Chrysler Group LLC’s Jeep, the automaker’s top-selling worldwide brand, is updating three models this year to build on 2012’s global sales record.
The 2014 Grand Cherokee, Patriot and Compass sport-utility vehicles will add newly available transmissions that help boost fuel economy for all three models to as much as 30 miles (48 kilometers) per gallon in highway driving, the Auburn Hills, Michigan-based company said on its website.
Chief Executive Officer Sergio Marchionne, who also leads Chrysler’s majority owner Fiat SpA, is positioning Jeep as one of the main global brands for the two automakers. Marchionne, 60, plans to expand Jeep’s global presence by adding production of its SUVs in China, Russia and Italy.
Source
Bloomberg