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CITY VIEWS: CAN WE ATTRIBUTE THE RISE IN CAR SALES TO AN IMPROVEMENT IN CONSUMER CONFIDENCE ABOUT THE ECONOMY?

<strong>JAMES NOYCE </strong>ACCENTURE<br />&ldquo;The figures surprise me &ndash; I wouldn&rsquo;t have thought people were up for buying new cars at the moment. I think the rise is more down to the scrappage scheme than an increase in confidence because people are concerned the UK is lagging behind Europe in terms of recovery.&rdquo;<br /><br /><strong>ABROR ABDULAZIZOV </strong>PRUDENTIAL<br />&ldquo;No, I don&rsquo;t think so. Without the cash for clankers programme there would probably not have been any increase. The scrap scheme is working but it is bringing forward consumption, meaning there is a risk of a further dip in sales at the end of this year and the beginning of 2010.&rdquo;<br /><br /><strong>BRUCE HOPKINS </strong>CANADA LIFE<br />&ldquo;I do think there has been an increase in confidence recently as people start believing that the recession is coming to an end. I think the new car sales rise is partly down to that but mostly <br />due to the scrappage scheme, which has been just the ticket to get people buying again.&rdquo;