Jaguar C-X75 Cancelled
British luxury automaker Jaguar has cancelled plans to build a hybrid supercar, the company said today.
The C-X75 plug-in hybrid supercar was originally set for launch in late 2013, following on from a concept car which used jet turbines as a range-extending powerplant.
According to Autocar, those plans have now been shelved, owing to the current global recession. Global brand director Adrian Hallmark described it as "the wrong time to launch an £800,000 to £1 million [$1.3m-$1.6m] supercar."
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