CAR Group's Webmotors buys Brazil's Auto Avaliar for US$93.2M
What's the deal? CAR Group's (ASX:CAR) Brazilian subsidiary WebmotorsDealroom has a profile for this one. Try Dealroom → has agreed to acquire a 51% stake in Auto Avaliar for US$138.9M, or about US$93.2M. Auto Avaliar runs a digital business-to-business platform that lets dealers, retailers, and rental companies value and trade used vehicles. The deal was announced in October and awaits Brazilian regulatory approval.
What does Auto Avaliar do? Its platform supplies the pricing and inventory flow dealers rely on when taking in or moving stock. The business has been controlled by carmaker StellantisDealroom has a profile for this one. Try Dealroom → since last year and has partnered with Webmotors since the middle of the last decade.
Why it fits: Webmotors is a consumer-facing marketplace where owners and dealers list cars. Auto Avaliar sits a step behind that front end, extending Webmotors into the wholesale side of used-car trading and creating a fuller view of the vehicle journey.
Why now? CAR Group used its 2026 annual general meeting to flag continued capital commitment in Brazil and artificial intelligence as growth priorities, alongside strong margins and cash conversion. Latin America already generates US$163.6M in annual revenue for the group.
What's the endgame? CAR Group operates online vehicle marketplaces including carsalesDealroom has a profile for this one. Try Dealroom → in Australia, Encar in South Korea, Trader InteractiveDealroom has a profile for this one. Try Dealroom → in the US, and ChileautosDealroom has a profile for this one. Try Dealroom →. Brazil has been central to its international story, and the acquisition aims to deepen dealer relationships and cross-sell higher-margin subscription and data products.
What could go wrong? Completion depends on clearance from Brazil's competition regulator, CADE, and the Central Bank of Brazil. CAR Group has not specified a completion date and says the deal is not expected to materially affect group revenue or earnings.
The signal: Against FY26 revenue growth of 12% in constant currency, the purchase reads as a targeted expansion of an established market rather than a strategic shift. Its payoff hinges on whether the added services tighten CAR Group's grip on Brazil's used-car ecosystem.
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