Carsales.com (CAR.AX)

Overall impact
C (53)

Commentary

Carsales.com is an average overall performer. With a 'C' rating of 52.9 for overall impact (47th percentile compared to all companies), Carsales.com ranks 39th out of 56 industry peers, behind Synacor, Tuanche, Sohu.com and 35 others, and ahead of Opera Limited, Hemnet, Thryv Holdings and 14 others. On top material causes for Carsales.com's industry (Software & Services), Carsales.com performs poorly in Technology Innovation (16.5 score), Quality Lifelong Education (39.5) and Free, Secure Flow of Information (19.1). Carsales.com did not receive an 'A' rating on any cause.
Impact
Cause CAR.AX
Peer rank
Overall impact

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Impact trend

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Company
Employees
2,000
Sector
Information Technology
Industry
IT Services
Sub-industry
Internet Services & Infrastructure
SASB industry
Internet Media & Services
Headquarters
Vic, Australia
Share classes
CSXXY
ADR
CAR.AX
Description
CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia " Online Advertising Services; Australia " Data, Research and Services; Investments; North America; Latin America; and Asia segments. The Australia " 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 for corporate customers comprising automotive manufacturers and finance companies. The Australia " 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 Investments segment holds investment in consumer markets, as well as provides mobility and vehicle inspection services. The North America segment operates digital non-automotive marketplaces. The Latin America segment digital automotive marketplaces. The Asia segment is involved in digital automotive classified business, as well as provides automotive data and advertising services. The company was formerly known as carsales.com Ltd and changed its name to CAR Group Limited in November 2023. CAR Group Limited was incorporated in 1996 and is headquartered in Melbourne, Australia.
Material causes
Ethos considers the following causes material for Carsales.com, based on its industry sub-industry Internet Services & Infrastructure. Learn more about material causes in our methodology overview.

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