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Birmingham Post
Birmingham Post
Business
Tom Pegden

Motorpoint sales almost double to £1.3bn – with plans to take that to £2bn

Sales within the Motorpoint car supermarket group grew more than 80 per cent last year to £1.32 billion – and the business has medium-term plans to get that to £2 billion.

The “nearly new” car retailer, which has 17 stores across the UK, said the rising price of cars plus a bigger share of the market helped fuel growth.

It sold almost 98,000 cars last year, up from 67,500 a year earlier, with almost half of all sales now done online.

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