Oxley told PistonHeads at the unveiling that the car will be in production by the end of the year and there will be further new models to come.
'The new Sagaris is 100% better,' he said. 'It has been tweaked for a nicer ride and there are a lot of changes. The new car has moved on a generation.'
These include a new one-piece bonnet, new splitter, a new interior, including a different air conditioning system and different carpets, 19" five-spoke wheels and new seats. The car will have the same 4-litre straight six but the suspension has been tweaked slightly for better handling and ride.
A special event took place today and Oxley was accompanied by a new TVR team in front of a very small number of invited guests.
there is no word on pricing yet as some of the features may by options. The car iwill be available in both RHD and LHD and will be sold in the Middle East and Europe as well as the UK.
TVRCC chairman Jeremy Blandford said: 'It's like they've brought the Sagaris into focus - it now looks sharp. The interior has a new information system that keeps everything in one place. The car is very nicely built, the quality is excellent and they have definately moved it on.The car will now have a wider appeal and it is now time to look to the future.'
What we can say is that the barn that set tongues wagging in April is in fact the new TVR development works. The premises near Wesham were spotted with a huge TVR logo on the side and many people hoped it would be TVR's new HQ. This turned out to be where today's announcement was held and will be were TVR's design and research now takes place.