Auto News

AutoGuide News Blog

The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Aug 16 2011, 10:40 AM

Chrysler has announced that it is dropping the MSRP of the 2012 Jeep Grand Cherokee by $3,220. The base Laredo model, when it goes on sale next month, will start at $26,995 before options and taxes.

In addition, the 2012 model receives a number of significant changes, including a six-speed automatic transmission for the 5.7-liter V-8 as well as standard electro-hydraulic power assisted steering on 3.6-liter V-6 powered models.

These improvements are said to net significant gains in fuel economy; two-wheel drive V-6 engined examples being rated at 17/23 miles per gallon (city/highway), while 4WD versions are pegged at 16/23 (fuel consumption figures for the 5.7-liter V-8 have yet to be released).

Trim levels on the 2012 Grand Cherokee remain unchanged from last year, besides the base Laredo, there’s a $36,795 Limited model and a $39,495 Overland. The specialty SRT-8 model, with it’s 6.4-liter Hemi V-8 and tuned suspension, stickers at $54,470.

The Grand Cherokee isn’t the only SUV in the Chrysler family that’s experienced a price cut, the MSRP on the 2012 Dodge Durango (which gets similar mechanical upgrades), has also dropped, though in this case only by some $200.