Car Group Ltd (ASX: CAR) was founded in 1997, it’s the largest automotive, motorcycle and marine classifieds business in Australia. It is headquartered in Melbourne and employs more than 1,200 people around the world. The company has operations in the Asia Pacific region and has stakes in businesses in Brazil, South Korea, Malaysia, Indonesia and Thailand.
The Carsales.com Ltd (ASX: CAR) share price jumped 3% in early trading on Wednesday after releasing its FY20 financial report to investors. The ASX 200 (ASX: XJO) was up 0.8%.
Carsales (ASX:CAR) has revealed an update this morning and also gave a profit estimate for FY20.
Australia’s share market, or the All Ordinaries (ASX: XAO), is down 0.9% at lunch. Webjet Limited (ASX: WEB) Carsales.Com Ltd (ASX: CAR) and Qantas (ASX: QAN) were moving the Australian share market.
The Carsales.com Ltd. (ASX:CAR) share price was trading 4.38% higher today following yesterdays news release surrounding COVID-19.
the All Ordinaries (ASX: XAO) was trading 0.49% higher, with shares of Blackmores Limited (ASX:BKL), Idp Education Ltd (ASX:IEL) and Carsales.Com Ltd (ASX:CAR) moving the Australian share market.
The Carsales.Com Ltd (ASX:CAR) share price went up over 5% in response to the company’s FY20 outlook give at the annual general meeting (AGM).
What’s the difference between Afterpay (ASX:APT) and Xero (ASX:XRO) and Seek Limited (ASX:SEK) and Carsales.com Ltd (ASX:CAR)?
Automotive Holding Group Ltd (ASX:AHG) is one of Australia’s largest vehicle automotive groups – operating over 115 dealerships across Australia stocking global brands such as Toyota, Ford, and Bentley.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.84% at lunch.
