Jeep is looking to move upmarket to compete with the likes of the Range Rover.
FCA CEO Sergio Marchionne said last weekend at the opening of a Alfa Romeo and Maserati dealership near Toronto that brand is missing an opportunity.
“When I see a Range Rover on the street, my blood boils, because we should be able to do a thing like that. And we will,” said Marchionne.
At the moment, the most expensive Jeep is the Grand Cherokee which tops off at $48,795 for the Summit w/o options. Jeep is working a three-row model that will be coming out in 2016 - possibly named the Grand Wagoneer.
Marchionne declined to provide any other details about the vehicle, partly due to the model not being on the current five-year plan.
“Would I tell you that?. No, but we’re working on it now.”
Source: Bloomberg
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