CAR Group shares gain on upbeat second-half outlook

Shares in CAR Group advanced after the company delivered an upbeat outlook for the second half of its 2026 financial year on its earnings call. CAR Group operates automotive classifieds marketplaces in Australia and holds interests in comparable platforms in overseas markets, including South Korea, Brazil and the United States. Its revenue is driven largely by dealer subscriptions and listing depth products, which give it recurring income less exposed to short-term swings in vehicle sales volumes. Management's guidance commentary was the main focus for investors on the call.