Tata Motors owned Jaguar Land Rover (JLR) on Tuesday announced the official launch of Jaguar XE in London.
"The Jaguar XE is a vehicle at the very heart of the UK's manufacturing renaissance. It combines pre-eminent British design with British engineering in a special car for customers around the world," Ralf Speth, JLR CEO, told reporters at a briefing on the new model. "This premium mid-sized sports sedan is the outstanding realisation of two new factories, 2,300 new jobs and around $2 billion of investment in the UK," he added.
The new compact executive saloon is all set to hit the European market early 2015, with the US later in the year and will eventually be available in India and other emerging markets.
"The XE comes with a very exciting driving experience and is intended for the global market. We hope to deliver in China, India and other emerging after its US launch later next year," Speth said.
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