JAGUAR PLANNING NEW LUXURY COMPACT SUV

Jaguar plans to introduce a new vehicle in the auto industry’s hottest segment: compact sportutility vehicles. The luxury brand released a teaser photo of the E-PACE SUV on Wednesday and said it would make the full reveal July 13. It plans to begin selling the model in early 2018. The base model of the E-PACE will start at $38,600. Jaguar provided few details about the new vehicle but said it would have a gasoline engine and standard 4-wheel drive.