Mark Morris, Motorpoint Group’s chairman, told investors at the company’s recent AGM he is “cautiously confident” about the company’s full year performance.
Motorpoint Group founder and executive director David Shelton is to become a non-executive director by 2018.
Motorpoint Group remains confident of continued successful trading in "uncertain economic conditions" as it enjoyed a continued rise in turnover - despite a fall in profits.
Motorpoint has opened the doors of its 12th site to mark a period of expansion which has created four car supermarket sites in just 18 months.
Car supermarket chain Motorpoint Group reports its work to shore up gross profit per unit has progressed, with margins normalised over the past six months.
Motorpoint has imported 100 pre-registered Volkswagen Golfs in a bid to allow its customers beat the incoming VED road tax changes.
Motorpoint has signed a partnership with cancer charity Teens Unite, for a minimum of 12 months, to help raise money for young people with the disease.
Motorpoint has promoted former general sales manager at its Newport car supermarket to the role of head of group operations.
Motorpoint has appointed Gavin Morgans as general manager of its £5 million Birtley car supermarket.
Over 6,000 people visited Motorpoint’s Chingford branch as the facility played host to a community Christmas fayre.
Motorpoint has revealed revenue increased by 11.5% to £408.9m but operating profit before exceptional items down 32% to £7m in its half-year financial report.
Motorpoint’s Chingford branch will welcome the public to the Chingford Village Christmas fair when it hosts the event for the second year in a row next month.
Uncertainty around the result of the EU referendum has led car supermarket group Motorpoint to sacrifice some margin to maintain its good level of stock turn.
Motorpoint has teamed up with folk rock band Lindisfarne to sponsor ‘Mutt Me at the Corner’ – a charity-inspired canine sculpture.
Motorpoint will continue to have its name featured on Cardiff’s 7,500 capacity Motorpoint Arena Cardiff after extending its naming rights deal on the venue for another five years.
Motorpoint has become the new principal sponsor for Motherwell Football Club.
Motorpoint has officially opened its Oldbury facility following a £5 million redevelopment of the former Car Select site.
Motorpoint Group plc has completed the acquisition of the former Car Select car supermarket at Oldbury, near Birmingham.
Motorpoint is expected to raise £100m in a float of shares priced at 200p per share – with conditional trading now underway.
Motorpoint could be poised for a £240 million stock market float as soon as the end of the week.
