Jaguar Land Rover (JLR) has released the prototype images of the next generation Jaguar XE sports sedan. The automaker showed how the compact premium car looks like. It will be unveiled at the 2014 Paris Motor Show in September. It’s the very first Jaguar model designed on the company’s latest aluminum architecture, which was showcased in the Jaguar C-X17 prototype model last year. The company stated that the aluminum structure is strong and lightweight.
The XE will be the first model in Jaguar’s portfolio to use an all-aluminum monocoque chassis, a first in the sport sedan segment. In addition to the chassis, Autocar UK suggests the XE is being engineered with an aluminum suspension.
The cash price of primary aluminum experienced the biggest price decline of the day, dropping 0.1 percent on the LME to close at $1,722 per metric ton on Wednesday, May 21. The aluminum 3-month price saw a 0.1 percent decline on the LME to $1,764 per metric ton. The Indian aluminum cash price steadied at INR 103.55 ($1.77) per kilogram following two-days of dropping prices.
Chinese aluminum prices closed flat for the day. The price of Chinese aluminum scrap remained essentially flat at CNY 12,250 ($1,964) per metric ton. The price of Chinese aluminum billet was unchanged at CNY 13,590 ($2,179) per metric ton. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row, remaining around CNY 14,200 ($2,276) per metric ton. The Chinese aluminum cash price saw little change in its price on Wednesday at CNY 13,010 ($2,086) per metric ton.