Ratan Tata, chairman of India's Tata Motor Group, which owns Jaguar after taking the British luxury brand and the Land Rover badge off Ford's hands in 2008, also said that the company is considering an entry-level Jaguar model. Details, aside from the announcement, are still pretty much nonexistent at this point.

A Jag wagon could be an interesting beast, and a roadster would be true to the marque's heritage, of course, though unlike anything we've seen from the company of late. As for an entry-level model, well, the compact X-Type saloon was not long for this world, but it would be interesting to see what Jag's chief designer, Ian Callum -- who made his most recent mark with the reimagined XJ -- can do with the idea.