The name is based on Jaguar as both names are taken from species of the feline family. The company features design cues based on Maserati and Jaguar, as well as subtle touches from McLaren-Mercedes. Their only vehicle is the F620. Although the F620 bears no badges, its maker (Ocelot) can be seen on a billboard in Star Junction in TBoGT.
The name of the company could be a reference to the British television show The New Statesman. One of the episodes shows a car company called "Ocelot Motors".
The Ocelot is a species of wild cat like the Jaguar, but far smaller and less related.