The car was first launched in 2001 and sold a total of 350,000 units, far short of the 100,000 a year which then owner Ford had hoped for the model.
Jaguar Land Rover was bought by India's Tata Motor last year for €1.7bn but combined losses of £251m by the two brands in the 10 months up to the end of March tipped its new owners into loss for the first time in eight years.
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