AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits.
The transatlantic automaker on Thursday said it will expand production and sales to roughly 1.5 million units by 2027.
To do so, the company will grow its vehicle and powertrain offerings.
Jeep plans to expand its vehicle nameplates from 10 to 13 by 2027, Jeep CEO Antonio Filosa said Thursday during Stellantis's investor day at its North American headquarters.
Much of the expected growth is targeted in North America, where the brand aims to top sales of 1 million units by 2027, up from roughly 700,000 last year.
Persons:
– Stellantis, Antonio Filosa
Organizations:
AUBURN
Locations:
AUBURN HILLS, Mich, North America