Jeep will begin later this month its foray into the market for subcompact SUVs -- the industry's fastest-growing segment -- when it puts on sale the Renegade, the first model born from the coupling of U.S. and Italian engineering at Fiat Chrysler Automobiles (FCA).
"It's the first example of cross-country collaboration," CEO Sergio Marchionne told reporters today at a news conference near Balocco, outside of Turin, Italy, where FCA has a test track. "It's great to see," he said, looking at the boxy SUV with its rounded edges parked nearby. "The damn thing works."
Built at Fiat's Melfi plant in Italy, the Renegade shares its platform and other components with the Fiat 500X, which will be unveiled at the Paris auto show next month.
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Automotive News