Jaguar's XF and new 2010 XJ sedans have made waves in the sport-luxury seas, bringing a newer, fresher face to what was once a bit of a stodgy lineup. Now it looks like Jaguar may be planning even more boat-rocking, with several new models in the pipeline including a sports car, a BMW 3-Series rival and an estate wagon.
The reasoning behind the new models is obvious: moving metal. To make money, Jaguar needs higher volume models, and that means lowering the bar for entry. While the XF might be argued as Jaguar's current foray into that field, it's nearer a 5-Series/E-Class size than a midsize sedan, and it starts from $52,000 and quickly runs upward of $80,000 for the XFR Supercharged. That leaves a lot of headroom for several sub-XF models.
Speaking with Motor Authority, Carl-Peter Forster, the new CEO of Tata, has revealed the future plans for subsidiary company Jaguar Land Rover.
According to Forster, Tata will invest more than $1.5 billion in Jaguar Land Rover every year over the next five years. This will also include funding for a new plant in China to start building Complete-Knocked-Down kits imported from the UK--a similar plant is planned for India, with both new factories building various Land Rover models.
For more information on the new sports car, rumored to be called the XE, click here. As for the estate model, click here for our previous story, and click here for out story on Jaguar's future plans for a successor to the X-Type.