LONDON - In a wide-ranging interview, Wolfgang Reitzle, chairman of the Premier Automotive Group, also said:
He requested more work on the X400, the 'baby Jaguar' that was almost finished when he joined Premier in March. The X400 will be a small Jaguar expected to compete with the BMW 3 series.
'I added a little bit more tension to the project,' he said with a smile, declining to be more specific about what he requested. 'There will be no delay' of the launch date scheduled for the end of 2001, Reitzle promised.
Jaguar won't develop an off-roader or station wagon. 'We will have the Volvo brand competing in those segments,' he said. 'There will be a new V70 Cross Country based on the S80 platform soon to compete with BMW X5 and the future Porsche off-roader.'
Jaguar could offer a hatchback in the future, 'but this car will not resemble a station wagon at all,' Reitzle said 'It will have a very sports-car-like appearance and will appeal to both male and female customers.'
Jaguar will adapt future direct-injection turbodiesels for the S-Type and the future X400 'baby Jaguar.' A new family of large diesel engines (between 2.5- and 3.2-liter displacement) is being developed jointly by PSA/Peugeot-Citroen SA and Ford.
Ford Motor Co. is considering a plan to put its luxury brands together at dealerships in metropolitan markets around the world. However, Reiztle gave few details. He would not say how many are under consideration, where they would be set up, and when they would start operating. Showrooms would be separate, he said.