Despite its imminent acquisition by the Indian company Tata Motors, the British manufacturer continues to work on new concepts.

Jaguar has announced it is currently on working on two new concepts, the F-Type, considered by many to be a successor of the popular E-Type and, the XK sedan. The F-Type is a 2-seats, $50.000 sports-car, ready to go into production although the company’s future is still uncertain.

The XK sedan has been as competition for the Aston Martin Rapide, Mercedes Benz CLS and Porsche’s upcoming Panamera. Although such a high-end vehicle might not do very good in the sales department, it might be just what Jaguar needs to reel in some new customers.