Jaguar C-X75 won’t be produced image

The British based automaker Jaguar has decided to drop the production version of the C-X75 Concept because of the global economic crisis.

Bad news for those of you who were waiting for the production version of the Jaguar C-X75 because the car manufacturer has no intention to put it into production anymore. According to the carmaker, the Jaguar C-X75 won’t hit the assembly line because the global economic crisis. But that doesn’t mean that collectors won’t get the chance to put their hands on the model because Jaguar is planning to produce five working prototypes of the C-X75 by May 2013 out of which three will be auctioned, while the rest will be used for marketing purposes.

“We feel we could make the car work, but looking at the global austerity measures in place now, it seems the wrong time to launch an £800,000 to £1 million supercar. This is backed up by other products from us that people are screaming out for”, said Adrian Hallmark, the company’s global brand director.

As a quick reminder, the Jaguar C-X75 has been officially presented to the public back in 2010, during the Paris Motor Show. The model had a hybrid powertrain and it was initially confirmed for production last year.

Source: Autocar