The engine produces 104kW of power in six-speed manual spec and 127kW when paired with the nine-speed automatic transmission. Both produce 350Nm of torque.
Jeep says both versions will feature stop-start engine technology and will be offered in either front-wheel-drive or four-wheel drive with rear-axle disconnect.
The European Jeep Cherokee line-up will also include the 199kW/316Nm 3.2-litre petrol-powered V6 Pentastar engine. Russia and the Middle East will additionally gain the 137kW/232Nm 2.4-litre four-cylinder Tigershark petrol engine.
Fiat Chrysler Group Australia will offer both petrol engines alongside the diesel in the new Cherokee range.
The 2014 Geneva motor show begins on March 4.