2014 Jaguar XJR With 550 HP Revealed Ahead of New York Auto Show (PHOTOS)

Mar 20, 2013 02:08 PM EDT | Matt Mercuro

Jaguar will expand its R lineup this year after announcing the world-wide debut of the 2014 Jaguar XJR Sedan this week.

The car will be shown off for the first time at the New York Auto Show next week with a number of modifications fans of the R models won't be expecting. For one, the company is already advertising the vehicle as the highest-performance XJ sedan ever with 550 horsepower.

"Jaguar is growing its product lineup to meet a far wider spectrum of customer demands ranging from sedans with 2.0 liter and 3.0 liter engines and All Wheel Drive to the exciting new F-TYPE sports car. It is clear that performance will continue to lie at the heart and soul of the brand," said Andy Gross, president of Jaguar Land Rover North America in the company release.

The new sedan is just the first of a few new vehicles the company is planning on releasing this year. An All Wheel Drive sedan and a F-Type Convertible will both be on sale sometime this summer according to a company press release.

Most of the official specs that will be included with the vehicle will be unveiled at the auto show next week.

Early predictions indicate that the new model will contain a similar engine to previous vehicles, like the 5.0-liter V-8 engine. The car would be able to go from 0 to 60 in a little under five seconds.

The vehicles top speed is expected to reach around 186-190 mph according to HighGearMedia.com.

Jaguar has also confirmed that interested buyers can expect a new suspension, larger wheels, and an updated braking system.

To that end, the growing R performance lineup offers our customers the truly elevated dynamics and design, but in a Jaguar luxury package," said Gross according to the company press release. "The Jaguar XJR is a British performance machine that delivers emotionally and dynamically on the road and on the track."

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