Jaguar's back on the racing track with new F-type

 
p52 Business Main Mandatory Credit: Photo by JABPromotions / Rex Features (1881292d) Lana Del Rey Global Reveal of New F-Type Jaguar Two-Seater at La Musee Rodin, Paris, France - 26 Sep 2012
JAB Promotions / Rex Features
Tom Bawden
27 September 2012

A rapt crowd at the Musée Rodin in central Paris saw Jaguar unveil the long-awaited F-type model last night — the luxury motoring giant’s first sports car since it brought out the E-type more than five decades ago.

The event featured a performance by Lana Del Rey, who dedicated a new song, Burning Desire, to the F-type.

Shaking off Jaguar Land Rover’s disappointing slowdown in sales growth last month, chief designer Ian Callum — who launched the vehicle — was jubilant. “I was seven years old when I first saw an E-type. I thought wow, that car is inspirational… This is not an E-type. It has its own character but it’s very much a Jaguar,” he said.

The car will be made at Jaguar Land Rover’s plant in Castle Bromwich, Birmingham and will be launched as a convertible next spring, with a coupé expected in summer 2014.

The F-type can accelerate from zero to 60 miles per hour in little more than four seconds and launches a direct marketing challenge to Porsche’s 911 and Boxster models and Mercedes SLK.

The basic two-seater model is powered by a supercharged 3.0-litre V6 engine, though a 5.0-litre V8 version will also be available. Priced at around £55,000, the basic F-type is sandwiched between the £37,600 Boxster and the £71,500 911.

However, much of the growth was driven by Land Rover, with the Range Rover Sport proving to be the group’s biggest seller last year.

The company’s next-best seller was the “baby” Range Rover Evoque, which was launched just more than a year ago.

The E-type went out of production in the early Seventies, leaving Jaguar with a gap in its offering. The launch of the F-type gives Jaguar an opportunity to belatedly plug that gap, bringing in a younger and cooler customer and potentially increasing Jaguar’s contribution to the group’s bottom line.

The F-type’s contribution could be particularly valuable in a car market that appears to be declining. Sales at Jaguar Land Rover increased by just 13% in August, compared with jumps of 41% in July, 39% in June and 35% in May.