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Jaguar ready to pounce with F-Type

At the Los Angeles International Auto Show, Jaguar announced that it had just agreed on a new model to enter production.

The Jaguar F-Type roadster, judging by the sketches, looks set to turn a few heads. It will be the fifth model in Jaguars product line-up and is likely to reaffirm the company's roots as a pure-bred sportscar maker.

One of the original marques that started the sportscar trend in the 50s, Jaguar, now owned by Ford, had conducted a 12-month study to determine a number of things.

Firstly, could such a car be competitive in world markets? The study proved many a point, but at the end of the day, Jaguar has stated that it wants to make the F-Type's price very competitive.

Dr Wolfgang Reitzle, Jaguar’s chairman, said: “Jaguar is one of the most evocative brands in the world and there is a renewed commitment at Jaguar to create cars that stir people’s emotions.

"The overwhelmingly positive reaction across the globe to last year’s concept has convinced Jaguar to build the F-Type roadster.”

Joining the XK series of sportscar, the new F-Type will be smaller (thus lighter) though not much else is known about the specifications. We expect the company to use a supercharged V6, saving the V8 for the older siblings.

Dr Reitzle continued: "Due to the unprecedented growth and intensity of new product development at Jaguar today, it will take us around three years to deliver the F-TYPE roadster program to market.

"While F-TYPE will embody all the passion and excitement of past Jaguar roadsters such as XK120 and E-Type, it clearly signals a fresh direction for Jaguar sports cars in the future."

We can expect the new Jaguar F-Type in 2003. Start saving now.

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