Driving the news: More affordable new car models are starting to land at dealerships.
For context: Jeep is delivering the redesigned 2026 Cherokee after a two-year hiatus, according to Autoblog. The crossover starts at $35,000 and runs on a turbocharged hybrid that Jeep says will hit 500 miles of range.
The Cherokee adopts a boxier design following the trend set by the Hyundai Santa Fe and Toyota Land Cruiser.
Stellantis $STLA ( ▼ 3.4% ) killed the 4xe plug-in option as it backs away from electrification and refocuses on hybrids.
Meanwhile: Chevy brought back the Bolt for 2027 at $28,595, making it the cheapest EV in America, reports Electrek. General Motors $GM ( ▲ 0.95% ) discontinued the original in 2023 despite strong sales, but now it's officially available with faster charging and a NACS port, though GM controversially ditched CarPlay.
Bottom line: The Bolt undercuts nearly every EV on the market, while the Cherokee competes with the RAV4, Bronco Sport, and Forester in a crowded crossover segment. These models will likely give dealers ammunition to compete for customers who've been sidelined by an industry that spent years chasing margins over volume.
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