Motorpoint drives off with Brum dealership

Motorpoint, the Derby-headquartered vehicle retailer, has completed the acquisition of a car supermarket site at Oldbury near Birmingham for an undisclosed sum.

The site is expected to be operational in July 2016.

The Oldbury site, which is approximately five acres and is located just off junction 2 of the M5, will stock 500 low mileage nearly new vehicles from 30 different manufacturers, and will have access to Motorpoint’s further 5,500 car stock.

This acquisition adds to the Group’s existing West Midlands site at Aston Cross and brings its total number of sites to 11.

Mark Carpenter, chief executive of Motorpoint, said: “We are delighted to have completed this acquisition as the Motorpoint brand has proved extremely popular across the West Midlands since we launched our Birmingham site three years ago.

“The new site will give even more people the opportunity to experience our compelling customer proposition, combining choice, value and service.”