Latest Automotive Marketplaces News

CAR Group has confirmed a DRP price of AUD 23.651 for its 43.5-cent ordinary dividend, payable on 12 October. The distribution is 30% franked and will be issued at no discount to participating shareholders.

Nine Entertainment Co. Holdings Limited posted a $511 million statutory net profit for FY26, driven by significant portfolio restructuring and growth in digital and outdoor advertising, while advancing AI licensing partnerships.

CAR Group Limited has reported a strong first half for FY26, posting 13% revenue growth and reaffirming its optimistic outlook for the full year, driven by strategic AI integration and global market expansion.

CAR Group has reported strong first-half results for FY26, with double-digit revenue and earnings growth across all key regions, underpinned by strategic AI investments and expanding market presence.

Gumtree Australia Markets Limited has completed the sale of its Capital Markets business, reporting a 6% revenue decline but a notable rise in EBITDA from its core Classifieds segment. The company is now focused on expanding its transactional offerings and strategic partnerships.

Gumtree Australia Markets and NZME have signed an MOU to explore launching a new digital automotive marketplace in New Zealand, aiming to challenge the current market leader and tap into a $125 million annual revenue opportunity.

CAR Group has reported robust half-year results for FY25, showcasing strong revenue, EBITDA, and profit growth across its global digital automotive marketplaces. The company’s strategic investments and market leadership underpin its optimistic outlook for continued expansion.