2007 Jaguar Xk Base Convertible 2-door 4.2l on 2040-cars

Auto blog

Jaguar Land Rover posts profitable quarter amidst big yearly losses

Jaguar has posted its first profit in quite some time, as the financial quarter ending on March 31 brought in a net income of $151.6 million. However, that is the light in the end of the tunnel, as full year results through March showed a $4.58 billion loss (GBP3.6 billion). The losses are again attributable to declining sales in China, with a whiff of the still-lingering Brexit process. While JLR's annual U.S. sales were up 8.1 percent, and U.K. sales improved by 8.4%, overall sales came down 5.8% to 578,915 vehicles. For April, Chinese sales nearly halved as they dropped by 46 percent. Earlier this year, JLR's woes caused its owner Tata Motors to post the biggest ever quarterly loss in Indian corporate history, at nearly $4 billion. JLR's CEO Ralf Speth stated that the company is "reducing complexity" and transforming its business by cost savings and cash flow improvements, citing the fourth-quarter profits as an example of the ongoing turnaround. Speth said JLR has already managed to deliver $1.59 billion (GBP1.25 billion) of efficiencies and savings. JLR says its turnaround program, dubbed Charge, will drive it to at least $3.18 billion (GBP2.5 billion) of investment, working capital and profit improvements by March 2020, and that it currently has $4.84 billion (GBP3.8 billion) of cash. Speth continued that JLR will "go forward as a transformed company that's leaner and fitter," and that the sustained investment in new products and technologies will drive future demand. There has been earlier speculation of Tata Motors selling JLR to the PSA Group, but as Autocar reports, Tata's financial chief again refuted these rumors. JLR also announced today that its CFO of 11 years, Ken Gregor is stepping down after 22 years with the company, and that he will be succeeded by JLR's Chief Transformation Officer, Adrian Mardell.

Cat Scratch Fever: Jaguar's turnaround looks toward the US

It is ironic that a British car company, steeped in the European sports-car tradition and now owned by an Indian industrial conglomerate, will ambitiously be seeking to attract customers in the United States with, of all things, a truck. But there it is: Jaguar's beefy F-Pace crossover, the first SUV in the company's 80-year history, hit the ground last month at the Frankfurt motor show. The F-Pace – along with the new XE sedan designed to take on the BMW 3 Series and Audi A4 both in Europe and on these shores – is spearheading the brand's hoped-for turnaround on this side of the Pond. In the States, Jaguar is still a big player for Tata Motors of India, which bought Jaguar Land Rover from Ford for $2.3 billion after months of back-and-forth negotiations in 2008. It seemed like an incredibly brassy move at the time, when the economy worldwide was reeling and Britain's automotive industry was on its heels. And while the Jaguar brand name has a grand historical resonance, in the first nine months of 2015 it moved just over 11,000 cars in the US, down five percent for the same period the previous year. But if Porsche can capitalize on SUV sales, so can Jaguar. The tea leaves are promising come next spring, when both new premium luxury models arrive in the US. The F-Pace will have a starting price of about $43,000; the sedan range starts at a competitive $35,000. View 25 Photos Architecturally, both models are similar, with a modular aluminum chassis, and, for the F-Pace, a range of gasoline and diesel engines for Europe as well as rear- or all-wheel drive. For the American market, the model-year 2017 crossover will launch with a 380-horsepower gasoline V6 mated to an eight-speed transmission and all-wheel drive. Later in 2016, a 180-hp four-cylinder Ingenium diesel is expected to be added to the lineup. Both models are currently built in the UK, although if demand increases, Jaguar is likely to shift some production to Brazil, China, or Eastern Europe. I wanted a Jaguar that was designed as a crossover, not the other way round. For Jaguar design director Ian Callum, who showed up at the SUV's formal debut in Frankfurt, skepticism – did we mention that Jaguar was a sports-car company? – turned to enthusiasm as his team worked to develop some "drama" in the SUV's shape. "I wanted a Jaguar that was designed as a crossover, not the other way round," he said.

2021 Jaguar F-Type convertible and coupe spied at the Nurburgring

We got our first look at the 2021 Jaguar F-Type back in May this year, and we were impressed with the edits Jag has in store. The F-Type hasn’t changed a whole lot since it went on sale in 2013, and this redesign looks like the most comprehensive update itÂ’s ever received. These latest shots show the British sports car running around the Nurburgring in both coupe and convertible body styles. We havenÂ’t seen the drop-top yet, so this marks our first look at this version of the new F-Type. Of course, the black soft top is up on this one, but it looks just how weÂ’d expect the convertible to appear. Both the convertible and coupe spied here appear to be high-performance V8 models with quad exhaust tips protruding aggressively beyond the rear bumper. Both these models are making use of their differing active rear wings on the track. The lit-up taillights in back draw our eyes with a shallow U-shaped design. One difference we note among the two is the rear valance/diffuser design. The coupe looks like itÂ’s rocking the design derived from the current SVR, while the convertible looks like an R. However, the tiny wing on the coupe looks nothing like the large one used on the current SVR. What might Jaguar be planning? What we do know is that this Jaguar is most likely still going to look stunning. The shape and silhouette of the car will stay the same, but the sheetmetal and styling elements are definitely going through a significant evolution. The big grille and thin headlights are in line to give the face an entirely new look. Even though Ian Callum has decided to step away from Jaguar Land Rover, he was undoubtedly involved with the design process of this F-Type.  We hope to see even more of this stylish British rocket as Jaguar presses on with development. Expect powertrain upgrades aplenty when itÂ’s finally revealed. These few prototypes weÂ’ve seen out driving spell good news for fans of V8 engines, too.