El Segundo, United States
CarsDirect.com is a prominent player in the E-Commerce industry, with a strong foothold in the online automotive space. Established in 1998, the company has evolved from an online car buying platform to a comprehensive provider of dealer referral and advertising services. Recognized as a four-time winner of the Dealer’s Choice Diamond Award for New Car Lead provider and acclaimed for their expertise in used vehicle advertising and Dealer Branding, CarsDirect.com has proven its prowess in the market.
Over the years, the company has facilitated the sale of 150,000 vehicles nationwide, demonstrating its influence in the automotive market. The latest injection of $17.00M in Venture Round investment from Penske Automotive Group in May 2000 further emphasizes the confidence that key players in the industry have in CarsDirect.com's potential for growth and success.
Based in the United States, CarsDirect.com has established itself as a reliable partner for dealers, providing access to a substantial customer base through its Automotive Network. With its rich history and a strong investor backing, CarsDirect.com appears poised for further expansion and influence in the dynamic automotive e-commerce landscape.
