Tata Motors owned British marquee Jaguar is planning to launch a small sedan to rival BMW 3 Series. With the increasing demand of the luxury cars in India BMW 3 Series has been the favourite of the first time luxury car buyers because of its price and quality. Also on cars is Sporty 4x4 crossover which is expected in 2014. The two models are planned under project codenamed X760.
Source: Autocarindia