The Mark V featured an entirely new chassis designed by Jaguar's chief engineer William Heynes. It was the first Jaguar with independent front suspension and ball joints, first with torsion bars, first with hydraulic brakes, first with the chassis passing over the rear axle for greater comfort, as opposed to an under-slung arrangement, and first to be specifically designed to be produced in Left Hand Drive, primarily for the North American market. It was also the last with the push-rod engines originally designed in the 1930s by the Standard Motor Company, though after the war the engines were built by Jaguar.
The Mark V filled a market need, sold well for three years, particularly in the USA and Australia, and with the profits enabled the company to tool up for production of the XK120 with its fabulous twin cam engine.
Production ended in 1951, by which time it had been superseded by the Mark VII with its XK engine.
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