Motorpoint Group PLC (MTPTF) Financier

Motorpoint Group Plc operates as an independent vehicle retailer, which engages in the sale of nearly new vehicles. The company is headquartered in Derby, Derbyshire and currently employs 779 full-time employees. The company went IPO on 2016-05-13. The firm is focused on giving retail and trade customers the way of buying, selling and financing their car, whether online, in-store or a combination of both. Its segments include Retail and Wholesale. Its Retail segment includes the Motorpoint brand, which is an omnichannel vehicle retailer offering nearly new cars that are under five years old or have completed less than 50,000 miles. This segment also includes a range of commercial vehicles under the Motorpoint brand. Its Wholesale segment includes Auction4Cars.com, which is an independent trade car auction site offering a business-to-business online auction marketplace platform for the sale of part exchange vehicles which do not fall into the nearly new retail criteria and purchases direct from consumers. The company operates over 20 stores through its business-to-customer (B2C) platform, Motorpoint.co.uk and the United Kingdom network.