Jeep's Electric Recon: A Comeback Story

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays

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Jeep, the iconic SUV brand, is making a comeback after six years of declining sales in the U.S. The brand, known for its classic Wrangler, has unveiled the all-electric SUV, Jeep Recon, as part of its revitalization plan. Jeeps CEO, Bob Broderdorf, aims to reclaim the segment the brand essentially invented. Despite challenges like premium pricing and production issues, Jeep has seen its best quarterly sales gain in over two years. However, the brand still faces hurdles such as quality concerns and a recent recall. Jeep is confident in its strong product pipeline and clear vision to grow and thrive in the coming years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.