With the sale of Jaguar to India’s Tata Group expected to be announced within weeks the British carmaker will finally have the financial backing to develop the exclusive range of performance cars its management has been dreaming of. Shedding the Ford shackles, which have held it back for 15 years, and less than a year out from returning to profitability, Jaguar is now ready to develop a range of new models including luxury saloons, sporty coupes and all new two-seater 911-rival.

Already in the works is the replacement for the XJ flagship. Codenamed X351, the new car is expected to arrive next year and will feature a more advanced aluminum body (fewer rivets, more extrusions and extra rigidity). It will have a unique look all of its own and won’t simply be a bigger XF, and will come in both short and long wheelbase models, reports Autocar.

The XK Coupe will eventually spawn an ultra-performance XKR-R model complete with the carmaker’s new 500hp 5.0L V8 engine and a top speed of around 180mph. According to the source, Jaguar could also develop a new sedan on the XK as well. This model would be styled as a four-door coupe and rival cars like Mercedes’ CLS and the forthcoming Panamera sedan from Porsche.

Expect to see several variations of the current XF as well. In addition to the sedan, Jaguar is almost certain to release an estate-wagon variant and officials are considering launching a coupe, convertible and possibly even an AWD crossover.

The car that’s got everybody excited, however, is the new high-performance sports car. Rumored to pick up styling cues from the previous F-Type concept car, the new model will feature a steel body built around the XF platform (the XJ’s aluminum body is likely too expensive to re-engineer). Both V6 and V8 engines will be on offer and performance should be similar to the Porsche 911 family.