Motorpoint reports H1 profit growth on higher retail volumes
Motorpoint said retail volumes rose 7.6% year-on-year and its AI- and data-driven platform supported pricing, vehicle sourcing and customer acquisition.
6% year on year, ahead of the wider used-car market, and said the increase benefited from the opening of its Leeds site in July. The company said its AI- and data-driven operating platform continued to help with pricing, vehicle sourcing, customer acquisition and fulfilment.