Land Rover might introduce a new model for its Range Rover lineup on parent Jaguar Land Rover’s new aluminum platform, but has not said yet if it will also build the C-X17 crossover concept.
According to a source familiar with the company’s plans, the new Range Rover would slot between the Evoque and the Range Rover Sport and have the new modular aluminum platform announced in September during the IAA Frankfurt Motor Show.
Jaguar Land Rover is investing 1.5 billion pounds (1.79 billion euros) to develop the new platform and said it would also underpin a new Jaguar sedan due in 2015 that will rival the BMW 3-series. Although it also showed the Jaguar C-X17 crossover concept that is based on the platform, they refused to give details on the fate of the concept.
The lightweight platform and JLR’s new four-cylinder Hotfire engines will be a plus, according to analyst Max Warburton at Bernstein Research.
“The new Range Rover will be lighter and more efficient than any Land Rover-branded product that has gone before,” he said. “This will have higher pricing, higher volumes and higher contribution margins than any of the Jaguar variants,” Warburton wrote in a recent report. “We believe JLR product planners expect the L560 [new Range Rover model] to sell up to 80,000 units, making it the most profitable variant by far.”
Warburton also forecasts the new Range Rover would be made next the production version of the Jaguar crossover concept on the same platform.
Via Automotive News Europe