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Jaguar's latest beast is the 2018 XJR575

Hot off the rear wheels of the insanely quick XE SV Project 8, Jaguar is back with another pumped-up sedan. It's called the XJR575, and although it isn't as extreme as the aforementioned XE, it still packs a version of the company's 5.0-liter supercharged V8 that makes 575 horsepower and 517 pound-feet of torque. According to Jaguar, that will get the full-size luxury sedan to 60 mph in 4.2 seconds on its way to a top speed of 186 mph. There isn't much on the outside to tell this hot-rodded kitty from the regular XJR. The front bumper, rear spoiler, hood vents, and side skirts are all the same as the lower-powered version. It does come standard with black wheels, but they can also be optioned on a normal XJR. There are only a couple of unique points. One of which is the addition of XJR575 badges. The other is the application of a model-specific paint color. Buyers of the XJR575 will have the option to coat their cats in the Satin Corris Gray seen above, or a hue called Velocity Blue. Inside, seats are upholstered in black leather with red stitching. They feature diamond-stitched panels, as well. In the seat backs, the number 575 is embroidered. The sill plates also feature the XJR575 logo. The infotainment gets an upgrade, too, in the form of a bigger 10-inch touchscreen. Jaguar hasn't announced pricing or availability of the XJR575 yet. However, we will likely know soon, as the company will be revealing some updates for the rest of the XJ line-up for the 2018 model year. We expect to get details on pricing and availability at that time. Related Video:

Jaguar Land Rover won't get a bailout from the UK

Bailout talks between Jaguar Land Rover and Tata Steel with the UK government have ended, leaving both firms to rely on private financing to overcome the impact of coronavirus on business, the Financial Times reported on Friday. The report said that talks for an emergency funding fell through as Jaguar Land Rover (JLR) did not qualify for taxpayer support. It is the luxury car unit of India's Tata Motors and Tata Steel, both owned by Indian conglomerate Tata Group. The bailout plan, titled "Project Birch", had been authorized by Finance Minister Rishi Sunak in May to rescue companies that are seen as strategically important, with the Treasury saying it may step in to support crucial businesses on a "last resort" basis after other options run out. The report, citing a source familiar with the matter, said that the funding scheme became infeasible for Tata as it imposed strict conditions on any lending. "Tata Steel remains in ongoing and constructive talks with the UK Government on areas of potential support," Tata Steel said in an emailed statement. The UK Treasury said it would not comment on individual companies. Tata Motors did not immediately respond to request for comment. Related Video: Earnings/Financials Government/Legal Jaguar Land Rover

Jaguar calls a hot-rodded I-Pace a when, not an if

Jaguar showed the world what a high-performance I-Pace might look like when it unveiled the racing-ready eTrophy (pictured) in 2017. Though it's built exclusively for track use, the hot-rodded EV is teaching the British firm's Special Vehicles Operation (SVO) division valuable lessons about electrified performance, and those tricks will seep into a street-legal production model in the coming years. Michael van der Sande, the head of SVO, told British magazine Autocar that a high-performance I-Pace is more of a when than an if. Jaguar has amassed decades of sports car-building experience, and it's trying to reinvent itself as a purveyor of electric cars, so combining these two images into one seems natural. We're a little bit surprised it hasn't happened yet, though van der Sande warned the project hasn't started because SVO is busy making other, higher-volume cars with fatter profit margins. The eTrophy uses the same basic powertrain as the I-Pace, according to Autocar, but it receives a long list of chassis modifications that help it handle better than stock. The production model would receive more comprehensive changes, including a more powerful electric powertrain, but its body kit would certainly resemble the one worn by the eTrophy cars. Whether the hotter I-Pace would arrive as a limited-edition model, like the XE Project 8, or as a standard addition to the range is up in the air. Jaguar is aware that venturing into the high-performance electric car segment would force it to lock horns with Tesla, which offers jaw-droppingly quick versions of the Model S and the Model X. The California-based firm is currently planning to attempt a lap record on Germany's Nurburgring track with a triple-motored prototype of a car coming to production in 2020, so Jaguar knows precisely who to beat if it wants to secure ultimate bragging rights in the electric car segment.