Ferrari has reported an extremely positive sales performance for the first quarter of 2012.

The company revealed a 31 per cent increase in UK sales during the first three months of the year, while its figures for the US were up by 16 per cent and German sales rose by 24 per cent.

Overall, the firm's revenues were up by 13.2 per cent annually to €556.1 million (£445.6 million) and the total number of cars delivered by the brand grew to 1,733 – up by 11.5 per cent on Q1 2011.

Ferrari chairman Luca di Montezemolo commented: "We have a complete new model range brimming with technological innovations and which deliver significant reductions in fuel consumption and emissions."

Based in Maranello, Italy, the luxury car manufacturer was launched in 1947 and today operates in countries on every continent around the world.

It is one of the best known luxury vehicle brands and offers well-known and highly desirable models including the new Ferrari California 30, the F40, the 458 and many more.

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Posted by Helen Wrigglesworth