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- Published: 13 Jan 2007
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Company name | Jaguar Cars Limited |
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Company logo | |
Company type | Private limited company |
Foundation | 11 September 1922 (as Swallow Sidecar Company), changed to Jaguar Cars Limited on 9 April 1945 |
Founder | Sir William Lyons and William Walmsley |
Owners | British Motor Holdings, 1966–1968, British Leyland Corporation, 1968-197x, Subsidiary, 19xx-198x, Subsidiary, 19xx-198x, Ford Motor Company, 19xx-198x |
Location city | Whitley, Coventry |
Location country | United Kingdom |
Key people | Ratan Tata (Chairman) Dr Ralf Speth (CEO) Adrian Hallmark (Global Brand Director) |
Industry | Automotive |
Products | Automobiles |
Num employees | 10,000 |
Owner | Tata Motors |
Parent | Jaguar Land Rover |
Homepage |
Jaguar Cars Ltd., known simply as Jaguar (), is a British luxury car manufacturer, headquartered in Whitley, Coventry, England. A wholly owned subsidiary of the Indian company Tata Motors Ltd., it is operated as part of the Jaguar Land Rover business.
Jaguar was founded as the Swallow Sidecar Company by Sir William Lyons in 1922, originally making motorcycle sidecars before evolving into passenger cars. The name was changed to Jaguar after WWII to avoid the unfavourable connotations of the SS initials. Following a merger with the British Motor Corporation in 1968, subsequently subsumed by Leyland, which itself was later nationalised as British Leyland, Jaguar was listed on the London Stock Exchange in 1984, and became a constituent of the FTSE 100 Index until it was acquired by Ford in 1989. Jaguar has, in recent years, manufactured cars for the Prime Minister, the most recent delivery being of a XJ model on 11 May 2010. The company also holds Royal Warrants from HM Queen Elizabeth II and HRH Prince Charles.
Jaguar cars today are designed in Jaguar Land Rover's engineering centres at the Whitley plant in Coventry and at their Gaydon site in Warwickshire, and are manufactured in Jaguar's Castle Bromwich assembly plant near Birmingham.
Cash was short after the Second World War and Jaguar sold to Rubery Owen the plant and premises of Motor Panels, a pressed steel body manufacturing company which had been acquired in the late 1930s when growth prospects had seemed more secure. Nevertheless, Jaguar achieved relative commercial success with their early post war models; times were also tough for other Coventry-based auto-makers and the company was able to buy from John Black's Standard Motor Company the plant where Standard had built the six-cylinder engines it had been supplying to Jaguar. Daimler - not to be confused with Daimler-Benz or Daimler AG - was purchased from the holding company BSA in 1960. From the late 1960s, its marque was used as a brand name for Jaguar's most luxurious saloons.
In the 1970s the Jaguar and Daimler marques formed part of BL's specialist car division or Jaguar Rover Triumph Ltd until a restructure in the early 1980s saw most of the BL volume car manufacturing side becoming the Austin Rover Group, which didn't include Jaguar. In 1984, Jaguar was floated off as a separate company on the stock market – one of the Thatcher government's many privatisations.
Under Ford's ownership Jaguar expanded its range of products with the launch of the S-Type in 1999 and X-type in 2001. Since Land Rover's May 2000 purchase by Ford, it has been closely associated with Jaguar. In many countries they share a common sales and distribution network (including shared dealerships), and some models now share components, although the only shared production facility is Halewood, for the X-Type and the Freelander 2. However operationally the two companies were effectively integrated under a common management structure within Ford's PAG.
On 11 June 2007, Ford announced that it planned to sell Jaguar, along with Land Rover and retained the services of Goldman Sachs, Morgan Stanley and HSBC to advise it on the deal. The sale was initially expected to be announced by September 2007, but was delayed until March 2008. Private equity firms such as Alchemy Partners of the UK, TPG Capital, Ripplewood Holdings (which hired former Ford Europe executive Sir Nick Scheele to head its bid), Cerberus Capital Management and One Equity Partners (owned by JP Morgan Chase and managed by former Ford executive Jacques Nasser) of the US, Tata Motors of India and a consortium comprising Mahindra and Mahindra (an auto manufacturer from India) and Apollo Management all initially expressed interest in purchasing the marques from the Ford Motor Company.
Before the sale was announced, Anthony Bamford, chairman of British excavator manufacturer JCB had expressed interest in purchasing the company in August 2006, but backed out upon learning that the sale would also involve Land Rover, which he did not wish to buy. On Christmas Eve of 2007, Mahindra and Mahindra backed out of the race for both brands, citing complexities in the deal.
On 26 March 2008, Ford announced that it had agreed to sell its Jaguar and Land Rover operations to Tata Motors of India, and that the sale was expected to be completed by the end of the second quarter of 2008. Included in the deal were the rights to three other British brands, Jaguar's own Daimler, as well as two dormant brands Lanchester and Rover. On 2 June 2008, the sale to Tata was completed at a cost of £1.7 billion.
Jaguar responded to the criticism with the introduction of the fourth generation XJ, launched in 2009. Its exterior styling is a departure from previous XJs, with a more youthful, contemporary stance, following the design shift that came into effect previously with the company's XF and XK models.
In the UK, XJ prices range from £55,500 for the XJ 3.0 V6 Diesel Luxury up to £94,000 for the XJ 5.0 V8 Supercharged Supersport LWB. The 5-litre V8 engine in the XJ Supersport can accelerate the car from in 4.7 seconds, and has a UK CO2 emission rating of 289 g/km. To cater to the limousine market, all XJ models are offered with a longer wheelbase (LWB) as an option, which increases the rear legroom.
The first XKR was introduced in 1997 and kept with the same power increases as the XJR except for after 2006 the power in the XKR was boosted to . The S-Type R had a short production run from 2003 to 2008, and came equipped with the same supercharged V8 as the other R models. It was replaced by the XFR, featuring a 5.0 L supercharged V8 producing .
The Jaguar X-Type was a compact executive car launched in 2001, while the company was under Ford ownership. Sharing its platform with a 2000 Ford Mondeo, the X-Type lasted just one generation. The model ceased production in 2009.
The Jaguar company started production with the pre-war 1.5, 2.5 and 3.5 litre models which used engines designed by the Standard Motor Company. The 1.5 litre four-cylinder engine was still supplied by Standard but the two larger six-cylinder ones were made in house. These cars have become known unofficially as Mark IVs.
The first post war model was the 1948 Mark V available with either 2.5 or 3.5 litre engines and had a more streamlined appearance than pre-war models, but more important was the change to independent front suspension and hydraulic brakes.
was a breakthrough both for Jaguar and post-WWII sports cars]]The big breakthrough was the launch in 1948 of the XK120 sports car, powered with the new XK twin overhead camshaft (DOHC) 3.5 litre hemi-head six-cylinder engine designed by William Heynes, Walter Hassan and Claude Baily. This engine had been designed at night during the war when they would be on fire watch in the factory. After several attempts a final design was achieved. That is until owner William Lyons said "make it quieter". The car had originally been intended as a short production model of about 200 vehicles as a test bed for the new engine until its intended home, the new Mark VII saloon, was ready. The XK120's exceptional reception was followed in 1954 by the introduction of the derivative XK140, and a much revised XK150.
Jaguar launched E-Type in 1961. Along with sports cars, Jaguar maintained a strong place in the upscale saloon car market. Introducing the large Mark VII in 1951, a car especially conceived for the American market, Jaguar was overwhelmed with orders. The Mark VII and its successors gathered rave reviews from magazines such as Road & Track and The Motor. In 1956 a Mark VII won the prestigious Monte Carlo Rally.
became one of the most recognisable Jaguar models ever produced]] In 1955, the "2.4-Litre" saloon (subsequently known as the 2.4 Mark 1) was the first monocoque (unitary) car from Jaguar. Its 2.4-litre short-stroke version of the XK engine provided performance. In 1957, the 3.4-litre version with disk brakes, wire wheels and other options was introduced, with a top speed of . In 1959, an extensively revised version of the car with wider windows and 2.4, 3.4, and 3.8-litre engine options became the Mark 2. The 3.8 Mark 2 was popular with British police forces for its small size and performance.
The Mark VIII of 1956 and Mark IX of 1958 were essentially updates of the Mark VII, but the Mark X of 1961 was a completely new design of large saloon with all round independent suspension and unitary construction.
The independent rear suspension from the Mark X was incorporated in the 1963 S-Type which closely resembled the Mark 2, and in 1967 the Mark 2 name was dropped when the small saloon became the 240/340 range. The 420 of 1966, also sold as the Daimler Sovereign, put a new front onto the S-type, although both cars continued in parallel until the S-Type was dropped in 1968. The Mark X became the 420G in 1966.
, regarded by many as the definitive Jaguar saloon]] Of the more recent saloons, the most significant is the XJ (1968–1992), still the definitive Jaguar saloon car for many. From 1968 on, the Series I XJ saw minor changes, first in 1973 (to Series II), 1979 (Series III), a complete redesign for 1986/1987 in XJ40, further modifications in 1995 (X300), in 1997 with V8-power (X308), and a major advance in 2003 with an industry-first aluminium monocoque-chassis (X350). The most luxurious XJ models carried either the Vanden Plas (US) or Daimler (rest of world) nameplates. In 1972 the 12-cylinder engine was introduced in the XJ, while simultaneously being offered in the E Type.
was the fastest production car in the world]] 1992 saw the introduction of the mid-engined, twin-turbo XJ220. Designed to compete head-on with the Ferrari F40 and Porsche 959 supercars, the XJ 220 was powered by a V6 that propelled it to 350 km/h {217 mph}.
In the 1999, Ford decided that Jaguar would be the corporation's Formula One entry. Ford bought out the Stewart Grand Prix team and rebranded it as Jaguar Racing for the 2000 season. The Jaguar F1 program was not a success however, achieving only two podium finishes in five seasons of competition between and . At the end of 2004, with costs mounting and Ford's profits dwindling, the F1 team was seen as an unneeded expense and was sold to Red Bull energy drinks owner Dietrich Mateschitz, and it became Red Bull Racing. Since 2004 Jaguar has not had an official presence in motorsport.
Notable Jaguar sports racers:
Category:Car manufacturers of the United Kingdom Category:Coventry motor companies Category:British brands Category:Jaguar Category:Luxury motor vehicle manufacturers Category:Sports car manufacturers Category:Motor vehicle manufacturers of the United Kingdom Category:Companies established in 1922 Category:Companies based in the West Midlands (county) Category:British Royal Warrant holders Category:Luxury brands Category:1922 establishments in the United Kingdom
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