logo
Jeep rolls out discounts of up to  ₹3.90 Lakh on its SUVs for July

Jeep rolls out discounts of up to ₹3.90 Lakh on its SUVs for July

Mint09-07-2025
Jeep India has announced a fresh round of discounts and offers on its SUV lineup for July 2025, with total savings going up to ₹ 3.90 lakh depending on the model and buyer category. These benefits apply to select trims of the Compass, Meridian, and Grand Cherokee and include both consumer schemes and corporate discounts.
However, not all benefits are stackable, and eligibility varies by customer profile. Jeep encourages prospective buyers to connect with their local dealerships for detailed information.
The most substantial discount is on the Jeep Meridian. Buyers can avail up to ₹ 3.90 lakh in total benefits this month. This includes ₹ 2.30 lakh in direct consumer discounts, up to ₹ 1.30 lakh in corporate benefits, and an additional ₹ 30,000 offered under a special programme for certain professional categories like medical practitioners and leasing firms. The ₹ 30,000 special offer cannot be combined with the standard corporate discount.
Jeep's popular Compass SUV is also part of the discount drive. Depending on eligibility, customers can get combined consumer and corporate benefits of up to ₹ 2.80 lakh. In addition, a ₹ 15,000 bonus is being offered to specific professionals such as doctors and corporate clients. However, this special bonus cannot be combined with the regular corporate offer, capping the total possible benefit at ₹ 2.95 lakh.
The flagship Jeep Grand Cherokee, now available only in the Limited (O) trim at ₹ 67.50 lakh (ex-showroom), is being offered with a flat ₹ 3 lakh discount. Unlike the Compass and Meridian, there are no layered offers here, just a straight price cut that makes the high-end SUV a more appealing buy this month.
All the above offers are supported by Jeep's ongoing 'Jeep Wave' ownership programme. This includes premium after-sales services and customer support for all Jeep vehicle owners in India.
These July offers are part of Jeep's strategy to boost showroom footfalls and entice buyers in the competitive SUV segment, especially those looking for premium models.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India's auto sector is seeing a huge churn at the top levels
India's auto sector is seeing a huge churn at the top levels

Time of India

timea day ago

  • Time of India

India's auto sector is seeing a huge churn at the top levels

New Delhi: As the automotive sector in India undergoes rapid transformation driven by new entrants, emerging business models, and the shift to electric and digital technologies, senior-level hiring activity has surged over the past few years. New-age players and diversification efforts by legacy firms are fuelling a wave of CXO-level transitions, often drawing leadership talent from established OEMs and suppliers. Industry experts observe that the average tenure of top executives has sharply declined from 6-8 years earlier to just 2-3 years today, reflecting growing investor impatience, evolving business priorities, and rising professional mobility. At the same time, CXO compensation has nearly doubled in the past five years, making the auto sector increasingly attractive to senior professionals. ETAuto's analysis reveals that close to 50 top management movements were recorded in just the last six months, underscoring the intensity of churn at the top. These include promotions within existing organisations clearly reflecting the new trend in rewarding top performers. CXO-level churn and a growing emphasis on local leadership have been visible at global players like Stellantis (Jeep, Citroen), Skoda Auto Volkswagen India, and BMW Group India. 'Over the past couple of years, global OEMs have faced mounting challenges in their home markets, which is a double blow of slowing demand and increasingly complex, costly supply chains. In response, many are recalling expatriate leaders and handing over India operations to local executives. While high expat costs are one factor, the bigger issue is their struggle to drive demand in India,' said Pankaj Dutt , Managing Partner (India and Global Co-Lead) at the European-headquartered executive search firm Alexander Hughes. India's largest two-wheeler maker Hero MotoCorp saw a wave of top-level exits this year, with its CEO and Chief Business Officer quitting in February, followed by the Chief Information & Digital Officer and HR head. In contrast, Mahindra & Mahindra, riding strong growth, announced key leadership changes in April to bolster its next phase of expansion. Companies like Uno Minda, TVS Motor, Eicher Motors, Daimler Truck and Nissan India also elevated leaders to top roles. At Maruti Suzuki, MD & CEO received a three-year extension starting April 2025. In a notable shift, Sunil Kakkar was appointed as the company's first Indian whole-time director. EVs and IPOs Beyond this, experts suggest the ongoing EV transition is a major driver of leadership churn in the auto sector. Neelesh Gupta , Partner at Deloitte India, noted that disruption from new entrants has heightened volatility in the talent market. EV-specific leadership roles now command an 18-20% premium over ICE roles, driven by a mix of high attrition (around 7%), talent scarcity, and the shift towards role-based pay over internal parity. 'To retain top talent, firms are increasingly offering long-term wealth creation plans tied to sharp business outcomes, thereby creating a win-win,' said Gupta. Meanwhile, Dutt pointed out that the EV sector still faces a critical talent gap in software, electronics, and product design. 'Engineers are often hired for ADAS roles based on coding skills and not domain expertise, thereby leading to post-launch product issues,' he added. Amol Gangaramany, Partner- Automotive at ABC Consultants, said firms preparing for IPOs are also proactively reshaping their CXO teams to align with future growth, even if the CEO remains unchanged. Ola Electric and Ather Energy are among the few EV players to have filed for IPOs, even as Greaves Cotton has got the SEBI nod. Ola is also one of the companies which has seen notable top-level churn over the past few years. According to ETPrime, June alone saw multiple senior exits-Chief Business Officer Nitin Golani left within three weeks, Head of Sales Nikhil Upadhye quit in a week, while legal heads Rohit Kumar and Marisha Shukla are set to exit by month-end. 'Musical chairs' cycle Dutt said the auto industry has long been stuck in a cycle of 'musical chairs' when it comes to talent, especially in brand, sales, and distribution functions where companies often want to hire from outside the sector due to a persistent skill gap. 'Despite some openness to cross-industry hiring, talent still circulates within the same pool,' he said. 'Unlike other sectors where marketing drives product development, India's auto sector builds products first and expects marketing to create demand later. This discourages experienced marketers from other industries.' Dutt added that this structural mismatch, similar to what was seen in telecom, has made auto unattractive to external talent, particularly among global OEMs. He also highlighted that despite India's push for homegrown players, most domestic OEMs still depend on foreign platforms and powertrains, showing a continued lag in indigenous vehicle engineering. Below is the list of a few CXO announcements during the Jan-Jun 2025 period. NamePrevious DesignationLatest AssignmentAnjani KumarCTO, Tata AIG General Insurance CDIO, Ather EnergyAnurag MehrotraVP- International Business & Strategy, Tata MotorsMD, JSW MG MotorGaurav GuptaCGO, JSW MG MotorPresident- Domestic Operations, TVS MotorGaurav JhalaHead of HR- Engg, Tata MotorsVP & CHRO, JSW GreentechHardeep Singh BrarSenior VP & National Head- Sales & Marketing, KiaPresident & CEO, BMW IndiaNidhi KaisthaRegional Sales & Pre-Owned Cars Manager, Porsche IndiaHead- India, Automobili LamborghiniNiranjan KumarGeneral Manager, Mahindra GroupVP & COO, Tata AutoComp GroupParag SatpurePresident & Senior VP, Bridgestone Mobility SolutionsMD & Group CEO, Greaves CottonRahul DesaiCEO- Stampings, Magnets & Composite, CIE AutomotiveCEO, Pinnacle IndustriesRajeev Kumar SinhaCMO, CiplaCMO, Apollo TyresRishi LuharukaCFO, Gabriel IndiaGroup CFO, Force MotorsSanjay BohraGroup CFO, Force MotorsCCO, Eka MobilityVikas SinghMMTC-PAMP IndiaMD, Greaves Electric Mobility Component makers According to Gangaramany, the auto component industry which is driven by a mix of multinational players and Indian promoter-led firms is seeing a shift due to a couple of factors. In the latter, the first-generation entrepreneurs with global ambitions are increasingly hiring seasoned professionals, particularly Chief Marketing Officers, to scale internationally. At the same time, second-generation leaders are taking on strategic roles in family-run businesses, pushing for professionalisation and modernisation as they prepare for board-level responsibilities. This transition is being accelerated by rising private equity (PE) interest. With fresh capital and ambitious leadership, many promoters are targeting aggressive growth, often aiming to double business within 3–5 years. For instance, Bain Capital recently made a strategic growth investment in Dhoot Transmission Group. In another major move, Carlyle entered the space by creating a platform through twin acquisitions, securing controlling stakes in Highway Industries and Roop Automotives . Where does the opportunity lie? Sales, marketing, and brand roles continue to witness high demand, with churn intensifying during industry slowdowns, said Gangaramany. Gupta pointed out that key leadership roles in demand include Chief Digital Officer, Chief Strategy and Transformation Officer, Head of Digital, Chief Sustainability and ESG Officer, Head of Policy, Chief of Product, and Chief of Design, with the latter two especially sought after by Indian OEMs aiming to stand out in a competitive, tech-led market. Hiring momentum is also strong in digital transformation, R&D, product development, program management, and design. However, senior manufacturing roles remain largely insulated, typically filled through internal movement. Gangaramany noted a growing trend of cross-sector hiring at the second-tier level, particularly for CHRO roles, although reverse movement from auto into other sectors is still rare.

Shareholders in Jeep owner Stellantis back new CEO
Shareholders in Jeep owner Stellantis back new CEO

Time of India

time2 days ago

  • Time of India

Shareholders in Jeep owner Stellantis back new CEO

Shareholders in US-European auto giant Stellantis , owner of Jeep , Fiat and Peugeot , on Friday gave their overwhelming approval to new CEO Antonio Filosa , a company veteran who last month succeeded Carlos Tavares in the job. His nomination was backed nearly unanimously -- by 99.2 per cent -- in the extraordinary shareholders' meeting, allowing him to sit on the board of the world's fourth-biggest auto group. Filosa, a 52-year-old Italian, was in May tapped to take over from Tavares, the company's Portuguese boss who was sacked in December. Filosa took up his new role on June 23. His task will be to jump-start performance at the struggling group, whose 14 brands also include Chrysler, Dodge and Maserati. Filosa previously headed Stellantis's North America operations, and will continue to do so as CEO. That region accounts for most of the company's profits. The company's chairman, John Elkann, heir to the family that founded Fiat, said Filosa was "deeply involved" in efforts to "constructively interact" with the government of US President Donald Trump, who has slapped 25-per cent tariffs on car imports.

Meet Kerala's growing community of women in motorsports
Meet Kerala's growing community of women in motorsports

The Hindu

time3 days ago

  • The Hindu

Meet Kerala's growing community of women in motorsports

Aparna Umesh is navigating an impossibly slushy track in her modified off-road rig, maneuvering through a bumpy dirt track with the ease of an expert. All of a sudden, the track dips into a muddy trough and the small group of onlookers hold their breath. Can she make it up the sharp incline? Sure enough, she does. Aparna is an off-roader from Kochi, who has been driving through mud and mountain for the past five years. She is among the growing tribe of women in motorsports in Kerala. Considered physically and mentally demanding, few women venture into motorsports, but the ones who do say they are in it for the sheer thrill of adventure, a sense of freedom, self-discovery and a way to overcome trauma. When driving is still largely gendered and women are constantly judged for their skill and the type of vehicles they drive, these women have been negotiating every obstacle, both literal and metaphorical, to follow their passion. Many of them often compete against men. Calm in the midst of chaos For Aparna, off-roading taught her to find calm in the midst of chaos. 'Even when the obstacle looks insurmountable; I know I have to find a way to negotiate it without hurting myself or the vehicle. So I focus, keep my cool and push on,' she says. Aparna, a marketing professional, knew from the very first time she test drove a modified off-road rig that it was her calling. 'I was introduced to off-roading at a club in Kottayam, where I drove a Mahindra CJ series Jeep, which they fondly call Blue Whale. As I drove it, I had butterflies in my stomach. I knew this was my thing.' It all began when her father surprised her with a 4x4. 'I had to learn how to fully utilise the vehicle and that led me to off-roading,' she says. Aparna joined the R&T Off Road Club in Kottayam in 2019, the only woman member then. She went on various trails and took part in competitions, slowly gathering experience on various terrains. She was the first Indian woman to participate in the Orange Fest organised by JKTyres in 2022. Today, she co-owns the Blue Whale in addition to her own vehicles and is the co-founder of R&T 4x4 Training Academy. Currently preparing for the India leg of the Rain Forest Challenge, one of the most difficult off-road motor races, to be held in Goa in August, Aparna says every competition, every trail is a learning experience. Rallying on For one of Kerala's first woman rally drivers Athira Murali, driving is at the very core of her being. A national award winning rally driver, Autocross car racer, off-roader and automotive content creator from Kottayam, she says the track has always been her safe space, something that gives her a sense of self. 'Nothing compares to the freedom and the adrenalin rush I get while driving,' she says. A mechanical engineer by qualification, she realised early on that her heart was in automobiles. Athira started riding two wheelers while in Class VII and drove heavy vehicles even as a Class X student. She has been in the competition circuit for the past 11 years, and is a part of rallies including the Indian National Rally Championship. 'It is an expensive interest to pursue. Everything including the gear come at a price. One needs to be fully invested in it to be able to sustain it,' she adds. Though she owns a 4x4, the rally cars are sponsored. Athira holds the record for being Kerala's first youngest motorsports woman driver (2014-15). She owns a tours and travels start up, too. As the woman chairperson of the Keraleeyam Motorsports Association, an organisation which has been holding motorsports events throughout the country, Athira hopes more women would enter the foray. 'Today, I can safely say I have created my space and I am owning it too,' she adds. Crazy about four-wheelers Veena Murali, who hails from Thodupuzha and is settled in Chennai, was drawn to four-wheelers as early as age 10. Her father owned an Ambassador, on which she learnt steering control. 'As soon as I was tall enough to reach the foot pedals, I learnt how to reverse the vehicle. I would help people park their cars, I was crazy about four-wheelers,' laughs Veena. It helped that her uncle, who was working in Mahindra, brought home posters and scale models of the vehicles, which she treasures to this day. 'I even had models of vehicles before they were released.' Though a skilled driver, Veena took to off-roading competitions only two years ago. The founder of a home decor brand, she decided that she would get into the competition circuit only after building her own vehicle. Though she owned a 4x4, it was preserved for everyday drives and a few fun off-roading excursions. She bought a Mahindra CJ 500, and built it for the competition. 'My first competition was at Vagamon, and after that I did the Palar Challenge, considered one of India's toughest off-road events, organised by Terra Tigers, one of India's oldest off-roading clubs in India,' she says. Veena secured second place in the individual category. 'To me, it is a test of my own abilities. Navigating an obstacle and completing the challenge brings inexplicable joy,' says Veena. 'Off-roading is a part of my life' Riya Bino, an off-roader from Pala, was drawn to the sport watching her father and uncle, both seasoned off-roaders. 'It was only natural that I gravitated to it,' she says. Born and brought up in a verdant plantation setting, Riya used to drive her father's Major Jeep ever since she was in Class VIII. A kindergarten teacher, the gentle-spoken Riya says she knows no fear tackling some of the most complicated trails. She pushes the rig to its limits, and conquers the terrain. 'The backyard of my house was akin to an off-roading track. Off-roading has been a part of my life. It comes easily to me.' She has been competing and is known as one of the emerging talents in the off-roading community. 'For me, it is the energy that one gets when doing something one loves.' Beating trauma When Shilpa Surendran reached a 'breaking point' in life, she sought refuge behind the wheel. The electronics engineer from Thiruvananthapuram, who started a coaching centre to teach Math, found driving therapeutic during rough patches. As someone who loved riding motorcycles and driving, she found herself spending time at a friend's workshop. Her interest gradually deepened and Shilpa eventually joined the Thiruvananthapuram Off-Roaders Club. She began taking part in competitions and built her Land Cruiser 80 series. Shilpa says support from friends has helped her puruse her interest in auto sports. 'It is mentally and physically challenging, but the reward is in overcoming it,' she says. An active presence in the Autocross circuit (a sport where drivers have to navigate a temporary course marked by cones, in the fastest time), Shilpa also performs stunts. 'It makes me feel good about myself; it has made me confident. That is the thing with motorsports. It sort of makes you feel invincible,' adds Shilpa. Social media has helped create awareness and interest in motor sports and more women are now exploring it. Though it requires training and practice, combined with a passion and the means to afford it, motor sports, as the women in it are proving every day, is a matter of grit over brawn.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store