Fiat Chrysler Automobiles (FCA) has announced that it will debut the Fiat 500X crossover in Europe in late 2014 as part of its five-year global plan.

The vehicle is based on the Jeep Renegade crossover and is essentially a raised, five-door Fiat 500. It will likely be powered by the same MultiAir turbo-petrol and MultiJet turbodiesel engines found in the Renegade.

The Italian-American automaker said the United States will get the 500X sometime 2015, along with the launch of a ‘Specialty’ vehicle later in the year that is touted to be the car maker’s version of the upcoming Mazda MX-5.

FCA’s five-year plan pertains to the company’s goal of introducing all-new models and updating older models among its brands: Chrysler, Dodge/SRT, Jeep, Ram, Fiat, Maserati, Alfa Romeo and Ferrari.