You are here:

SMMT Statistics - Barclays comment

04 May 2012 09:37 GMT

Richard Lowe, Head of Retail & Wholesale at Barclays, comments on today's SMMT statistics:

“The consumer confidence we have seen over the past few months appears to be here to stay, with new car registrations up, and importantly private registrations growing by double digit figures. This is a welcome sign that even in what is usually a slow month the market is showing encouraging signs of growth.

“With the cost of filling up as much as £15 more than it was a year ago, people are thinking twice about the type of cars they’re buying, and increasing numbers are opting for more fuel efficient vehicles. This is one trend that’s set to stay.”


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.