<ul><li>Jeep is set to re-enter the midsize segment with a new Cherokee later this year, featuring a distinct Jeep design with a hybrid powertrain and all-wheel drive.</li><li>The new Cherokee is expected to have competitive pricing and aims to compete in the popular midsize segment between the Jeep Compass and Jeep Grand Cherokee.</li><li>The previous Cherokee had a smaller cargo area, but the new model is anticipated to address this issue. The release is planned before the end of this year.</li><li>Jeep CEO stated that entering the midsize segment is crucial to bolster their mainstream lineup and compete in a lucrative market segment with abundant options.</li></ul>

Jeep Announces New Cherokee

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