Automotive conglomerate Stellantis hit pause on production ofJeep Grand Cherokee and Wrangler models in the US amid struggles to shift current stock.
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See subscription optionsProduction of both nameplates at factories in Toledo, Ohio and Detroit, Michigan was halted early last week, before resuming on Thursday.
There's been no official word on exactly how long production was paused for.
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It's not any rosier in Australia for the Jeep brand.
Sales in Australia were down 52 per cent in the first half of 2024 compared with the same period in 2023, totalling 1282 vehicles.
Jeep has slashed prices across multiple models over the last several months. Reductions of between $11,000 and $28,000 were applied to the Grand Cherokee range, while new nationwide drive-away pricing for its slow-selling Gladiator ute cut up to $25,000 off the asking price.
While Jeep says these reduced prices apply only to model year 2023 (MY23) vehicles, pricing has yet to be announced for MY24 vehicles.
The data shows that, on average, Victorians pay the most for their comprehensive car insurance, at $2940 per annum. They have also been hit with the biggest annual increase, with premiums rising by an average of $225 or 8.3 per cent year-on-year.
Canstar says someone paying an average premium of $2226 who switches to one of its top-rated policies could potentially save up to $692 or 31.1 per cent in one year, while drivers who switch to a five-star rated policy in Victoria stand to save more than those in any other state – $967 or 32.9 per cent on average.
But the highest car insurance prices overall continue to be paid by young male drivers under 25, who face average annual premiums exceeding $3000 because their higher accident rates make them a greater risk for insurers.
Production of both nameplates at factories in Toledo, Ohio and Detroit, Michigan was halted early last week, before resuming on Thursday.
Automotive conglomerate Stellantis hit pause on production ofJeep Grand Cherokee and Wrangler models in the US amid struggles to shift current stock.
Content originally sourced from: CarExpert.com.au
