Fiat Chrysler Automobiles [NYSE:FCAU] confirmed in its five-year strategy announcement made last year that it will launch a new Grand Wagoneer on the market in 2018. The vehicle, to be based on a heavily-updated version of the current Grand Cherokee platform, will be Jeep’s most expensive model, with high-end variants aimed at full-size luxury SUVs like the Cadillac Escalade, Land Rover Range Rover and Mercedes-Benz GL-Class.
While the vehicle is unlikely to be shown publicly for some time still, FCA is tipped to present the car at its biennial dealer meeting taking place in Las Vegas this August. Automotive News (subscription required) is reporting that FCA is teasing the new Grand Wagoneer to get more of its dealers to attend the meeting.
Work on the new Grand Wagoneer has actually been going on for several years already. FCA CEO Sergio Marchionne first confirmed plans for the vehicle as far back as 2011, although at the time he said it will launch in 2013. The last Grand Wagoneer bowed out of the market in 1991. Expect the new one to be a large, fully-capable SUV with third-row seats. Powertrains should include V-6 and V-8 options, with a diesel unit thrown in for some markets
Stay tuned for an update.