Jeep changes its focus to reduce prices and increase appeal

Noastack News

Jeep changes its focus to reduce prices and increase appeal
Ordid10000
  • 📰 globebusiness
  • ⏱ Reading Time:
  • 50 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 66%

There were 215,000 unsold Jeeps at dealerships across North America at the beginning of 2024 – now there are closer to 140,000

The new head of Jeep North America says the market is turning for the beleaguered brand – and it all starts with making Jeeps more affordable.

“We’ve seen prices tick up every model year,” says Daniel Ross, senior manager for industry insights with Canadian Black Book. “When you’re predominantly focused on one key vehicle that is basically the image of the brand and you’ve priced that up so significantly in a relatively short period of time – in a decade – you’ve basically priced yourself out of the market.

He notes that there were 215,000 unsold Jeeps at dealerships across North America at the beginning of 2024 and now there are closer to 140,000. “In Canada, we’ve been very aggressive with the program,” Broderdorf says. “Every car in every trim is being approached a little differently. We lowered the price, we increased the value, changed the content packaging; in some cases, we bundled other things together with discounts.”“I need to see more of it,” says Ross of Canadian Black Book. “I think they’ve started on the right path, but I think they need to be consistent and move in this direction permanently.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

globebusiness /  🏆 31. in CA

Ordid10000

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Refined and pricey Wagoneer S is a promising sign of Jeep’s electric futureRefined and pricey Wagoneer S is a promising sign of Jeep’s electric futureA sleek, aerodynamic, mid-sized five-passenger vehicle with more power than you would ever need, it arrived a year late but looks like it will be worth the wait
Read more »

Tiger-Cats release veteran RB Butler, who signs with LionsTiger-Cats release veteran RB Butler, who signs with LionsJames Butler took full advantage of his head start on CFL free agency Thursday. The Hamilton Tiger-Cats released the veteran running back, who was slated to become a free agent Feb. 11. But hours later, the five-foot-eight, 215-pound Chicago native signed with the B.C. Lions, the team he began his CFL career with in 2021.
Read more »

Durham Police Seek Witnesses in Whitby Pedestrian Hit-and-RunDurham Police Seek Witnesses in Whitby Pedestrian Hit-and-RunDurham Region Police are asking for public assistance after a senior citizen was struck by a dark-colored Jeep SUV while crossing the street in Whitby last November. The incident occurred around 3 p.m. on November 29, 2024, at the intersection of Micklefield Avenue and Hayeraft Street. The woman sustained serious injuries and was transported to the hospital.
Read more »

Poilievre says Trudeau’s exit won’t shift election focus from carbon pricePoilievre says Trudeau’s exit won’t shift election focus from carbon priceConservative Leader Pierre Poilievre again demanded that Prime Minister Justin Trudeau call a national election instead of proroging Parliament.
Read more »

Poilievre's Blue-Collar Focus and Critique of 'Wokeism'Poilievre's Blue-Collar Focus and Critique of 'Wokeism'An interview with Conservative leader Pierre Poilievre reveals his intense schedule, commitment to blue-collar communities, and critique of 'wokeism' as a leadership philosophy focused on ego rather than the common people.
Read more »

Canadian Stamp Prices Soar 25% on January 13thCanadian Stamp Prices Soar 25% on January 13thConvenience store owner Donald Chang warns customers in Windsor, Ontario to stock up on stamps before January 13th as prices for Canadian stamps and other postal products are increasing by 25%. Chang notes that the substantial increase will impact everyone, especially during a challenging economic time. Canada Post claims the price hike aligns postage costs with service expenses.
Read more »



Render Time: 2025-02-16 08:12:58