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Alex Sweet's avatar

Nice article. However, I'm not convinced there's a problem with the car supermarket business model itself -- maybe just with Motorpoint.

Cargiant in west London continues to absolutely print money -- a PBT of £42m on turnover of £398m in the most recent year available to December 2022. This was a 46% yoy profit increase, while Motorpoint slumped to a LBT for their similar period to March 2023.

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