LOS ANGELES - Jaguar Cars Ltd. has postponed plans to develop its much-anticipated
F-Type roadster, citing budget pressures and a need to concentrate on other products.
Jaguar has 17 product programs coming in the next four years. They include redesigns of the XJ sedan, XK grand-touring convertible and the S-Type.
Concentrating on those programs was seen as more important to Jaguar's long-term success than the F-Type, spokesman Simon Sproule said.
Said Sproule: "Jaguar is still emotionally wedded to doing the F-Type. We just need to do other things more urgently."