SMMT Statistics - Barclays comment

06 Sep 2012 09:07 GMT

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

“August is traditionally a quiet month ahead of September’s plate change, and after months of steadily rising figures, it was only a matter of time before consumer appetite for new cars eased. This brings to an end a positive summer of sales, despite the odds.

“Anecdotal evidence suggests that September’s figures will show a strong bounce as the draw of the new plate change and attractive finance packages encourage more buyers into dealerships.”


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. Barclays’ purpose is to help people achieve their ambitions – in the right way.

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.