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Jeep Compass SUV slows down Fiat Chrysler Automobiles' India growth

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No further plan yet, FCA India will have to keep riding on this solo product at least till 2020 Companies News : Fiat Chrysler Automobiles (FCA) looked set for a growth ride in India going by the response to its locally made Jeep SUV, but that didn’t happen. The Jeep Compass , a premium sports utility vehicle (SUV), connected well with buyers in the fast-expanding segment and the product commanded a waiting period of three months. Then came the slowdown in growth as domestic dispatches of the SUV started tapering. Consider this: FCA, which is riding on this solo product, dispatched 8,033 units of the Jeep Compass to its dealerships in the October-December quarter of 2017. This happened to be a festive period, and the volume was strong — 52 per cent higher than the previous quarter (July-August). However, in the following quarter (January-March, 2018), dispatches came down to 6,219 units. The monthly average of about 2,000 units still looked impressive for a company th