Portfolio Executive is replacing its entire fleet of Mercedes-Benz chauffeur cars with 18 Jaguar XF and two XJ models.

Peter Buchanan, chairman of Portfolio Executive, said: “Portfolio is delighted to be working with Jaguar, changing our fleet of executive cars to all-new Jaguar XF and XJ LWB models.

"With both cars at the cutting edge in terms of safety, comfort and connected technology, we’re really excited about how they will benefit our clients.

"Furthermore, the cars strike a great balance of understated luxury and style which,combined with our highly-professional drivers, will provide Portfolio’s highly-valued clients with a service they’ll enjoy.

"As a rapidly-growing company we look forward to a long and successful relationship with Jaguar Land Rover as we build our fleet of cars."