By If you are planning to buy a new car, particularly from the Jeep or Citroen brands, it’s important to note that prices are set to increase from April 30, 2024. Stellantis India, which owns both brands, has announced that this price hike will affect all Citroen models and two specific Jeep models, the Compass and the Meridian. The increase is capped at 0.5%, which might seem small, but it can significantly impact the overall price you pay.
Reasons Behind the Price Increase
The decision to raise prices stems from higher input costs and operational expenses that the company is currently facing. These are typical in the automotive industry, where fluctuations in the cost of raw materials like steel, aluminum, and plastic can affect the production costs of vehicles. Operational costs include expenses related to labor, transportation, and compliance with regulatory standards, which have been steadily increasing.
Detailed Impact on Car Models and Prices
For potential car buyers, this means an increase ranging from Rs. 4,000 to Rs. 17,000 on the current prices, depending on the model. For Citroen, the models affected include the C3, eC3, C3 Aircross, and C5 Aircross. Each of these models caters to different segments of the market, from the more economical C3 to the premium C5 Aircross. Jeep’s price revision is specifically for the Compass and Meridian models, which are popular among SUV enthusiasts for their robust performance and luxury features.
Current Models and Upcoming Releases
It’s also worth noting the current lineup and upcoming models from these brands. Citroen’s offerings in India include the compact and efficient C3, the electric eC3, the versatile C3 Aircross, and the luxurious C5 Aircross, each designed to meet diverse consumer needs and preferences. Jeep, on the other hand, maintains a strong portfolio with the Compass, Meridian, Grand Cherokee, and Wrangler. Jeep is also gearing up to introduce a facelifted version of the Wrangler, which is expected to feature aesthetic updates and possibly new technological enhancements.
Given these impending price adjustments, now is an advantageous time to consider purchasing a vehicle from Jeep or Citroen. By making a decision before the price hike takes effect, you can save a significant amount of money, which can be beneficial in the long run, especially considering the investment involved in buying a new car. Whether you are looking for a city-friendly compact car, a robust SUV, or a luxurious family vehicle, checking out the options from Jeep and Citroen before April 30 could lead to substantial savings.
2024-04-25 12:08:12
