By Chris Dorrell Used car seller Motorpoint said it expects to perform at the “favourable end” of management expectations after the strong momentum seen at the turn of the year continued. In a trading update covering the three months to March, the firm said it had seen a “strong and profitable” performance in the fourth quarter. “The positive momentum experienced at the start of the calendar year continued,” the firm added. Retail volumes were up around nine per cent year-on-year and it had seen “continued margin recovery”. Margins improved as the firm sold through stock affected by the abrupt…
