Fiat-Chrysler unveiled their new Jeep Renegade at the Geneva Auto show on March 4th, and at least some industry experts believe that it will be a hit.
Based on the Fiat 500x Crossover, the new baby Jeep will be made in an under-utilized Fiat factory in southern Italy–unlike the models already sold in the US that are built in Eastern Europe.
Designed to compete with the Nissan Juke (it would almost surely have to be better-looking than that vehicle!) and the Kia Soul, this new little Jeep will have AWD as an option, and features two removable roof panels that can be stowed in the cargo area. Additionally, it is slated to sell for less than the $16k Jeep Patriot, in order to lure a new class of buyers.
IHS Automotive believes that sales will be evenly split among The US, Europe, and Asia, and they predict that this new vehicle will sell ~120,000 units annually by 2016, and will enable Fiat-Chrysler to boost overall sales figures by 20 percent.