This is the car Jaguar has needed for quite some time, but better late than never. Making its official debut here at the 2014 Paris Motor Show is the all-new Jaguar XE. To coincide with its live unveiling, Jaguar has released additional details about this BMW 3 Series fighter. Described as THE driver's car in the global mid-size sedan segment, the XE not only has a dynamic design, but also three performance-oriented engines and a double wishbone suspension for precise handling.

Europe's base engine will be a 2.0-liter turbo diesel with 161 horsepower and 280 lb-ft of torque. However, Europe and the US will both receive the top-end option: the 3.0-liter supercharged V6 with 340 hp and 331 lb-ft. In between these two, Euro buyers can also opt for that same diesel, only with a power boost to 180 hp and 317 lb-ft. The other engine option is a turbocharged 2.0-liter four gas engine rated at 200 hp and 206 lb-ft, or 240 hp and 250 lb-ft. The diesels are offered with a choice of a six-speed manual gearbox and optional eight-speed auto. The gas engines come exclusively with the eight-speed. Jaguar also announced the trim levels: the base SE, Prestige, Portfolio, R-Sport, and S.

Various features include an eight-inch touchscreen, heated front seats, two-tone instrument panel, aluminium trim, Meridian sound system, bi-xenon headlights with LED DRLs, 10-way electric front seats, and 19-inch alloy wheels. The idea here is an XE for numerous budgets, but it's the S we like the most: 0-60 mph in 4.9 seconds and a top speed of 155 mph. Orders are now underway in the UK, but US sales won't begin until sometime in 2016.