Jaguar has announced that its forthcoming baby saloon car, set to compete with the BMW 3-Series, will be named the Jaguar XE.

It will also be the first car to use the new advanced aluminium platform that was first showcased by the C-X17 concept car in 2013.

Exact details of the engine range won’t be revealed until later in the year, but Jaguar did announce top speeds of up to 186mph are expected, yet some models will achieve CO2 emissions below 100 g/km.

Dr Ralf Speth, Chief Executive Officer, Jaguar Land Rover, went on to say that the engines will form a new family of light-weight, low-friction, low-emission four-cylinder petrol and diesel units, and that they will be engineered for both in-line and transverse applications, plus rear- and all-wheel drive configurations.

The XE name was chosen so as to create a clear and logical progression, with the new model sitting directly beneath the existing XF saloon.

Further details will be released later in 2014, with a global launch expected in mid-2015.