ONLINE car retailer
At a time when competitors such as
In the year ended 31 March, the company's revenues increased 83 per cent to £1.3bn, while profits grew to £21.5m - a 121.6 per cent increase on 2021.
"We have a very strong customerled proposition," Carpenter told City A.M. "So once we go into a market, we take share quickly."
Looking ahead, the retailer said it will not be exempt from demand slowing down because of inflationary pressures on consumers but it will continue to take market share by investing in its brand.
The chief executive's comment come as rival
Rival Carzam was also brought to its knees last month, entering voluntary receivership after failing to raise funding.
(c) 2022 City A.M., source