"Given the current financial circumstances of Jaguar we have pretty tight reins on them (costs),” said Lewis Booth, executive vice president of Premier Auto Group and Ford of Europe. “That may restrict us getting to the perfect architecture line-up as quickly as we might have liked but…we need short-term improvements as well as planning for the long term."
The upcoming S-Type would have been the first recipient of the new platform. Instead, its current steel-based frame will be upgraded instead.
[Source: Financial Times via MSNBC]