- CEO
- William Elliott
- Full Time Employees
- 2,900
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- 449 Punt Road Richmond VIC Australia 3121
- IPO Date
- Sep 15, 2009
- Business
- CAR Group Limited CAR Group Limited (ASX:CAR) operates as a leading global online vehicle marketplace company, providing digital classified advertising platforms for automotive, motorcycle, marine, and recreational vehicles; data, research, and valuation services; and related software solutions including website development, hosting, photography, and vehicle inspections. The company delivers classified advertising services encompassing subscriptions, lead fees, listing fees, priority placements, display advertising, sponsorships, performance-based ads, finance commissions, and bundled products across its brands such as carsales in Australia, Trader Interactive in the United States and Canada, chileautos in Chile, Encar in South Korea, and a majority stake in webmotors in Brazil, with additional operations in Malaysia, Thailand, China, Indonesia, and Mexico through its segments of Online Advertising Services, Data Research and Services, Carsales Investments (including tyre sales and mobility services), North America, Latin America, and Asia. CAR Group Limited maintains its headquarters in Richmond, Victoria, Australia, where it was founded in 1997 as carsales.com Ltd before rebranding to CAR Group Limited in November 2023 to reflect its diversified international portfolio. In recent developments, the company reports strong half-year results to December 2024 with 9% growth in reported revenue to $579 million and EBITDA to $292 million, driven by 10% dealer revenue expansion in Australia via enhanced lead volumes and yield, 30% revenue surge in Latin America from national expansion and finance transaction uplifts, and resilient performance in North America and Asia amid market challenges; it completed the acquisition of a 50.1% controlling stake in Autofact Chile SpA for AUD 37.3 million on April 30, 2024, integrating vehicle history reports, price reports, and online title transfer services to bolster its chileautos platform; full FY25 results ending June 2025 showed 8% revenue growth to $1.18 billion, 9% EBITDA increase to $620 million, and 10% NPAT rise to $275 million, underpinned by integrations of prior Trader Interactive and Webmotors acquisitions, alongside divestment preparations for its Tyreconnect assets; and the company refinanced its syndicated loan facility extending maturities to 2028 while guiding for FY26 proforma revenue growth of 12-14% and EBITDA growth of 10-13% in constant currency across all regions through product innovation and market share gains.