Current:Home > NewsA new Jeep Cherokee is all but guaranteed and it can't come soon enough -Wealth Legacy Solutions
A new Jeep Cherokee is all but guaranteed and it can't come soon enough
Fastexy Exchange View
Date:2025-03-11 01:13:51
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! (1)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Mandy Moore Shows Off Her New Bangs After Itching for a Hair Change
- Halsey and Alev Aydin Break Up Nearly 2 Years After Welcoming Son
- Jordana Brewster Shares How Late Co-Star Paul Walker Remains an Integral Part of Fast & Furious
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- A new satellite could help clean up the air in America's most polluted neighborhoods
- NOAA predicts a 'near-normal' hurricane season. But that's not good news
- Mother's Day Deals: 10 Home Finds From Wayfair's Amazing Way Day Sale That Mom Will Love
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Balloon shoot-down has U.S. on alert. Weather forecasters know how to steer clear
Ranking
- Meta releases AI model to enhance Metaverse experience
- Extremist Futures
- Why Elizabeth Olsen Thinks It’s “Ridiculous” She Does Her Own Marvel Stunts
- The Young and the Restless' Eric Braeden Reveals Cancer Diagnosis
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Climate solutions do exist. These 6 experts detail what they look like
- Shop Our Favorite Festival Fashion Trends That Dominated Coachella 2023
- NOAA predicts a 'near-normal' hurricane season. But that's not good news
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
NFL Star Aaron Rodgers Leaving Green Bay Packers for New York Jets
Melting glaciers threaten millions of people. Can science help protect them?
Colorado River states announce breakthrough water sharing deal
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Rain may soon help put out flames in Canada's worst recorded wildfire season
How ancient seeds from the Fertile Crescent could help save us from climate change
Vietnam's human rights record is being scrutinized ahead of $15 billion climate deal