| 
             For the first time in its 80 year history Jaguar has sold over
            100,000 cars in a year.
             Jaguar's Managing Director Mike Beasley announced the company's
            fourth successive year of record sales when he unveiled the new
            Jaguar S-Type range at the Los Angeles Motor Show on Thursday. 
            
              "During a very competitive year for premium car sales, and
              in an increasingly uncertain economic environment, I am delighted
              to announce yet another sales record for Jaguar," said Mike
              Beasley. 
              "During 2001 we sold 100,770 cars in our markets around
              the world. The new X-Type has been a major factor in our sales
              success. Over 30,000 X-Types have been sold since its mid year
              launch and the sales rate accelerated as the new car became
              available in our markets around the world during the second half
              of the year." 
             
            In Jaguar's biggest global market, the United States, the company
            sold a record 44,532 cars during 2001. Sales in the United Kingdom
            totalled 22,120 cars, another new sales record for Jaguar and an
            increase of 47 per cent over 2000. Record sales were also achieved
            in continental Europe and other overseas markets. 
            
              
              
                
                  | 
                      
  | 
                 
                
                  | 
                     JAGUAR S-TYPE 4.2
                    SE  | 
                 
                
                  | 
                     [photograph
                    supplied by jaguar]  | 
                 
               
              
             
            In the UK Jaguar has sold just under 10,000 X-Types since its
            launch in May last year. Initially available with 2.5 litre and 3
            litre engine variants, the X-Type has rapidly established a presence
            in those sectors of the compact premium saloon market in which it
            competes. In the UK, for example, the X-Type takes 65 per cent of
            its market segment and in Italy the car has 60 per cent of its
            segment. 
            Mike Beasley added at the Los Angeles Show: 
            
              "We expect to see further growth in our sales during 2002
              as the new 2 litre version of the X-Type and the new and extended
              S-Type range go on sale." 
             
            Jaguar's S-Type range has now been extended to seven models with
            the addition of three new 2.5 litre V6 engined variants, a 4.2 litre
            normally aspirated V8 powered version and the range-topping 4.2
            litre supercharged S-Type R. The S-Type R, which develops 400 bhp,
            is the most powerful saloon ever produced by Jaguar. 
            All versions of the new S-Type range feature a completely
            redesigned interior, class leading occupant safety systems and new
            front and extensively redesigned rear suspensions. A new six-speed
            ZF automatic transmission – an industry first in the S-Type's
            sector – is available across the full S-Type range. A total of
            135,000 S-Types have been sold since the car was launched in 1999
            – making it the fastest selling Jaguar in the company's history.  |