Jaguar hasn't had a competitor in the compact/mid-size sport-sedan market since the ill-fated, Ford-based X Type, which faded from the Canadian market in the 2008 model year and the rest of the world a year or so later.
It has long been known that the company wis working on a new model to go head-to-head with the likes of the Audi A4, BMW 3 Series and Mercedes-Benz C-Class. Plans for its production were announced at last fall's Frankfurt Motor Show but little detail was released until the recent Geneva Motor Show.
The new car wasn't revealed there, beyond a teaser photo, but its name was confirmed. Jaguar Land Rover CEO, Dr. Ralf Speth announced, "That car will be called the Jaguar XE, and it will be unveiled in production form later this year." The XE will launch globally in 2015 and arrive in North America in 2016.
The XE will be the first product built on the new advanced aluminum architecture which was showcased in the C-X17 concept car in 2013.
It will be powered by a variety of engines, including JLR's new Ingenium line of four-cylinder gasoline and diesel engines, for which an all new production facility has been built in the UK.
They are said to be flexible in architecture to suit in-line and transverse installations and rear-wheel drive and all-wheel drive configurations.
"The all-new Jaguar XE compact sport sedan will bring Jaguar into the largest segment of the luxury car market with a dynamic new entry that will challenge the status quo," said Jeff Curry, brand VP of Jaguar North America.