Thursday 26 August 2010

the latest ‘Cycling revolution’ news

Consumers are getting more confident about committing to car-buying, according to a survey today. Would-be purchasers are prepared to spend a total of £51 billion on new or used cars over the next six months

Sainsbury's Finance head of loans Steven Baillie said: We've been conducting our car-buying index for the past seven years and our findings would indicate that the numbers looking to purchase a car are certainly starting to pick up again.

"We have also recorded an increase in the number planning to buy a brand new car, which is good news for the car industry as a whole as it would suggest that the end of the car scrappage scheme has not led to the feared drop-off in the number of customers wanting to buy a new car."