Under a new CEO, Jeep wants to address a five year decline by introducing new models, and combustion engines might be on the table
U.S. Jeep sales have dropped from a peak of 973,227 in 2018 to 643,000 in 2023. New CEO unveils roadmap with one million domestic and two million global sales targets. As Jeep chases volume, it may consider ICE versions of the EV Wagoneer S and Recon. Jeep 's new CEO is keen on reversing five years of decline in the U.S. market.
Speaking to Automotive News, he said, When you lose your main midsize SUV offer, you are cut off from a segment that in the U.S. alone is worth more than 4 million units a year - bigger than a good year of the entire German market and the same size of the whole Latin American region. Jeep's new strategy is to plug the holes in its lineup. The company will introduce two new electric vehicles, the Wagoneer S and Recon. These EVs are expected to be able to take on Tesla.
Jeep Cherokee Jeep Recon Jeep Wagoneer / Grand Wagoneer Jeep Wagoneer S Reports Sales Stellantis USA
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