Current:Home > ScamsA new Jeep Cherokee is all but guaranteed and it can't come soon enough -WorldMoney
A new Jeep Cherokee is all but guaranteed and it can't come soon enough
View
Date:2025-04-12 20:10:05
Everyone knows what a Jeep is, but Jeep’s problem is not enough people want to buy Jeeps these days. There are a few possible reasons for this, from too many mainstream Jeep models costing luxury-car money (even though Jeep is not a luxury brand) to not enough options to choose from on the lower end of its lineup (but a plethora of larger, pricier three-row options at the top end). A number of Jeep's affordable models have melted away — notice you can't buy a new Renegade or Cherokee anymore, just the compact Compass.
These are snags Jeep's newish CEO Antonio Filosa must untangle. With the current model portfolio, “we’re competing with 45 percent of the market,” Filosa said in an interview withMotorTrend. That’s not good enough, apparently; by 2027, he hopes that figure will grow to 85 percent.
At the heart of the company’s growth plan is a three-model midsize offensive (even though it includes some sub-midsize options), because that’s where the profits live.
The first offering is one we just saw: the $72,000 2024 Jeep Wagoneer S EV. The second will be theJeep Recon, the brand’s more rugged and adventure-focused EV (think aRivian R3, or an electric Wrangler-adjacent thing). And while Filosa refused to confirm what the third yet unnamed model is, we’re betting it’ll be a new Cherokee.
Jeep Wagoneer Series II review:The good and bad in all 3 rows
It would make sense. Jeepkilled off the compact Cherokee in 2023 and didn’t name a replacement, thus locking itself out of the lucrative segment for more than a year, which was costly. We know anext-gen Cherokee is pretty imminent, so if Jeep is looking for another popularly sized SUV to catch sales with, this is likely the one. The Cherokee is a recognized and beloved nameplate, so it’s doubtful something like theJeep Liberty would see reincarnation.
2024 Jeep Wrangler:The 4xe Dispatcher Concept is a retro-inspired off-road hybrid
We’ve reported the probability of the next-gen Cherokee benefiting from electrification thanks to the flexibility of Stellantis’ new STLA platform, but whether that means as a hybrid, PHEV or a pure BEV is still unclear. However, Filosa said the vehicle, whatever it is, won’t be a BEV “at first.”
Seeing as the compact and midsize SUV segments are still the hottest, Jeep is eager to get back in the former and claim a piece of the pie. (Jeep's Grand Cherokee and three-row Grand Cherokee L models cover the midsize spread.) We’re due for a new Cherokee, anyway — the smallish Compass isn't exactly a proper Honda CR-V, Toyota RAV4 or Nissan Rogue competitor, despite costing nearly as much as those roomier offerings. It seems the new Cherokee won't have aless problematic name — after all, there is a lot of equity (to Jeep) in that nameplate — but we hope it'll be priced in a way that’ll draw in more mainstream buyers.
Photos by manufacturer
veryGood! (923)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Biden pardons LGBTQ+ service members convicted for sexual orientation
- US Olympic track and field trials: Sydney McLaughlin-Levrone up next
- US Olympic and Paralympic Committee awards Sarah Hirshland a 5-year contract extension as CEO
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Biden’s asylum halt is falling hardest on Mexicans and other nationalities Mexico will take
- Lisa Rinna Looks Unrecognizable With Spiky Blonde Hair Transformation
- US Olympic and Paralympic Committee awards Sarah Hirshland a 5-year contract extension as CEO
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Rear Window
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Man who killed 2 Connecticut officers likely fueled by a prior interaction with police, report says
- US economic growth for last quarter is revised up slightly to a 1.4% annual rate
- Trump and Biden's first presidential debate of 2024 is tomorrow. Here's what to know.
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- New study values market for women's sports merchandise at $4 billion
- 'The Bear' Season 3 is chewy, delicious and overindulgent: Review
- College Football Player Teigan Martin Dead at 20
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Bill Cobbs, the prolific and sage character actor, dies at 90
IRS apologizes to billionaire Ken Griffin for leaking his tax records
Volkswagen recalls more than 271,000 SUVs because of faulty airbag
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Officers fatally shot a man as he held one female at knifepoint after shooting another, police say
Funeral service set for 12-year-old Houston girl whose body was found in a creek
Keeping kids safe online is a challenge: Here's how to block porn on X