Autonex launches as unified European and Canadian automotive marketplace group

Autonex has officially launched as a unified international group, bringing together established automotive marketplace brands across nine markets in Europe and Canada. The new entity aims to streamline operations and develop new services powered by artificial intelligence.

The Autonex group reports an annual revenue exceeding 800 million euros and serves over 40 million unique users monthly. Its platforms collectively list more than two million vehicle advertisements at any given time. The group holds leading positions in most of its operating markets, including Canada, Germany, Italy, Belgium, the Netherlands, Austria, and the Nordic countries.

According to the company, the integrated operational and technological platform, featuring Autonex Intelligence, will enable faster innovation and improved decision-making for both consumers and dealers. This AI-driven system is designed to create new forms of interaction and automation within the automotive trading process.

Autonex will continue to operate through its well-known consumer and professional brands, such as AutoScout24 in Europe and AutoTrader.ca in Canada. The company anticipates that this unified structure will accelerate product development and enhance the overall customer experience.