Jaguar has just unveiled two of the fastest cars in its history, with the new 2010 XFR saloon and 2010 XKR sports coupe and cabrio making their respective debuts at this week’s Detroit Auto Show, however, according to latest reports the company is working on an even faster, mid-engined supercar. The new flagship will reportedly make its debut in around 12 month’s time and is being designed to take on the likes of the Audi R8 and upcoming Mercedes Benz SLC Gullwing.

This isn’t the new light-weight sports car that has been reported on for several months. The new Jaguar flagship is tipped to be called the XE, a name the company recently filed as a trademark in the UK.

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Report: The Return of the Jaguar Supercar

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