Ever since India's Tata Motors (NYSE: TTM ) bought Jaguar and Land Rover from Ford (NYSE: F ) in 2008, one big question has been asked: Would Tata be willing (and able) to make the big investments needed to make Jaguar a competitive global luxury brand?
One part of that is being answered now, as Jaguar says it has the go-ahead to produce a much-needed new model, a compact luxury sedan to rival BMW's (NASDAQOTH: BAMXF ) 3-Series. In this video, Fool.com contributor John Rosevear explains why the new baby Jag is so important to the company's chances -- and fills you in on when we can expect to see the new car hit dealers.
Jaguar is hoping its new compact sedan will help it gain ground in China, but it's already late to the party. A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names the two global giants already poised to reap big gains in China's booming auto market. You can read this report right now for free -- just click here for instant access.