Jaguar has revealed the first glimpse of its new XF Sportbrake at Wimbledon’s Center Court. The famous surface of the All England Lawn Tennis Club served as the canvas for a large-scale outline of the dynamic sports estate.
Ian Callum, Jaguar’s director of design, watched as ground staff transformed the venue’s famous white lines under the expert eye of Head Groundsman Neil Stubley.
Ian Callum said: “With XF Sportbrake we have created a silhouette, which sweeps toward the rear, almost into the distance and really gives the car a sense of speed and sportiness. It will bring new levels of practicality to the range without sacrificing the dynamic design and agile handling our customers expect.”
The XF Sportbrake will join the award-winning XF sports saloon in the Jaguar line-up when it goes on sale this summer.
Jaguar displays XF Sportbrake line at Wimbledon
Jaguar displays XF Sportbrake line at Wimbledon
Price cuts drive sales of Saudi-owned electric car
- Lucid delivers more vehicles than expected as it prepares to launch luxury new Gravity SUV
RIYADH: The majority Saudi-owned electric car maker Lucid delivered more vehicles than expected in the past three months as price cuts helped boost demand.
The company delivered 2,394 cars from April to June 30, above analysts’ predictions of 1,940.
Lucid produced 3,838 vehicles in the first six months of 2024 and needs to make more than 5,162 cars by end of the year to meet its annual output forecast of 9,000. It made 8,428 cars in 2023.
“I think at this point everything is shaping for them to achieve that,” said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Lucid will produce and deliver more cars in the second half of the year because of the usual seasonal effects on the industry, he said.
Demand for electric vehicles has grown more slowly than expected pace in the past year, under pressure from high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives.
Lucid and the market leader Tesla have responded by slashing prices and offering incentives such as cheaper financing options. Lucid, which is 60-per-cent owned by the Public Investment Fund, the Kingdom’s sovereign wealth fund, cut the price of its flagship Air model by 10 percent in February.
Its new Gravity SUV model, a rival for Tesla's Model X, goes into production this year and will cost about $80,000.
