Jaguar announces major rebrand and ends petrol and diesel car production
Jaguar has announced a significant rebrand as it shifts to an all-electric lineup, halting production of petrol and diesel cars by 2024. The company aims to attract high-income customers and compete with luxury brands like Rolls Royce and Bentley. The rebranding includes a new logo and colors, reflecting Jaguar's commitment to innovation. The company plans to launch three new electric models by 2026, starting with a four-door GT car expected to be revealed in December. This strategy marks a departure from competitors like Aston Martin, which will continue producing combustion models. Jaguar's focus is on creating exclusive, high-margin products rather than high-volume sales.