BIRMINGHAM - Jaguar's X400, due in two years' time, will be developed off an all-new platform.
'With the X400, we have sufficient volume to justify a platform development,' said Jaguar chairman Nick Scheele.
Jaguar's new mid-luxury S-type sedan and the Lincoln LS share a common platform. Although the X400 will have its own platform, Jaguar will try to cut costs by sharing parts with its parent, Ford. 'We'd be crazy not to,' said Scheele.
The X400 - or baby Jaguar - will compete with the BMW 3 series and Mercedes C-class. Jaguar expects the car to double its worldwide sales to more than 200,000 a year.
The current challenge is to get the S-type and the X400 on the market. The two new models are 'absolutely core to our future,' Scheele said. Jaguar then will use those cars to expand into other niches.
Scheele gave the supercharged Jaguar XKR sports car as an example. 'I have no doubt that when we get there (with S-type and X400), we'll find similar avenues to explore,' he said.