Autonex Established: Integrating automotive trading platforms from nine major markets in Europe and Canada
Munich, October 13, 2026 / PRNewswire / — The leading international automotive trading platform group Autonex was officially launched today as a brand-new, unified entity, integrating several well-known brands including AutoScout24 and AutoTrader.ca. Its business covers nine markets in Europe and Canada.
Autonex and its subsidiaries (hereinafter referred to as the "Group") generate annual revenues of over 800 million euros, attracting more than 40 million unique users per month, over 45,000 dealer partners, and at any given time, there are over 2 million vehicles for sale. The Group claims to hold a leading position in most of the markets in which it operates, including Canada, Germany, Italy, Belgium, the Netherlands, Austria, and the Nordic region.
The launch of Autonex reflects the group's continuous advancement in operational and technical integration around the shared platform, which is equipped with Autonex Intelligence. Autonex Intelligence is a combination of products and capabilities driven by AI, built on credible proprietary data, providing dealers and consumers with new ways of interaction, automation, and decision support. The group states that this shared platform will serve as a unified focus for its subsequent development.
The group will continue to carry out market operations through its existing brands targeting consumers and distributors, including AutoScout24 in Europe, AutoTrader.ca and AutoHebdo.net in Canada, LeasingMarkt.de in Germany, as well as AutoProff for the wholesale market in Europe B2B.
CEO Peter Brooks - Johnson stated: " Autonex will redefine the car trading platform. We have built a company that combines scale, technology, and ambition, capable of changing the way vehicles are bought, sold, and leased in Europe and Canada. By integrating these trusted brands on a platform empowered by AI, we can innovate more quickly, bring better results to dealers, and create a better experience for consumers."
Autonex indicates that its long-term growth and value creation are based on a unique combination of three key pillars:
- A leading automotive trading platform that connects buyers and sellers on a large scale in Europe and Canada.
- A shared and scalable platform that enables products, business capabilities, and best practices to be efficiently promoted in various markets.
- A comprehensive set of dealer solutions, including cross-border B2B transactions conducted through AutoProff.
A sharing platform designed for expansion
The core of Autonex is a unified platform that covers all markets. This platform is built on data from a credible proprietary trading platform, which is formed by millions of consumer interactions, dealer relationships, and vehicle listing information. The company states that this enables the group to quickly promote its products, business capabilities, and innovations to different countries while retaining its strong local market expertise.
Autonex Intelligence: To bring better outcomes for distributors and consumers with AI
Autonex integrates the AI capabilities across the group into Autonex Intelligence, combining AI and credible proprietary trading platform data with in-depth integration of the automotive consumption journey to create tangible value for dealers and consumers. The company states that by enhancing product performance and expanding the scope of Autonex services on various trading platforms, these capabilities will bring additional business and growth opportunities. These capabilities will be launched in Europe through AutoScout24 Intelligence and in Canada through AutoTrader Intelligence.
AI will support both ends of the trading platform, helping consumers make better car purchasing decisions and also assisting dealers in managing their businesses more effectively. Autonex Intelligence The two latest and upcoming innovations include:
- Conversational search:As consumers increasingly rely on AI to research products and assist in purchasing decisions, conversational search has directly incorporated this behavior into car trading platforms. It has elevated vehicle searches to personalized car-buying assistants, helping buyers to sort through options and find the right vehicles based on their individual needs and budgets. For dealers, this means that buyer information is more comprehensive, consultations are more relevant, and the intention to purchase is stronger.
- Distributor Agency:This business partner driven by AI can help distributors extract more value from their inventory. It transforms trading platform and operational performance data into actionable recommendations, indicating areas where distributors can improve pricing, visibility, or listing quality, and helps them focus on the most important actions to take.
Support cross-border transactions
The group stated that cross-border transactions are an important and growing part of its dealer service offerings. Due to differences in supply and demand, prices, and vehicle model structures, there is a significant amount of dealer-to-dealer transaction activity across European markets. In the past, many of these transactions were conducted informally between dealers, resulting in a decentralized process that was often inefficient.
Autonex indicates that through AutoProff and the group's broader trading platform capabilities, these transactions will be made more efficient and more accessible, and dealers will be provided with support for procurement, auctioning, pricing, testing, third-party hosting, transportation, and tax-related services.
For more information, please visit: www.autonex.com
