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CAR Group Limited

ASX Announcements

Change in substantial holding

Change in substantial holding

  • Dec 27, 2024
  • 55 pages

Notice of Release Date of Half Year Results

Notification of Results/Reporting Date

  • Dec 20, 2024
  • 1 page

Market Sensitive

S&P DJI Announces December 2024 Quarterly Rebalance

Standard and Poor’s Announcement

  • Dec 6, 2024
  • 2 pages

Application for quotation of securities - CAR

Appendix 2A (Application for Quotation of Securities)

  • Dec 5, 2024
  • 6 pages

Application for quotation of securities - CAR

Appendix 2A (Application for Quotation of Securities)

  • Nov 27, 2024
  • 6 pages

View all CAR announcements

September 2024

The Toyota RAV4 Hybrid is Australia’s No.1-selling car of any type. Around 95 per cent of all RAV4 models sold in August were hybrids.

Car buyers going greener turn to hybrids not full EVs

The No.1 selling vehicle in Australia in August was the Toyota RAV4 hybrid.

  • Simon Evans

August 2024

The 2024 earnings season has kicked off.

Chanticleer’s hits and misses from day one of earnings season

Retailer JB Hi-Fi was the standout result on day one of earnings season. Here are the key things our Chanticleer columnists noticed today.

  • James Thomson and Anthony Macdonald
CAR Group boss Cameron McIntyre (right), with David McMinn who runs US-based Trader Interactive.

EV sales splutter, but not this group’s offshore expansion strategy

CAR Group’s big move in the US came at a time of rising rates and softening consumer demand. It still worked.

  • Anthony Macdonald

February 2024

New Trader Interactive boss David McMinn (left) with Melbourne-based CAR Group CEO Cameron McIntyre.

From jousting sticks to selling boats online, eyeballs still rule

Carsales.com.au’s owner made a big bet in the United States. Now it has a new executive whose job it is to make it work.

  • Anthony Macdonald
Cameron McIntyre, Car Group CEO, surprised analysts with his comments on dealer sales versus private sales.

Quicker new car sales help dealers fight back against private sellers

Carsales.com’s result had the sort of unexpected nugget of information that made an otherwise very steady result more interesting for investors.

  • Anthony Macdonald
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November 2023

The Market CEO Tommy Logtenberg and COO Twila Jensen.

Market Herald ditches plans to become major publisher, doubles down on classifieds

In his first interview, the company’s chief executive, Tommy Logtenberg, says the business is ‘in a much better state’ after the ousting of former management.

  • Sam Buckingham-Jones

August 2023

Yarra Capital’s Edward Waller.

Why Yarra exited Qantas despite ‘unprecedented’ profits

Portfolio manager Edward Waller thinks the market is being too conservative on Carsales and tells us why he likes FleetPartners.

  • Joanne Tran
Prices of used cars favoured by first-time buyers are yet to fall after surging during the pandemic.

Carsales climbs on profit bounce, no sign of trading down

Rising interest rates haven’t dampened Carsales’ financial performance, with its shares up 28 per cent so far this year.

  • Tess Bennett

July 2023

Hard-working contrarian investors can find bargains in any market conditions.

These small caps are hugely attractive (if you’re brave)

There will opportunities for bargain hunters as the economy slows in the next 12 months with many beaten-up small caps trading at 52-week lows.

  • Tony Featherstone
Tim Slattery directors of Slattery Auctions has launched an dedicated EV auction site, as the volume of used battery-powered vehicles grows.

These numbers show why it’s so hard to find second-hand EVs

Carsales.com says it will be another couple of years before used battery EVs hit the second-hand market in meaningful numbers.

  • Tess Bennett

June 2023

Cameron McIntyre, CEO of Carsales

Why the Carsales CEO doesn’t drive sports cars

The company started by Greg Roebuck in Melbourne’s Oakleigh in 1997 has grown to an $8.7 billion ASX 100 giant as the pandemic has supercharged car sales.

  • Patrick Durkin

May 2023

David Paradice says stocks the market had turned its back on can deliver great returns.

Two ‘hated’ stocks these top fundies are buying

David Paradice, Geoff Wilson and Matt Haupt are taking a contrarian view of skittish markets with bets on stocks investors love to hate, including AMP and Dexus.

  • James Thomson

April 2023

Carsales chief executive Cameron McIntyre says

Tech companies embrace new ways of working after pandemic fatigue

The end of lockdowns ushered in big changes to workplace such as OMC International and Carsales, both of which are finalists in the 2023 AFR BOSS Best Place to Work in the technology sector.

  • Tess Bennett

March 2023

Carsales chief executive Cameron McIntyre has a long-term focus.

The imaginary nepotism that drives Carsales global growth

The long-term approach of Carsales and its CEO Cameron McIntyre has delivered big gains for investors. He reveals his secret to staying strategic. 

  • James Thomson
Street Talk.

Goldman, UBS run Carsales.com shortfall

Brokers Goldman Sachs and UBS are seeking buyers for nearly 1 million shares left over from the first leg of Carsales.com’s rights issue. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
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There are 80 million cars onn the road in Brazil, and it has a strong secondhand vehicle market.

Carsales.com eyes Brazil’s 80m cars in $353m buyout

CEO Cameron McIntyre says rising rates don’t put the handbrakes on used car buyers, but they may trade down to lower price brackets.

  • Simon Evans
Street Talk

Carsales launches $500m rights issue to up Webmotors stake

Carsales had Goldman Sachs and UBS coraling its register for $500 million via a rights issue to increase its stake in Brazil’s Web Motors.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

February 2023

Carsales.com entered the Brazilian cars and motorbikes market in 2013 via Webmotors.

Carsales mulls another trip down minorities mop-up lane

Carsales.com Ltd’s understood to be mulling the buyout of another of its offshore associates.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

January 2023

Tech stocks are in high demand, but the profitable ones are on the radar for most fundies.

Private equity deals and few IPOs: how 2023 looks for tech

Tech stock investors face a year of stiff competition to buy into quality local companies such as WiseTech and Xero as tight capital markets keep the lid on fresh listings.

  • Jessica Sier

November 2022

Tribeca’s Jun Bei Liu at the Sohn Hearts and Minds conference in Hobart.

Why Sohn’s top stock pickers want investors to play it safe

AMP, Transurban and Champion Iron unseated Coinbase, Delivery Hero and Megaport as the Sohn Hearts & Minds stock pickers kept it deliberately simple.

  • Updated
  • Jonathan Shapiro, Jemima Whyte, Alex Gluyas, Emma Rapaport and James Thomson

Original URL: https://www.afr.com/company/car-ch