Autonex Launches as Unified Automotive Marketplace Group
Autonex, an international automotive marketplace group operating across Europe and Canada, has officially launched by consolidating brands like AutoScout24 and AutoTrader.ca. The group reports annual revenues exceeding €800 million.
Autonex has launched as a unified international automotive marketplace group, bringing together established brands including AutoScout24 in Europe and AutoTrader.ca in Canada. The group operates across nine markets and reports annual revenues exceeding €800 million.
The consolidated entity serves over 40 million unique monthly users and works with more than 45,000 dealer partners, listing over two million vehicles at any given time. Autonex holds leading market positions in most of its operating regions, which include Germany, Italy, Belgium, the Netherlands, Austria, the Nordics, and Canada.
The formation of Autonex is driven by increased operational and technological integration centered around a shared platform featuring Autonex Intelligence. This suite of AI-powered tools is built on proprietary data and aims to enhance interaction, automation, and decision-making for both dealers and consumers.
Autonex will continue to market itself through its existing brands, focusing on faster innovation and improved outcomes for dealers and consumers via the new AI-enabled platform. The group also facilitates cross-border wholesale trading within Europe through its AutoProff service.