New Jaguar saloon to be called XE
Jaguar said the new XE mid-sized sporty family saloon will be ‘the most advanced, efficient and refined sports saloon in its class.’
Jaguar Land Rover is owned by Indian industrial giant TATA which bought it from Ford for £1.2billion and initially struggled, but in the 12 months to 31 March 2013, it generated profit before tax of £1.675billon with revenues of £15.8billion.
Then in January this year it announced it had smashed its annual sales records selling 425,006 vehicles in 2013 – a 19 per cent increase on 2012 – with new sales records set in 38 international markets. At home, Jaguar sales rose 15 per cent in 2013, with Land Rover up 13 per cent.
Tata has also invested billions in Britain including £1.5billion in a new hi-tech aluminium facility in Solihull creating 1,700 new jobs which bring the total number of UK manufacturing jobs announced by Jaguar Land Rover over the last three years to almost 11,000.
Annual Jaguar sales are currently just above 60,000 a year – which experts say is ‘paltry’ and ‘not viable’.
But the firm want to get closer to 250,000 or even 300,000 – which would mean at least quadrupling Jaguar sales.
The new XE car – until now codenamed X760 - will be Jaguar’s big volume seller and will massively boost the firm’s production.
Jaguar Land Rover chief reveals name of new saloon at Geneva Motor Show along with a sneak peak of the car
The new Jaguar compact saloon, which will take on rivals like the BMW 3 Series and Audi A4, will be called the Jaguar XE.
The new name was revealed by Jaguar Land Rover boss Dr Ralf Speth on the Jaguar stand at the Geneva Motor Show.
“We announced just a few weeks ago that our new Engine Manufacturing Centre would produce a new family of premium, lightweight, low-friction, low emission four-cylinder petrol and diesel units," said Speth. "The first of our Ingenium engine range will be used in our all-new mid-sized Jaguar sports sedan. That car will be called the Jaguar XE, and it will be unveiled in production form later this year.”
Speth also showed us the first glimpse of what the car will look like when it arrives with a short snippet of the front end.
The new range of Ingenium engines will offer class-leading efficiency, too. Speth claims the XE fitted with the new four-cylinder unit will be capable of emissions of less than 100g/km CO2, making it exempt from road tax and the most efficient car in its class. Other versions of the four-cylinder engine will be capable of some serious performance, though, with top speeds of over 186mph.
The Jaguar XE will use the same aluminium platform that will underpin the production version of the Jaguar C-X17 SUV – which is due in 2016. Jaguar reckons the new aluminium platform will eventually be used in the construction of most models in its range.
Ian Callum, Jaguar director of design, said:
"The new Jaguar XE is every bit a modern Jaguar; more compact in size but visually striking. Customers will expect a great deal from a mid-size Jaguar - it must be practical but premium. We never forget we are designing a Jaguar and that means it must be as exciting to look at and drive as it is brilliant to run and practical to own. We believe we’ve done just that with the Jaguar XE.”
Full details on the Jaguar XE range and technical details will be revealed later this year, while the car will go on sale in 2015.
Prices are likely to start somewhere between £25,000 and £30,000.
http://www.youtube.com/watch?f [...] kENNAhiP10