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Report: Jaguar F-Type gets the greenlight

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Report: Jaguar F-Type gets the greenlight

by Steven J. Ewing (RSS feed) on May 28th 2010 at 3:28PM

Now that Jaguar is safely secured under the financial blanket of Tata Motors, the automaker is becoming more ambitious in its efforts to expand its model range. Tata has promised a yearly investment of £1 billion for the next five years, which means Jaguar will have the funding it needs to get new products cranked out. In talking with Auto Express, Jaguar Land Rover boss Carl-Peter Forster has reportedly confirmed that a few new models are in the pipeline, including the F-Type sports car, which we saw in concept form back in 2000 (pictured above).

This certainly isn't the first time that we've heard rumblings about F-Type production, and we've seen plenty of speculation about what the new sports car will look like. Rumors have suggested that the new sporty Jag will compete with the likes of the Porsche 911 or Audi R8.

When will a finished F-Type be on the road? Your guess is as good as ours, but due to Jaguar having just refreshed its entire model range within the last few years, we'd assume that the ball is indeed rolling on this new sportster.



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Jag F-Type is go

Tata chief, and JLR boss Carl Peter Forster reveals his vision for the future of legendary British firm.

28th May 2010

A new sports car, a fourth Range Rover, a BMW 3-Series rival and an executive estate, plus new factories in China, exciting engines and a return of focus to innovation... Under Tata control, Jaguar Land Rover will be more ambitious, says top boss Carl-Peter Forster. The man in charge of making it happen is Ralf Speth, and he told us it’s time to put the pedal to the metal!

The F-Type was first seen in the form of the XK180 concept back in 1998, but the project has been constantly delayed as the company struggled with its finances. But now, thanks to the promise of £1bn of investment every year for the next five years by new Indian owner Tata, a driver-focused sports car is imminent.

Despite the good news about Jaguar Land Rover’s investment in new product and advanced technology, Tata boss Carl-Peter Forster believes the firm remains committed to closing one of its UK factories.

Put simply, Forster says “It is much better for a car company to have one large factory, than two small ones.”

Currently, Jaguar Land Rover is reviewing the future of its two West Midlands plants in Solihull and Castle Bromwich. An announcement about the future of the locations is due this summer.

Meanwhile, JLR has confirmed it will open a new plant in China within the next two years. With a production target of around 30,000 units per year, the factory is set to build Defender, Discovery and Freelander models from UK-supplied kits. A similar set-up is also planned for India.

“This move isn’t about taking volume out of the UK,” said Forster. “It’s about strengthening business in emerging markets.”

Read more: http://www.autoexpre...l#ixzz0pWHm8mBu

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