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By Bethany Wales One of the largest used car supermarkets in the UK, Motorpoint, had “the most difficult year” in its history as people buy fewer cars for cheaper, compounded by an industry-wide shortage of pre-owned vehicles. The Derby-headquartered company made a £10.4m pre-tax loss in the financial year ending March 31, 2024, up from £300,000 the previous period. Its revenue also fell to £1bn from £1.4bn, with retail volumes dropping eight per cent in the first half but bouncing back by around nine per cent in the final two months of the period. CEO Mark Carpenter said he believed the stron…

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