The UK economy received a welcome boost last week with news that car sales are at their highest for two years.
Figures released by the Society of Motor Manufacturers and Traders (SMMT) show 372,835 cars were registered last month.
March is typically the busiest month of the year with the plate change and sales were up 1.8 per cent on 2011.
New car registrations are now at their highest since March 2010, where sales were boosted by the hugely popular scrappage scheme.
However, the latest figures from the SMMT show new car sales are still 17% lower than 2007′s pre-recession total.
The Ford Fiesta was the most popular new car in March, with 22,667 sold rolling off forecourts around the country.
Jaguar confirms birth of F-TYPE sports car
Jaguar has confirmed it will bring an all-new sports car into production – the F-TYPE – for sale next year.
Speaking at the New York auto show Adrian Hallmark from Jaguar said the reaction to the C-X16 concept car last September had encouraged the firm to accelerate production.
The F-TYPE will launch as a convertible, with a range of petrol engines available.
The announcement came as the development schedule moved to final on-road testing, with engineering prototypes now leaving Jaguar’s Castle Bromwich plant – the same plant at which the production cars will be built.
Ian Hoban, Jaguar’s vehicle line director, said: “The engineering development of the F-TYPE has focused on delivering a heightened level of dynamic driving reward. We are excited about our progress to date and are looking forward to soon being able to demonstrate what we have achieved.”
Full F-TYPE technical and range details will be announced later in 2012. It will go on sale in mid-2013.