GoAutoLogo
MENU

News - General News - Corporate

Cox, CarsGuide merge

Merger: Cox Automotive will merge with Australian automotive classified website CarsGuide.

US giant Cox Automotive takes on Carsales as News Corp bows out

General News logo9 Aug 2016

By JOHN MELLOR

- Cox Automotive, the world’s biggest automotive services company and operator of autotrader.com, the market-leading auto classified website in America, has signed a series of merger agreements that will see it take control of CarsGuide in partnership with many Australian car dealers.

- CarsGuide, launched in 2011, was a joint-venture between News Corp Australia and 38 of the country’s top car dealer groups formed to provide increasing competition against Carsales which had come to dominate the online classifieds business of car retailers.

Click here for full story: Cox, CarsGuide merge

Read more

Share with your friends

General News articles

Motor industry news

GoAutoNews is Australia’s number one automotive industry journal covering the latest news, future and new model releases, market trends, industry personnel movements, and international events.