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Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
Demand for automotive parts correlates with the average age of vehicles on the road, and the price of fuel. [1] [7] [8] When newer cars are more expensive or there are supply chain issues, consumers are more likely to keep and repair their existing cars, or purchase older used cars that require more regular repairs. [1]
Since inception, it has greatly expanded, primarily through over 200 acquisitions of used and refurbished auto parts suppliers and manufacturers. Some major acquisitions made by LKQ are Stahlgruber, Rhiag, Euro Car Parts, Fource ADL and others. [7] [8]
In 2022, Auto Trader began a partnership with the Office for National Statistics sharing its used car pricing data to power its official measures of inflation, including the Consumer Prices Index. [28] Also in 2022, Auto Trader acquired Autorama, owner of Vanarama, one of the UK’s largest transactional marketplaces for leasing new vehicles. [29]
JC Whitney is a retailer of aftermarket automotive parts and accessories. as well as an automotive content platform via JCWhitney.com and the JC Whitney print magazine It was acquired by CarParts.com (formerly U.S. Auto Parts Network, Inc.), a publicly traded American online provider of aftermarket auto parts in 2010.
[12] [13] Apax Partners previously purchased a 49.9% stake in U.K.-based Trader Media Group in 2007, [14] and acquired the remaining 50.1% in 2014. [15] In June 2012, Trader Corporation stopped publishing the AutoTrader magazine and several of its other magazines and pushed a move towards online car advertising. [16]
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