Price Lowered and More Standard Content Added to the All-New 2008 Jeep(R) Liberty

 All-New Jeep Classic Exterior Styling, Functional Interior Space, Refined
    Ride and Handling for Under $21,000 - and with Legendary Jeep 4x4
                       Capability for Under $23,000
    -- Industry exclusive Sky Slider(TM) full-length, open canvas roof
 -- Most advanced four-wheel drive system available in segment with Jeep
    Trail Rated(R) Selec Trac(R) II full-time four-wheel-drive system
-- Jeep(R) Liberty Limited offers the most combined comfort and convenience
                      features available in segment
  -- More standard features including side curtain air bags, body color
               fascia and wheel flares, and aluminum wheels

   AUBURN HILLS, Mich., July 19 /PRNewswire-FirstCall/ -- The Chrysler
Group today announced pricing for the all-new 2008 Jeep(R) Liberty.
Completely redesigned from the ground up, the mid-size SUV features classic
Jeep exterior styling paired with a functional interior, increased cargo
length and rear seat legroom, and the industry-exclusive Sky Slider(TM)
full-length, open- canvas roof.
   The base manufacturer's suggested retail price (MSRP) for the all-new
Jeep Liberty is $20,990, including $660 destination. Two models are
available: Jeep Liberty Sport and Jeep Liberty Limited. The Jeep Liberty
will begin to arrive in dealerships later this summer. "The 2008 Jeep
Liberty offers more value than ever before starting at under $21,000 for
4x2 models and under $23,000 for 4x4 models," said John Plecha, Director -
Jeep Brand Marketing and Global Communications, Chrysler Group. "We've
reduced the MSRP by an average of $1,000 and added approximately $1,400 in
features and content to both models. And, the Jeep Liberty Limited sets the
bar high with the most combined comfort and convenience features available
in its segment."
   Standard on both models is a 3.7-liter SOHC V-6 engine that generates
210 horsepower (157 kW) at 5,200 rpm and 235 lb.-ft. (319 N*m) of torque at
4,000 rpm. On-road ride and handling is improved with the addition of a new
independent front and new five-link rear suspension systems. Staying true
to legendary Jeep heritage, the Liberty offers two four-wheel-drive systems
to meet customer needs, including Selec-Trac(R) II -- the most advanced
four- wheel-drive system available in its segment.
   MyGIG(TM) Multimedia Infotainment System, remote start, memory seats,
mirrors and radio controls, and express up/down windows are added to the
vehicle's list of available features and options. Making its world debut is
the new Sky Slider(TM) full-length, open-canvas roof, an industry
exclusive; giving the Liberty that "Have Fun Out There" open-air Jeep
experience. The 2008 Jeep Liberty has a full range of active and passive
safety systems. Among the vehicle's standard equipment are side-curtain air
bags, Electronic Stability Program, Electronic Roll Mitigation, all-speed
Traction Control, Brake Assist, advanced anti-lock brakes and tire pressure
monitoring. Available options include rain-sensing wipers and ParkSense
Rear Park Assist System.
   2008 Jeep Liberty Sport
   MSRP for the Jeep Liberty Sport 4x2 is $20,990 and $22,600 for 4x4
models (including $660 destination). The Jeep Liberty Sport 4x2 has been
reduced by $1,270 and has added $800 more content. The Jeep Liberty Sport
4x4 has been reduced by $1,170 and has added $900 more content.
   The Jeep Liberty Sport comes standard with a proven and durable
3.7-liter SOHC V-6 engine (210-hp/235 lb.-ft. torque) that is mated to a
six-speed manual transmission.
   Standard on the Jeep Liberty Sport 4x4 is the Command-Trac(R)
four-wheel- drive system. The part-time, shift-on-the-fly, fully electronic
system provides peace of mind with available four-wheel-drive capability
delivered through a two-speed transfer case for use on slippery or loose
surfaces such as snow, mud or sand. Standard features include side curtain
air bags; body color fascias and wheel flares; cloth, low-back bucket
seats; 16-inch aluminum wheels; P225/75R16 all-season black side wall (BSW)
tires; tire pressure monitor; reversible cargo floor; fold-flat, reclining
second row seats and AM/FM stereo with compact disc player and four
speakers.
   2008 Jeep Liberty Limited
   MSRP for the Jeep Liberty Limited 4x2 is $25,175 and $26,785 for 4x4
models (including $660 destination). The Jeep Liberty Limited 4x2 has been
reduced by $720 and has added 2,000 more content. The Jeep Liberty Limited
4x4 has been reduced by $620 and has added $2,100 more content.
   Standard features include Command-Trac(R) part-time four-wheel-drive
system (4x4); YES Essentials seat fabric; fold-flat passenger seat; power
front driver seat; Infinity premium audio speakers (eight) and a subwoofer;
four-speed automatic transmission; 17-inch aluminum wheels; P235/65R17
all-season BSW tires; security alarm; speed control; universal garage door
opener; tire pressure monitoring system with display; SIRIUS Satellite
Radio; electronic vehicle information center; auto-dimming rearview mirror;
auto up-down driver window; auto down passenger window; power heated
folding-exterior mirrors, full-size spare tire and 115V power outlet.
   Available on the Jeep Liberty Limited 4x4 is the all-new Selec-Trac(R)
II full-time, active on-demand system that anticipates and prevents wheel
slip before it occurs. The system is ideal for a range of road settings
including dry pavement conditions not typically suited for conventional
part-time four-wheel-drive systems typically seen on competitors.
   Industry-Exclusive Sky Slider(TM) Full-length, Open Canvas Roof
   The all-new 2008 Jeep Liberty brings the "Have Fun Out There" open-air
Jeep experience with the industry-exclusive Sky Slider full-length,
open-canvas roof.
   With an MSRP of $1,200, the Sky Slider roof is versatile and can be
moved to several positions, including full forward, full rear or partially
open to any position in-between with a convenient express one-touch switch.
   The Sky Slider roof is made of a reinforced-acrylic cloth, similar to a
convertible top, that is weather resistant and leak proof. The top panel
nests into a weather strip seal to help minimize wind noise. The roof uses
anti-pinch software that prevents the roof from moving should it detect an
object in its path. The Sky Slider roof was designed and tested for safety
to meet all regulatory and Chrysler Group requirements.
   The Sky Slider roof is an optional feature on both the Jeep Liberty
Sport and the Jeep Liberty Limited.
   The Jeep Liberty is built at the Chrysler Group's Toledo North Assembly
Plant in Toledo, Ohio, alongside the Dodge Nitro.
   Jeep Brand
   The Jeep brand has expanded to seven nameplates in the 2007 model year,
the most available to retail consumers at one time in the brand's 66-year
history.
   At the start of 2004, the brand's trio of tough, capable, rugged SUVs
included the venerable Jeep Grand Cherokee, Jeep Liberty (Cherokee outside
North America) and the icon of the brand, the Jeep Wrangler. In 2005, the
Jeep Commander was introduced. In 2006, the redesigned Jeep Wrangler was
unveiled. Also debuting in calendar year 2006 were three more all-new Jeep
vehicles: Jeep Patriot, Jeep Compass and the four-door Jeep Wrangler
Unlimited.
   With the introduction of the all-new 2008 Jeep Liberty mid-size sport-
utility vehicle (SUV), Jeep offers customers the freshest, most capable and
widest range of sport-utility vehicles under one brand in the industry.
                         2008 Jeep Liberty Pricing
   -- Jeep Liberty Sport 4x2             $20,990 (including $660 destination)
   -- Jeep Liberty Sport 4x4             $22,600 (including $660 destination)
   -- Jeep Liberty Limited 4x2           $25,175 (including $660 destination)
   -- Jeep Liberty Limited 4x4           $26,785 (including $660 destination)
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