Summary
carsales.com Ltd operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through Online Advertising Services; Data, Research and Services; Carsales Investments; Americas; and Asia segments. The 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 on carsales network websites for corporate customers comprising automotive manufacturers and finance companies. The 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 Carsales Investments segment holds investment in consumer and wholesale tyre markets, as well as provides mobility and vehicle inspection services. The Americas segment operates digital non-automotive marketplaces. The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services. carsales.com Ltd was incorporated in 1996 and is headquartered in Melbourne, Australia.
History
carsales.com Ltd was founded by Greg Roebuck and Wal Pisciotta in Melbourne, Australia in 1997 with what was at the time just a small idea of moving print classified advertisements for motor vehicles onto the internet.
In 2009, carsales listed on the ASX Stock Exchange.In March 2017, Greg Roebuck stood down from his role as CEO and was replaced by Cameron McIntyre.
Mission
Making buying and selling a great experience.
Vision
Carsales’ vision is to become the most trusted and comprehensive automotive destination in Australia, offering customers the best choice, price and experience.
Key Team
Mr. Ajay Bhatia (Chief Exec. Officer of European Digital Marketplace Bus.)
Mr. Paul Barlow (Managing Director of Australia)
Mr. Jason Blackman (Chief Information Officer)
Kane Hocking (Head of Investor Relations)
Ms. Nicole Birman (Gen. Counsel & Company Sec.)
Ms. Kellie Cordner (Chief Marketing Officer)
Ms. Jo Allan (Chief People Officer)
Recognition and Awards
Over the years, Carsales has won several awards, including the Deloitte Technology Fast 50 and AMMA Most Innovative Company Award.
References