CAR Group Company Description

CAR Group Limited engages in the online vehicle marketplace business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, and North America.

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

It 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 company also provides software as a service, research and reporting, valuation, appraisals, and website development and hosting services, as well as photography services.

In addition, it offers vehicle inspection services; operates digital automotive and non-automotive marketplaces; and offers 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.