CAR Group Limited (ASX: CAR)
Australia flag Australia · Delayed Price · Currency is AUD
41.11
-0.35 (-0.84%)
Nov 21, 2024, 4:10 PM AEST

CAR Group Company Description

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico.

The company operates through six segments: Australia – Online Advertising Services; Australia – Data, Research and Services; Investments; North America; Latin America; and Asia segments.

The Australia – Online Advertising Services segment offers classified advertising that allows private and dealer customers to advertise automotive and non-automotive goods and services for sale across the carsales network; products, including subscriptions, lead fees, listing fees, and priority placement services; and display advertising services, such as placing advertisements for corporate customers comprising automotive manufacturers and finance companies.

The Australia – Data, Research and Services segment offers software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services.

The Investments segment holds investment in consumer and wholesale tyre markets, as well as provides mobility and vehicle inspection services.

The North America segment operates digital non-automotive marketplaces. The Latin America segment digital automotive marketplaces.

The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services.

The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023.

CAR Group Limited was incorporated in 1996 and is headquartered in Melbourne, Australia.

CAR Group Limited
CAR Group logo
Country Australia
Founded 1996
Industry Internet Content & Information
Sector Communication Services
Employees 2,000
CEO Cameron McIntyre

Contact Details

Address:
449 Punt Road
Melbourne, VIC 3121
Australia
Phone 61 3 9093 8600
Website cargroup.com

Stock Details

Ticker Symbol CAR
Exchange Australian Securities Exchange
Fiscal Year July - June
Reporting Currency AUD
ISIN Number AU000000CAR3
SIC Code 7370

Key Executives

Name Position
Ines Guitarte Chief Executive Officer of carsles Latin America
Sangbeom Kim Chief Executive Officer of Encar.com
Ajay Bhatia Chief Executive Officer of European Digital Marketplace Business
Walter James Pisciotta O.A.M. Co-Founder and Non Executive Director
William Elliott Chief Financial Officer
Jason Blackman Chief Information Officer
Nicole Birman General Counsel and Company Secretary
Jo Allan Chief People Officer
Paul Barlow Managing Director of carsales
Stephen Wong Chief Strategy Officer