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This Jaguar D-Type is what you should spend your multimillion-dollar holiday bonus on

The end of the year is fast approaching, your holiday shopping is done, and the mutual fund you help manage is paying out some serious bonuses. What do you do with all that sweet cash? Well, if it's over seven figures, we suggest hanging on to it until January when it could help you buy this amazing 1954 Jaguar D-Type race car. The D-Type, for those of you unfamiliar, is Jaguar's famous race car that gave birth to the road-going XKSS, one of which was owned by Steve McQueen. The D-Type was known for its successes on the track, and frequent appearances at Le Mans, with a victory at the endurance race in 1956. This particular car also raced there in 1954 with the Jaguar factory team, and behind the wheel was Sir Stirling Moss. According to RM Sotheby's, it led the race for a major chunk, but eventually retired due to brake issues. The car was campaigned at other events through the year, and it also saw time at the hands of a privateer team that bought the car in 1955. Many decades later, the car is being offered for public sale for the first time in its life at the RM Sotheby's auction in Arizona, Jan. 18-19. According to the auction company, the car features the original body, chassis, drivetrain and suspension. Between the history and the originality, the company is expecting the car to bring between $12 million and $15 million, hence the reason this is probably just for those with seriously massive holiday bonuses. But if you have the means, you could do way worse than spending it on this Jaguar. Related Video: Featured Gallery 1954 Jaguar D-Type View 33 Photos Image Credit: Patrick Ernzen Courtesy of RM Sotheby's Jaguar Auctions Convertible Racing Vehicles Classics jaguar d-type jaguar xkss

Jaguar's ambitious turnaround plan will put a big focus on the American market

Land Rover is on a roll, but it's been awhile since we've heard from sister company Jaguar. The company is concocting yet another turn-around plan, and recently-appointed CEO Adrian Mardell provided several details about what's in it and it means for the American market. Speaking to industry trade journal Automotive News Europe, the chief executive conceded that mistakes have been made. "[Jaguar] was incredibly successful in North America 25 years ago, before we took the compromises and the decisions we made," he explained. He stopped short of providing specific details but pointed out that Jaguar's best days have been "lost within Ford Motor Company data." If you need a crash course in Jaguar history, Ford bought the brand from British-Leyland in 1990 and sold it to India-based Tata in 2008. Mardell, who joined Jaguar Land Rover in 1990 and watched the group embark on a roller-coaster ride, sees big potential for growth on Ford's home turf. "There are 20 million millionaires in the United States alone. So, a lower volume [and a] higher price positioning is absolutely the right position for Jaguar today," he opined. In contrast, Jaguar has largely aimed for mainstream segments in recent years. The publication added that Jaguar's master plan calls for moving upmarket to fight in the same arena as Bentley and Porsche. As of writing, most buyers and journalists consider Jaguar an alternative to brands like Audi, BMW, and Mercedes-Benz, and its current portfolio reflects this positioning: The XF competes in the same segment as the 5 Series, for example, while the F-Pace goes head-to-head against the X5. Moving upmarket is easier said than done, and there's no word yet on precisely how Jaguar will pull it off. We know that it's starting from scratch; it canceled the new XJ months before the big sedan's unveiling. Automotive News Europe learned that one of the models being designed to jump-start the brand is an electric four-door GT that will cost about GBP100,000 (around $128,000) when it goes on sale in 2024. Looking further ahead, the brand will continue to expand by launching two additional electric models. Their design will "split opinion." "What we will not worry about is being loved by everybody, because that is the kiss of death. That is what put Jaguar in the situation it is in today, which is with no equity whatsoever," outspoken JLR chief creative officer Gerry McGovern recently told a group of investors.

Electric Jaguar I-Pace wins Car of the Year in Europe

GENEVA — The electric Jaguar I-Pace has won the Car of the Year award in Europe, the first time the storied brand has been bestowed the prize. The four-wheel drive vehicle edged out the Alpine A110, which is not a mass production car, after they tied for top honors in the first round of voting by dozens of automotive journalists. It is the first such award for Jaguar, a British brand now owned by India's Tata Motors, which touted the new platform used for the I-Pace. Monday's presentation of the award, which was established in 1964, marks the unofficial start of the 89th edition of the Geneva auto show. The five other finalists were the Citroen C5 Aircross, Ford Focus, Kia Ceed, Mercedes-Benz A-class and Peugeot 508 . The finalists were winnowed down from an initial list of 60 models, and road tests began in October. Final tests were two weeks ago at a test center outside Paris. A potential sales generator, the award is organized by seven European magazines and awarded by 60 journalists from nearly two dozen countries. Last year's winner was the Volvo XC40 compact SUV.Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.