Car sales get on the road

Consumers are piling into the car market, according to data released by Sainsbury’s Bank yesterday. Some 9.8m people intend to buy a car in the coming six months, the data shows, a three per cent jump on the previous six-months. But the report also warned that many car purchases would be on the more frugal end of the market. “A large number of these are looking to downsize or choose more economical options…in order to reduce their fuel bills or road taxes,” said Steven Baillie, head of loans at Sainsbury’s Bank.