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Carsales.Com Ltd (ASX: CAR) Share Price and News

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Carsales.Com Ltd (CAR) is Australia’s largest online automotive, motorcycle and marine classifieds business. What many Aussies may not know, however, is that Carsales has operations and interests in a range of different automotive classifieds websites in countries across Asia and South America, making it one of the largest digital automotive advertising businesses in the world.

Together with its subsidiaries, Carsales employs over 600 people in Australia to develop leading technology and advertising solutions that drive its business around the world. Carsales’ history dates back to 1997 and the company went on to list on the ASX in 2009. Since then, Carsales shares have grown to become part of the S&P/ASX 200 Index (ASX: XJO) and have historically paid a portion of its profits back to shareholders as dividends.

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