Report: Jaguar lost $715 million in 2006

Ford would have a tough time trying to find a suitable buyer, but analysts are keen to see the No. 2 US carmaker drop Jaguar from its Premier Auto Group division. Jaguar's sales were down nearly 32% for 2006 in the US, the company's largest market, and its results are dragging down those of the entire PAG lineup.

Jaguar may be on the turnaround thanks to the new XK coupe and the C-XF concept car, which stunned show goers at the recent Detroit Auto Show. However, until the company launches a new entry-level X-type and a redesigned XJ flagship, they’ll still find it hard to return a profit.

Source: https://www.motorauthority.com/news/1028012_report-jaguar-lost-715-million-in-2006

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