About Us
Founded in 1997, carsales.com Ltd (ASX: CAR) is the number one online automotive classifieds business in Australia with a growing global presence in Asia and the Americas. carsales.com Ltd also operates a number of market leading websites in non-automotive verticals including motorcycles, boats, caravans, trucks and heavy machinery.
We seek to empower our customers, making buying and selling vehicles as easy as possible for everyone – consumers, dealers and manufacturers alike. Headquartered in Melbourne, Australia carsales employs over 1700 people across the world and is a member of the S&P/ASX100.
Financial Highlights
FY22 has been a transformational year for carsales as we celebrate our 25th anniversary. We have delivered outstanding results despite ongoing disruptions and volatility caused by COVID-19. The acquisition of the remaining 51% of Trader Interactive in North America is an incredibly exciting evolution of our international growth strategy and strengthens carsales’ position as a truly global leader in digital vehicle marketplaces.
At a Glance
carsales.com Ltd is the #1 online automotive marketplace business in Australia with a growing global presence in Asia and the Americas. carsales.com Ltd also operates a number of market leading websites in non-automotive verticals including motorcycles, boats, caravans, trucks and heavy machinery.
Our aim is to make buying and selling vehicles a great experience. We achieve this by leveraging our consumer audience and technology platform to bring together dealers, consumers and Original Equipment Manufacturers (OEMs) in one environment.
Chair and CEO Letter
FY22 has been a transformational year for carsales as we celebrate our 25th anniversary. We have delivered outstanding results despite ongoing disruptions and volatility caused by COVID-19. The acquisition of the remaining 51% of Trader Interactive in North America is an incredibly exciting evolution of our international growth strategy and strengthens carsales’ position as a truly global leader in digital vehicle marketplaces.
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Investment in our people
This year, we were proud to introduce an Employee Share Plan (ESP) for all permanent Australian team members. We want our people to be able to share in the success and growth of carsales. Our ESP is a matched plan which allows team members the opportunity to sacrifice pre-tax salary to purchase carsales shares, and this investment is matched by the company.
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Women in Tech
Our Women in Tech group is made up of females across the carsales group in technical, non-technical and general business roles. The group has gone from strength to strength with the introduction of our
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new Women on the Move program. -
Community
We are proud to have continued our partnership with CS in Schools for a third consecutive year. CS in School’s mission is to create sustainable change in Australian digital technical education by providing a complete DigiTech pathway for secondary students and developing teacher confidence in relation to delivering digital technology classes.
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