I work in the auto industry and the topic of whether Carsales can be challenged by a competitor often comes up especially among some dealers who don't like the power Carsales has in the market. I wrote a short article on why it would be so difficult to beat Carsales and what a competitor would have to do to carve out a share of the market. I have pasted the link below. Feedback is warmly welcome!
https://www.linkedin.com/pulse/can-...68#comments-6353772443160711168&trk=prof-post
Could Carsales be challenged by a competitor?
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Last
$34.20 |
Change
-0.350(1.01%) |
Mkt cap ! $12.89B | |||
| Open | High | Low | Value | Volume |
| $34.82 | $34.91 | $34.20 | $91.81M | 2.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4074 | $34.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.21 | 1 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CAR (ASX) Chart |