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.
CAR Group, originally named carsales was established in 1997 and founded by Greg Roebuck and Wal Pisciotta in Melbourne, Australia with what was at the time just a small idea of moving print classified advertisements for motor vehicles onto the internet.
[1] In October 2005, carsales acquired ACP Magazines' online classified businesses, including Carpoint.com.au, Boatpoint.com.au, Bikepoint.com.au, Ihub.com.au, and statistic company Equipment Research Group.
[6] In March 2013, carsales purchased a 20% stake in ICar Asia, followed by a 30% shareholding in webmotors of Brazil from Banco Santander the next month.
[12][13] In 2021, carsales acquired a 49% stake in Trader Interactive, a non-auto marketplace group in the United States.