Jeep and Ram vehicles are about to get more affordable with prices under $40,000

Stellantis plans to launch seven new Jeep, Ram, and Chrysler vehicles priced under $40,000, and two that will cost less than $30,000.

More affordable Jeep, Ram vehicles launching by 2030

As part of its new FaSTLAne 2030 business plan, Stellantis will invest $69.5 billion (€60 billion) over the next five years to boost growth and profits.

The new plan, revealed during its Investor Day at Stellantis’ North American Headquarters in Auburn Hills, Michigan, on Thursday, includes a complete overhaul of its current lineup.

Between now and 2030, Stellantis will launch 60 new vehicles, and another 50 will be significantly updated. The new vehicles will span all powertrains, including 29 purely electric vehicles (EVs), 15 plug-in hybrids (PHEVs) or range-extended electric vehicles (REEVs), 24 hybrids (HEVs), and 39 ICE or mild-hybrid models.