Current:Home > ContactA new Jeep Cherokee is all but guaranteed and it can't come soon enough -WealthX
A new Jeep Cherokee is all but guaranteed and it can't come soon enough
View
Date:2025-04-15 12:08:05
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! (58342)
Related
- 'Most Whopper
- Jennifer Coolidge Is a Total Blonde Bombshell With Retro Look at the 2023 SAG Awards
- You Have to See Harry Shum Jr.'s Fashion Nod to Everything Everywhere at 2023 SAG Awards
- The MixtapE! Presents The Weeknd, Halsey, Logic and More New Music Musts
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- In 'Exclusion,' Kenneth Lin draws on his roots as the son of Chinese immigrants
- 20 injured by turbulence aboard Germany to Mauritius flight
- TikToker Taylor Frankie Paul Arrested on Domestic Violence Charges
- South Korean president's party divided over defiant martial law speech
- In 'The Fight for Midnight,' a teen boy confronts the abortion debate
Ranking
- New data highlights 'achievement gap' for students in the US
- Ukrainian troops describe vicious battle for Bakhmut as Russian forces accused of a brutal execution
- Transcript: Sen. Joe Manchin on Face the Nation, March 5, 2023
- SAG Awards 2023 Red Carpet Fashion: See Every Look as the Stars Arrive
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- 4 new books by Filipino authors to read this spring
- Why Ke Huy Quan’s 2023 SAG Awards Speech Inspired Everyone Everywhere All at Once
- In Defense of Boring Bachelor Zach Shallcross
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
18 Amazon Problem-Solving Products That Keep Selling Out
Tiffany & Co. names BTS star Jimin as brand ambassador
Swarm Trailer Shows One Fan's Descent into Madness Over Beyoncé-Like Pop Star
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Immigrants have helped change how America eats. Now they dominate top culinary awards
He was a beloved farming legend. But for Reddit, his work ethic meant something else
How the SCOTUS 'Supermajority' is shaping policy on everything from abortion to guns