Land Rover will launch a sporty Range Rover SUV to rival the Porsche Macan and BMW X6, a report said.
The midsize model will debut at the Geneva auto show next month, Autocar India reported.
The SUV will sit between the Range Rover Evoque and Range Rover Sport and will be called the Velar, reviving a name used internally in the past by Land Rover, the magazine reported.
Land Rover called the report "pure speculation" without denying it.
The Velar will be based on Jaguar Land Rover's D7A aluminum platform that underpins the XE midsize sedan and F-Pace SUV sold by sister brand Jaguar, Autocar said. The SUV would be the first Land Rover to use the all-wheel/rear-wheel-drive platform and would only offer awd, the magazine said.
The aluminum platform's lightweight would potentially make the Velar one of the most fuel efficient Land Rovers. The Evoque and Land Rover Discovery Sport use a version of an old Ford-based steel platform, while the bigger Range Rovers and new Discovery use a heavier D7U platform
The SUV has been talked about since 2013, when financial analysts Bernstein said Land Rover would share the D7A platform with Jaguar to offset development costs, despite the architecture's original intended use for sportier cars.
Global sales of Land Rover and Range Rover models increased 8 percent to a record 434,582 last year, according to JLR data. The brand's best-seller was the Discovery Sport with sales of 122,460. The Range Rover Evoque was the No. 2 seller with a volume of 112,486, followed by the Range Rover Sport at 87,758. Sales of the Jaguar F-Pace were 45,973.
The new Range Rover could sell 80,000 units annually, Bernstein forecast.