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Signage: 1949 Jaguar XK120 Roadster: Built by Jaguar Cars Limited, Coventry, England; 6 cylinder, 160 hp; bore: 3-14"; stroke: 4-3/16";Displacement: 210.0 Cu. In. Although Jaguar as a make dates from 1945, the company began in 1922 in Lancashire, England, as the Swallow Sidecar Company founded by Sir William Lyons and William Walmsley. Within Five years their success was such that they branched out into automobile body manufacture, creating attractive and luxurious coachwork for popular makes, starting with the Austin Seven. As cars began to take precedence, the "Sidecar" part of the company's title was dropped and the S.S.1 and S.S.2 cars were built from 1931 to 1936; all models built from 1936 until WWII were named S.S. Jaguar. When production resumed in 1945, the company name became Jaguar Cars Ltd. and all cars leaving the Jaguar works subsequently have been named "Jaguar". Late in 1948, the XK120 was announced. The first XK120x were open two-seaters, but fixed-head (coupe) and drophead coupe (convertible) models were soon introduced. Generally priced between $3,000 and $4,000, the XK120 brought luxury to sports car motoring and was the first quantity-produced car to be fitted with a twin overhead comshaft engine. The in-line 6-cylinder engine was designed and built by Jaguar in collaboration with Harry Weslake. In 1949, one of the first production models was officially timed in a series of runs covering a "flying mile" at 132.6 mph. The Jaguar XK120 was a revolutionary sports car, not because it contained any spectacularly original advances in technology or coachwork, but because the XK120 achieved for the first time ever touring car standards of ride and comfort in a sports car which had a performance exceeding that of virtually any other production car. It was also priced so relatively low that it was incomprehensible to most of Jaguar's rivals. Jaguar remains one of Britain's premier luxury car manufacturers..