Jeep Compass Sales in India Exceed Expectations

Fiat Chrysler Automobiles is close to making more revenue in India than it invested in a factory at Pune, 90 miles from Mumbai, due to strong customer response to the Jeep Compass SUV it launched in late July.
“It is expanding into the world’s largest markets such as India that is fueling our growth and accelerating our expansion,” said Paul Alcala, who heads the company’s operations in Asia.
Jeep Compass

Jeep Compass

The Economic Times reports that the Italian-American automaker has so far secured orders for 8,171 units of Jeep Compass 2017 worth $245 million in India; the company has invested $280 million in the factory.

Fiat Chrysler Automobiles is ramping up production and is working toward a 25% more output than initially planned. The company says it will operate two shifts for six days a week for the first time since the plant was set up a decade ago. Production of export-designated vehicles has not started yet.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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