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Jaguar to unveil F-Type at Paris Motor Show in September
Tata Motors-owned Jaguar Land Rover on Friday said its new two-seater sports car F-Type will make its global debut in production form at the Paris Motor Show next month, marking its re-entry into the segment.
The company will launch the super car by the middle of 2013 in a range of variants with different petrol engines.
"The F-Type, Jaguar's all-new aluminium two-seater sports car, will make its global debut in production form at the Paris Motor Show on September 27," JLR said in a statement.
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Jaguar to unveil F-Type at Paris Motor Show in September
The car will be launched as a convertible with a choice of three petrol engines. While options will be offered in Jaguar's new 3.0 litre V6 engine, a new derivative of the existing 5.0-litre V8 engine will also be there in the F-Type.
Commenting on the global debut, Jaguar Cars Global Brand Director Adrian Hallmark said: "The unveiling of the F-Type in Paris will be a truly significant day in Jaguar's history as it will mark the company's return to the sports car market, a market it originally helped to create."
In April this year, Jaguar had said it would re-enter the sports segment with the F-Type super car by the middle of next year.
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Jaguar to unveil F-Type at Paris Motor Show in September
It had showed the C-X16 concept in September 2011 and that car will now be called the F-Type.
The company will produce the new vehicle at its Castle Bromwich plant in the UK. The F-Type will join the existing range of cars -– the XF saloon and Sportbrake, XJ saloon and XK convertible.
JLR had earlier announced to roll out 40 new products in the next 4-5 years.
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Jaguar to unveil F-Type at Paris Motor Show in September
Last month, JLR had raised 500 million pound (over Rs 4,000 crore) through issue of bonds.
Earlier, the company had said in an investor update at Tata Motors website said that it is expected to increase its planned 1.5 billion pound investment in this fiscal on new products and ramping up capacities.
In April 2011, JLR had said it will invest 1.5 billion pound every year for the next five years, mainly on product development as it looks to catch up with global luxury car makers and position itself as a top premium brand.
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Jaguar to unveil F-Type at Paris Motor Show in September
Besides, JLR will invest 3.5 billion yuan (over Rs 2,800 crore) in its recently-announced joint venture with Chery Automobile in China to commence local assembly there.
The company is currently investing 355 million pound in an engine plant in the UK. It also planning to set up an engine manufacturing facility in India.