CAR Group
CAR Group Limited, formerly Carsales is a digital marketplace company. It operates primarily in Oceania, Asia and The Americas. It is listed on the Australian Securities Exchange.
| Formerly | Carsales |
|---|---|
| Company type | Public company |
Traded as | ASX: CAR |
| Industry | Media, Internet, Online Classifieds and E-Commerce |
| Founded | 1997 |
| Founders | Greg Roebuck Wal Pisciotta |
| Headquarters | Cremorne, Victoria, Australia |
Area served | Australia Brazil Canada Chile China Malaysia New Zealand South Korea Thailand United States |
Key people | Cameron McIntyre (CEO) |
| Revenue | $781 million (2023) |
Net income | $278 million (2023) |
Number of employees | 1,800 |
| Subsidiaries | Carsales SK Encar Trader Interactive WebMotors (70%) |
| Website | www.cargroup.com |
Since its establishment in 1997, CAR Group has expanded its digital presence, focusing on innovative technology and advertising solutions in the automotive sales sector.
CAR Group has wholly owned digital marketplace businesses in Australia (Carsales), South Korea (Encar), the United States (Trader Interactive) and Chile (chileautos) in addition to being a majority shareholder of WebMotors in Brazil.
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