. Breakthrough Jeep® Compass Conquers All-New
Territory for $15,985
All-new Jeep® Compass
expands Jeep lineup - modern design appeals to new, youthful
Jeep buyers in global compact SUV segment
Value abounds with
excellent fuel economy, cool innovations and long list of standard
safety features (side-curtain air bags, ESP, Traction Control,
Compact SUV segment
expected to triple in volume by 2016 in United States
Mich. - Chrysler Group announced the U.S. Manufacturer's
Suggested Retail Price (MSRP) for its all-new 2007 Jeep®
Compass is $15,985 (including $560 destination). A modern-styled
Jeep that delivers fun, freedom, utility and Jeep 4x4 capability,
the Compass provides excellent fuel economy, safety and
interior flexibility - all at a great value - in the compact
The Jeep Compass will
begin to arrive in U.S. dealerships and international volume markets
in the third quarter of this year.
"With Compass, Jeep
continues to expand globally by offering a fun-to-drive, fuel-efficient
and affordably-priced Jeep vehicle designed to reach youthful customers
who may not have previously considered the brand," said George Murphy,
Senior Vice President - Global Marketing, Chrysler Group. "Compass
is a new type of Jeep vehicle for non-traditional Jeep buyers. It
allows the brand to compete in the fast-growing compact SUV segment,
where there is increasing market demand for fuel economy, ride comfort
and efficient packaging in an SUV."
compact SUV volume in the United States for the 2005 calendar year
was 368,000 units, up from 297,000 units in 2004. The compact SUV
segment is expected to almost double to approximately 600,000 units
by 2010 and almost triple to more than 814,000 units by 2016.
The newest Jeep will
be available in both Compass and Compass Limited models. Both are
available with front-wheel and four-wheel-drive capability.
"Jeep Compass will
offer customers the confidence and assurance that comes with Jeep
4x4 capability," said Larry Lyons, Vice President - Front-wheel
Drive Product Team. "Compass is a breakthrough all-new Jeep vehicle
that provides the utility and functionality of an SUV with the performance,
handling, fuel economy and price of a small car or small pickup."
Jeep Compass' available,
active, full-time 4x4 system (Freedom Drive I) is recommended for
daily use, including driving in snow and rain. The four-wheel-drive
"Lock" mode is recommended for deep snow, deep sand and other low-traction
Jeep Compass includes a standard
172-horsepower 2.4-liter World Engine coupled with a five-speed manual transaxle.
The MSRP for Jeep Compass is $15,985 (including $560 destination), and $17,585
(including $560 destination) for Jeep Compass 4x4 models.
Production of the all-new 2007
Jeep Compass will begin at the Belvidere (Ill.) Assembly Plant in May. Chrysler
Group launched a second production shift at the Belvidere facility in March,
which doubled the plant's production capacity. The addition of the second
shift raised total employment at the facility from 1,650 to 2,650 employees.