The digital auto trading platform based some of its success on the recent addition of more professional auto sellers onto the platform.
Auto Trader said it welcomed more retailers to its site at a difficult time for the industry.
The company said revenues for the six months to September 30 jumped 6% to £186.7 million, with pre-tax profits up 12% to £127.7 million – sending shares up.
Chief Executive Trevor Mather said:
“We continue to be the clear market leader in used cars and have extended this into new cars, with over 30,000 brand new cars on Auto Trader being viewed by 1.6 million people in September alone.
“Despite ongoing market uncertainty, the board is confident of meeting its growth expectations for the year.”
He revealed the number of cars on its website was up 10% on the same period last year, with 481,000 available.
The vast majority remain used vehicles – up 3% to 448,000 – but new car offerings are growing significantly.
Average revenue per retailer per month, a key measure for Auto Trader, was up £125 or 7% to £1,951, with growth from product and price offsetting a small decline in paid retailer stock.
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