Jaguar receives 2,000 orders for new F-type

Jaguar, a subsidiary of Tata Motors Limited (NYSE: TTM), has received 2,000 orders for the new Jaguar F-type.

The vehicle is to be launched in the spring of 2013. The automaker aims to sell 6,000 to 7,000 units of the vehicle in 2013.

Jaguar’s global brand director, Adrian Hallmark, said, ‘We’re a long way from the peak of around 140,000 sales we saw back in 2007 [across the industry], but we are expecting an uplift. This will be driven in part by increasing confidence in the economy, but also stimulating new cars such as the Mercedes SL and Porsche 911, and of course the Jaguar F-type.’