competitors to jeep grand cherokee
The Jeep Grand Cherokee is a mid-sized SUV type of vehicle the Jeep manufacturing company which is a subsidiary of Fiat Chrysler Automobiles. The model was first launched in 1992 with a unique unibody chassis build. Since and then, it has undergone several mechanical and aesthetic changes with a full of 4 generations and 7 different trims since 1992. It has since secured itself every bit one of the almost trusted SUV brands and stands out from competitors equally having received the well-nigh awards for everything from safety to performance. The Fiat Chrysler Automobiles which owns the brand is besides an manufacture leader with annual revenue in the billions including 108.19 billion in sales in 2019 lone.
| COMPANY Name | Jeep (Fiat Chrysler Automobiles) |
| FOUNDED | 1943 (Joined FCAU in 1987) |
| HEADQUARTERS | Toledo, Ohio, United states of america of America |
| SIC Code | 3714 |
| STATUS | NYSE Publicly Traded |
| Manufacture SECTOR | Automobile manufacturing |
| EMPLOYEES | 198,545 (2018) |
| TRADING SYMBOL | FCAU |
Jeep similar companies:
Hyundai, Subaru, Ford, Toyota, Nissan, GMC, Audi, Chevrolet, and Dodge all with several, high performance SUV models.
Who is Jeep Grand Cherokee top competitor?
The tiptop competitor for Jeep Grand Cherokee in the SUV niche is KIA. With lines like Sportage and Sorento, the make has risen steadily to the pinnacle of the SUV food chain. They are known for their first-class structure and employ of high quality materials plus their impressive 10 year powertrain warranty offers. The SUVs likewise give the Jeep M Cherokee a run for its money with its fuel efficiency, state of the art safety features, and high performance engine.
How the company makes money
The chief sources of Jeep'south revenue include vehicle sales, spare parts sales, and public shares trading.
Vehicle sales
The Jeep Grand Cherokee is the bestselling model from Jeep with sales of 242,969 units in 2019. Considering the fact that the Jeep brand alone accounts for virtually 30% of annual sales from Fiat Chrysler Automobiles, it is safe to say that the Jeep Grand Cherokee is one of the near popular models in the entire corporation.
Bulk of these sales are made in Due north America with global contributions from regions like Australia, Western Europe, and some parts of Due south America.
Spare parts sales
In add-on to selling the actual vehicles, Jeep also earns revenue from auction of spare parts. This does non account for as much revenue as the bodily vehicles with very little data existing on the statistics permit alone their actual almanac figures from this acquirement stream.
Public trading
Jeep is publicly traded under the Fiat Chrysler Automobile corporation. The joint corporation entered the NYSE market in 2014 subsequently a seven-year hiatus when Chrysler existed as an private company.
Since and then, the company has seen many ups and downs in its stock positions with the highest point in February 2018 and the everyman dip so far being in Feb of 2013. Nonetheless, the stock prices have remained relatively steady since and then with no major drops or rises.
KIA Sorento
The KIA Sorento is a mid-size SUV which, like the Jeep 1000 Cherokee, has a unibody chassis pattern. This model was first launched in February of 2002. Since then, there have been a total of 4 generations released with the latest being released in February 2020. The model is generally historic for its quality construction and powerful engine. The latest release has introduced a new dimension to the contest with the hybrid engine model that is a user-friendly, fuel efficient, and environmentally friendly alternative to the traditional gas engine.
The make KIA Motors itself is the 2nd largest vehicle manufacturer in South korea where its headquarters are. In 2015, it became a function of the Hyundai Motor Corporation which is the leading motorcar visitor in the country. Since then, the company has seen major revenue growths with 74% in profits in 2019. KIA is also publicly traded in the Korean Substitution market (KRX).
Honda CR-V
Since 1995, the Honda CR-V has been one of Honda'due south leading SUV models and vehicle make in general. This has a lot to practice with the powerful engine and fuel economy that it offers. Since its launch in the mid-90s, in that location have been five generations with major changes to everything form the aesthetics to engine capabilities. 1 of the most historic changes thus far is the turbocharged engine that can reach up to 5000rpm torque.
The visitor backside this model is Nihon-based Honda which has been i of the leading producers of SUV-type vehicles. Honda has seen massive global success with revenues of as loftier every bit 138.25 billion and an employee base of more than 200,000 all over the world. In addition to machine sales, this success is largely due to public trading in markets similar the New York Stock Exchange, Tokyo Stock Exchange, as well every bit markets in Osaka, London, and Paris just to proper name a few.
Subaru Forester
Subaru is a major player in the SUV niche with the likes of the Crosstrek, and the massive 7-seater Ascent. Even so, the Forester easily stands out as 1 of the biggest competitors to the Jeep Grand Cherokee model. The model was first released in 1997 and is currently at its 5th generation release. It is considered one of the virtually powerful SUVs especially for off-road use. This is mainly due to the strong engine and default 4-wheel drive setting. It is also pop for its spacious design especially when it comes to torso storage. All these perks accept earned information technology several awards including Motor Trend Magazine'due south SUV of the Twelvemonth Honor in 2014.
Subaru itself is an industry giant and has been consistently ranked amidst the top thirty near successful global automobile manufacturing brands. They are known for their powerful boxer engines and 4 wheel drive mechanism perfect for everything from racing to off roading.
Ford Edge
Ford Edge is one of the Jeep 1000 Cherokee'southward youngest competitors having only been introduced into the market in 2006 as the 2007 model. This started the brand's winning streak with multiple awards in this commencement yr alone including being named ane of the best cars for families by AAA and Family Magazine. This popularity is due to a combination of features like the spacious design, sturdy construction, as well as incredible prophylactic features.
The company Ford has also been a potent Jeep competitor in general. It is actually considered the second biggest car manufacturer in the United states second only to Full general Motors. Furthermore, it has made a name for itself on a global scale with a 5th position ranking. It is also publicly traded in the New York Stock Substitution market. The interesting fact is that despite Ford Edge being one of the youngest competitors to the Grand Cherokee, the make Ford itself is 1 of the oldest on this list having been launched in 1903. That is more than 100 years in service.
Toyota 4Runner
Toyota is the largest car manufacturer in the unabridged world. With their dedication to quality and innovation, it comes as no surprise that ane of the Grand Cherokee's biggest competitors is a Toyota SUV. The 4Runner in particular is everything you lot would want from an SUV from functioning both on shine and crude roads to space. Information technology is likewise considered one of the longest lasting vehicles to reach 200,000 miles and ane of the easiest to maintain amongst SUVs. All these factors have contributed to its massive popularity as a mid-size SUV alternative in the global marketplace.
In improver to being an automobile niche leader, Toyota is generally one of the most successful companies in the world. In fact, information technology is the tenth largest company in the earth by revenue and is traded on several stock exchange markets from New York and Tokyo to Nagoya and London.
Nissan Pathfinder
The Nissan Pathfinder was one of the very first SUV models to hit the market with the meaty version being released in 1986. Information technology has come a long way from the body-on-frame, 2 door models of the first generation to the unibody, 4 door option in the current generation. The model has been enjoying five figure sales with 65,691 units sold in 2019. While it may not exist the bestselling SUV among G Cherokee's competitors, its features accept made it stand up out as a truly formidable alternative.
Nissan itself is a global car bigwig accounting for a huge proportion of global sales that landed it its 6th position ranking among the superlative vehicle manufacturing companies in the world. In the final decade, the company has shifted its focus to more revolutionary applied science including electric cars. It was really considered the leading manufacturer of electronic cars as of Apr, 2018 and has but been making massive leaps forward since.
GMC Acadia
The GMC Acadia SUV gives the G Cherokee model a run for its money when it comes to space. The interior motel offers more caput and leg room despite the model nevertheless being in the mid-size SUV category. The GMC Acadia is also more impressive when it comes to utilise of engineering science with its Intellilink organisation. This comes in handy for everything from navigation to amusement integration with your other devices. Other than these perks, the Acadia and the Grand Cherokee are almost neck to neck when it comes to performance, quality of construction, and fuel efficiency.
The model is from America's number one automobile manufacturing company and the 4th in the globe. Information technology is as well the second oldest on our list of competitors having been started in 1908 as a holding company. Since then, the company has been behind several iconic lines including Cadillac, Buick, and Chevrolet.
Audi Q5
The one thing that the Audi Q5 stands out the most in is aesthetics. It is popular in the foreign, luxury SUV niche and it more than delivers as far every bit aesthetics are concerned. The 5-seater vehicle is also lauded for its loftier tech systems especially with more than contempo models including the two generation Q5 SUVs released from 2018.
Though the vehicle is branded with the Audi logo, information technology is actually a production of the larger Volkswagen Group which owns the Audi brand. The brand is known for its high performance, luxury cars whether it is their SUVs, Sedans, or sports car styles.
Chevrolet Traverse
The Chevrolet Traverse is a full-size, crossover SUV that can sit up to 8 individuals comfortably. This is where it beats the most infinite-limited Jeep Chiliad Cherokee. The Traverse is another young model on this list of competitors being released as recently as 2008. Despite being late to the game, it has stood out with its functioning and prophylactic features as well as quality of construction. Information technology has actually enjoyed higher yearly sales than many other classic SUV models with 147,122 units sold in 2019.
Chevrolet itself is a make under General Motors Company. The partitioning was launched in 1911, three years later the start of the parent company. The make is known for large vehicles including is multiple lines of trucks and SUVs.
Dodge Durango
The Dodge Durango and Jeep One thousand Cherokee share i thing in common which is the fact that their brands are both nether the Fiat Chrysler Automobile. Information technology stands out amongst other SUVs with all its space from the 7 seater capacity to the 85.1 cubic feet of trunk space. These changes are role of the 3rd generation models that have been released since 2011.
As an individual make, Dodge has seen some pretty rough times including a 2009 filing of chapter eleven bankruptcy subsequently which it was acquired by Fiat. Today, it exists to serve a mid-price audience for the Fiat Chrysler Automobile company. With annual sales reaching 422,886 in 2019, information technology is safe to say that the targeting strategy is working.
Determination
The top 10 Jeep Thousand Cherokee direct competitors are: the Kia Sorento, Honda CR-Five, Subaru Forester, Ford Edge, Toyota 4Runner, Nissan Pathfinder, GMC Acadia, Audi Q5, Chevrolet Traverse, and Dodge Durango. Together these brands behind these models utilise nigh 1.27 million people worldwide with an average of 127,645 employees per visitor. Honda has the about at 215,638 and is ranked twond among Jeep Grand Cherokee's top x competitors in the SUV automobile niche.
Competitors' Stats
| NAME | FOUNDED | HEADQUARTERS | EMPLOYEES |
| KIA | 1944 | Seoul, Southward Korea | 52,488 |
| Honda | 1946 | Minato, Tokyo, Japan | 215,638 |
| Subaru | 1953 | Ebisu, Shibuya, Japan | 34,200 |
| Ford Motors | 1903 | Dearborn, Michigan, U.s. of America | 190,000 |
| Toyota | 1937 | Toyota City, Japan | 359,542 |
| Nissan | 1933 | Nishi-ku, Yokohama, Japan | 138,910 |
| Full general Motors | 1908 | Detroit, Michigan, United states of America | 164,000 |
| Audi | 1910, Relaunched in 1969 under VW grouping | Ingolstadt, Frg | 91,674 |
| Chevrolet | 1911 | Detroit, Michigan, United States of America | 20,000 |
| Dodge | 1900 | Auburn Hills, Michigan, The states of America | ten,000 |
Jeep Grand Cherokee Competitor Crossword
Content from this and other articles on this website tin can be used as a crossword clue
Source: https://whatcompetitors.com/jeep-grand-cherokee/
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