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CAR Group appoints interim company secretary after Birman steps down

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CAR Group appoints interim company secretary after Birman steps down

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CAR Group ( (AU:CAR) ) has shared an update.

CAR Group Limited, a global operator of online vehicle marketplaces and related advertising and technology solutions, runs platforms across multiple vehicle categories and key international markets including Australia, South Korea, the U.S., Chile and Brazil. Its portfolio includes well-known brands such as carsales, Encar, Trader Interactive, chileautos and a majority stake in webmotors.

CAR Group announced that Nicole Birman has stepped down as Company Secretary with immediate effect, and the board acknowledged her significant contribution during her tenure. Associate General Counsel David McIndoe has been appointed interim Company Secretary and will serve as the primary contact with the ASX, ensuring continuity of governance and regulatory communication while a permanent replacement is sought.

The most recent analyst rating on (AU:CAR) stock is a Buy with a A$38.00 price target. To see the full list of analyst forecasts on CAR Group stock, see the AU:CAR Stock Forecast page.

More about CAR Group

CAR Group Limited is a global digital marketplace operator focused on online vehicle trading across automotive, commercial, industrial and leisure categories. The company provides technology and advertising solutions that facilitate buying and selling vehicles, with operations spanning Australia, South Korea, the United States, Chile and Brazil.

Average Trading Volume: 1,404,099

Technical Sentiment Signal: Sell

Current Market Cap: A$9.85B

Learn more about CAR stock on TipRanks’ Stock Analysis page.

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