Jaguar to launch affordable range in 2015
Complex Made Simple

Jaguar to launch affordable range in 2015

Jaguar to launch affordable range in 2015

British luxury carmaker Jaguar, part of the Jaguar Land Rover group, is to launch new affordable models from 2015, in a bid to emulate the success of lower cost luxury vehicles made by its sister company Land Rover, Reuters has reported, citing two sources close to the company. The new cars will include a compact saloon and crossover SUV, currently the fastest-growing models in terms of global sales, and be available in the second half of 2015, one of the sources said. "It's a logical idea to use the momentum from Land Rover and expand the Jaguar range," said IHS Automotive research director Christoph Stürmer. "Jaguar is less than half the size of Land Rover so they need to do something, plus investors will like a move downscale."

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved