Singapore — Carro has expanded into Australia through the acquisition of used car platform CarPlace, while forming a strategic partnership with automotive group Autoleague to strengthen its presence in one of the Asia-Pacific region’s largest automotive markets.
The deal marks Carro’s entry into Australia and combines the company’s digital automotive marketplace capabilities with CarPlace’s established retail presence. As part of the agreement, Autoleague will remain a strategic shareholder in CarPlace and join Carro as a strategic investor, reinforcing the long-term partnership between the two companies.
Through the collaboration, Carro aims to deliver a more transparent, seamless, and technology-driven experience for both dealers and consumers by introducing its proprietary digital capabilities across vehicle inspections, inventory tracking, asset management, lead management, customer experience, dealer networks, and lifecycle management.
The acquisition also gives Carro an immediate physical presence across Western Australia and Queensland through CarPlace’s showroom network while expanding its wholesale operations from Victoria, with plans to grow wholesale capabilities by serving the Japan-Australia vehicle import corridor.
The move represents another milestone in Carro’s regional growth strategy, extending its operations to eight markets across Asia-Pacific and reinforcing its position as one of the region’s largest multi-country automotive marketplaces.
“We’re really excited about the potential to grow into a leading business in Australia. We believe the market is ripe for a platform like Carro to transform the used car landscape and deliver a better, convenient, more transparent customer experience that is powered by technology and AI,” said Aaron Tan, Co-Founder and CEO of Carro.
“Carro has a track record of partnering with local dealers to support their growth, and we welcome ‘win-win’ partnerships in Australia. We’re confident in our strong Wholesales capabilities, thanks to our presence in Japan which puts us in a very strong position to bring in popular Pre-Owned and Brand New Japanese models that Australians have grown to trust and love,” added Tan.
“It’s really a fantastic opportunity to partner and be a strategic shareholder in Carro,” shared Dan Kawai, Managing Director and CEO of Autoleague. “We’ve seen Carro’s technology infrastructure, streamlined operations and unwavering commitment to transparency within the industry, and we’re confident in their goal to become a leading player in Australia and the top choice for customers. We’re supportive of Carro’s ambitions in Australia and are committed to working closely together to achieve that.”
By combining CarPlace’s local market expertise with Carro’s technology platform and Autoleague’s automotive network, the partnership aims to modernise Australia’s used car ecosystem while delivering a more efficient and trusted buying and selling experience for customers.
