Benz GLE, Range Rover Velar, and Volvo XC90 will consequently be reduced.
Jeep India will extend its current year discounts, nevertheless, in an effort to offset the sales impact of the impending price increase and draw in additional buyers. Additionally, Jeep India dealerships should take advantage of the current promotions and the impending price increase to spur customers into action and boost sales before the year is up.
Speaking of Jeep India, the US-based automaker has high hopes for the Indian auto industry, and the decision to locally assemble the recently launched Jeep Grand Cherokee SUV at the automaker’s Rajangaon, Maharashtra, facility reflects these hopes. India is the first country outside of the US to do so.
Opinions Regarding Jeep India’s Upcoming Price Increase With the projected price increase, we can anticipate a slight decline in Jeep India sales in the first few months of 2023. Due to superior offers and a sales push made in December, we may also anticipate the US-based automaker to achieve above-average sales results for the year.
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