Ford's Premium Automotive Group (Aston Martin, Jaguar, Land Rover,
and Volvo) downplayed Jaguar's financial woes at the Detroit Auto Show
this year, and announced that for the first time since Ford acquired
all four premium brands, three out of the four brands are in the
black.
Land Rover sales were up 30 percent in 2005,
due to the arrival of Range Rover Sport and LR3. Volvo has an
aggressive new-product strategy, with plans to introduce five new
models in 18 months. Jaguar is hoping a similar product renaissance
will bring the brand back to profitability. The groups showed their
latest efforts, the Jaguar XK convertible and the Volvo C30 concept at
the Detroit Auto Show.
| Jaguar XK Convertible | |||
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An XK hardtop convertible was also shown at the Detroit Auto Show, with a base price of $81,500. Coupe prices, also announced, start at $75,500. Jaguar claims that the convertible body style frame is 50 percent more rigid than the previous generation's. Jaguar has already taken 4,000 advance orders for the convertible. |
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