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Cox, CarsGuide merge
US giant Cox Automotive takes on Carsales as News Corp bows out
9 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.
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