Such a move would create a Discovery subbrand for Land Rover, with the new vehicle slotting in below the current Discovery large SUV.
The Freelander's successor will be bigger than the current model and will also have a seven-seat variant, so it's likely that it will get a new name, a person familiar with the plan told Automotive News Europe.
Land Rover already has a similar naming strategy for the Range Rover and Range Rover Sport. The Freelander is sold as the LR2 in the United States and the Discovery is badged as the LR4.
Bernstein Research analyst Max Warburton said renaming the Freelander would be simpler for potential customers.
Currently the Freelander and Discovery are grouped together under "leisure" in Land Rover's "three pillars" design strategy. Range Rover-badged cars come under "luxury" while the Defender is "dual purpose."
The Freelander replacement will be built on a version of the current Freelander's steel platform and production will remain at Jaguar Land Rover's plant in Halewood, England.
According to Bernstein, the Freelander is the only model in the Land Rover range that isn't profitable once r&d expenditure and other fixed costs have been factored.
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