Jaguar has confirmed that the carmaker is working on a new small saloon that will slot into its line-up below the XF.
The showroom price of the new model is expected to start at around £28,000 in today’s money.
Adrian Hallmark, Jaguar’s Global Brand Director, says that the sub-£30,000 premium car market is ‘four times the size’ of the market for saloons priced above £30,000, making it an essential move.
According to company insiders, the new car will be slightly smaller than today’s XF saloon, while still being big enough to accommodate five adults. There’s no news yet on whether the car will be built around an aluminium platform. However, the replacement for the XF will almost certainly be made from aluminium, will grow in size and will move slightly further upmarket.
Jaguar sources also confirmed that an all-wheel drive version of the XJ saloon is currently under development and will be launched in under 24 months time, possibly coinciding with a mild makeover for Jaguar’s flagship saloon.