FCA to Export Right-Hand-Drive Jeeps from India
Fiat Chrysler Automobiles NV will use its planned local production of right-hand-drive Jeep SUVs in India to supply vehicles to Australia, South Africa and the U.K., The Times of India reports.
#economics
Fiat Chrysler Automobiles NV will use its planned local production of right-hand-drive Jeep SUVs in India to supply vehicles to Australia, South Africa and the U.K., The Times of India reports.
FCA said last month it intended to invest $280 million to establish Jeep assembly operations in Ranjangaon in the second quarter of 2017. At the time, the company didn't identify the Jeep model or indicate whether it planned to export any units.
The new Jeep is code named C SUV and likely will be priced at about 1.5 million rupees ($23,500), according to the Times. That would be less than one-third the cost of an imported Jeep, which is subject to a 180% import tariff.
FCA will build the new model through its manufacturing venture with Tata Motors Ltd. The alliance currently makes the Fiat Linea small sedan and Grand Punto five-door hatch for FCA.
RELATED CONTENT
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.