AutoScout24

AutoScout24 GmbH
TypePrivate (GmbH)
IndustryOnline marketplace
Founded1998 (as MasterCar.de)
Headquarters,
Germany
Area served
Europe
Key peoplePeter Brooks-Johnson, Coram Williams, Felix Frank (managing directors)
Number of employees
400 (2015) Edit this on Wikidata
ParentAutonex
Websiteautoscout24.com

AutoScout24 is an online marketplace for new and used cars, motorcycles and commercial vehicles in several European countries. It is run by AutoScout24 GmbH, based in Grünwald near Munich, Germany. Founded in 1998 as MasterCar.de, it belonged to the Scout24 group until 2020, when the private equity firm Hellman & Friedman bought it. In Germany it has had fewer listings than mobile.de. In 2026 the Belgian Competition Authority ordered interim measures against its Belgian site in a dispute with a competing platform over dealers' listing data.

Business

AutoScout24 GmbH is based in Grünwald near Munich. In 2019 the marketplace operated in Germany, Italy, the Netherlands, Belgium and Austria. In Germany mobile.de was larger, and in October 2026 it had nearly twice as many used cars listed.

Dealers pay AutoScout24 for each vehicle they list. In July 2019 the German motor trade association ZDK criticised what it described as significant price increases for dealers. Scout24 did not confirm the increases or their size.

History

The company was founded in 1998 as MasterCar.de. In 1999 it was renamed AutoScout24 GmbH and joined the Scout24 group. In 2008 it belonged to Deutsche Telekom, and WirtschaftsWoche estimated its profit margin at 20 to 30 per cent. By then Google and the portal pkw.de had begun to compete with AutoScout24 and eBay's mobile.de for online used car sales in Germany.

At the end of 2013 Hellman & Friedman bought 70 per cent of Scout24 from Deutsche Telekom. It later floated the group on the stock exchange. In 2019 the hedge fund Elliott Management called on Scout24 to sell AutoScout24, which then provided about a third of the group's revenue. Scout24 put the business up for sale, and private equity firms, the online car dealer Auto1 and the publisher Axel Springer bid for it. In December 2019 Scout24 agreed to sell AutoScout24 and the loan comparison site Finanzcheck to Hellman & Friedman for about €2.9 billion. The sale was completed on 1 April 2020. A few days later WirtschaftsWoche listed AutoScout24 among German companies that carried high debts because they were owned by private equity investors.

Edgar Berger was chief executive from April 2020 to July 2023. AutoScout24 bought a majority stake in the leasing portal Leasingmarkt.de in 2020. In 2022 it took joint control of AutoProff, a Danish online platform for trade in used cars between businesses, which the Danish Competition and Consumer Authority cleared in May 2022. In August 2024 it agreed to buy Trader Corporation, the operator of the Canadian marketplaces AutoTrader.ca and AutoHebdo.net, from Thoma Bravo. In October 2026 the group took the name Autonex.

Belgian competition case

The Belgian Competition Authority described AutoScout24.be as the main platform for used car classified ads in Belgium. In March 2026 TCS Mobility, which runs the competing site carselect.touring.be, complained to the authority that AutoScout24 had stopped the automated transfer of dealers' listing data to its site. The transfers stopped after TCS introduced pay-per-lead pricing.

On 30 April 2026 the authority found that AutoScout24 prima facie held a dominant position and had probably abused it. As an interim measure it ordered the company to restore the transfers, subject to a penalty of €20,000 a day up to a maximum of €7 million. The proceedings on the merits continued.

References

  1. 1 2 "Imprint". AutoScout24 GmbH. Retrieved 20 October 2026.
  2. 1 2 "Fahrzeugbörse: Autoscout24-Chef kündigt Rücktritt an". Autohaus (in German). 22 June 2023. Retrieved 20 October 2026.
  3. 1 2 "Three buyout groups vie for Scout24's Autoscout unit: sources". The Fiji Times. Reuters. 19 October 2019. Retrieved 20 October 2026.
  4. 1 2 3 4 "Eigentümerwechsel: Autoscout24 für 2,9 Milliarden Euro verkauft". Autohaus (in German). dpa. 17 December 2019. Retrieved 20 October 2026.
  5. 1 2 Achter, Martin (14 October 2026). "Autoscout 24 bekommt neue Dachgesellschaft". kfz-betrieb (in German). Retrieved 16 October 2026.
  6. 1 2 3 4 "The Belgian Competition Authority orders AutoScout24 to restore sellers' data portability to a competing platform subject to penalty payments" (PDF) (Press release). Belgian Competition Authority. 30 April 2026. No. 18/2026. Retrieved 20 October 2026.
  7. ↑ Achter, Martin (22 July 2019). "ZDK: Preiserhöhung bei Autoscout 24 verärgert Händler". kfz-betrieb (in German). Retrieved 21 October 2026.
  8. ↑ "AutoScout24 in Zahlen" (in German). AutoScout24. 1 April 2020. Retrieved 14 December 2022.
  9. ↑ "Autoscout24.de und Mobile.de: Das sind die Alternativen". WirtschaftsWoche (in German). 10 September 2008. Retrieved 21 October 2026.
  10. ↑ Saal, Marco (23 May 2014). "Autoscout24: Vier Gründe, warum eine Übernahme durch Springer keine Überraschung wäre". Horizont (in German). Retrieved 20 October 2026.
  11. 1 2 "Internet-Autohandel: Bieterkampf um Autoscout24 – Milliardengebote erwartet". WirtschaftsWoche (in German). Reuters. 9 October 2019. Retrieved 21 October 2026.
  12. ↑ "Scout24 to explore sale or listing of car trading platform". Financial Times. 13 August 2019. Retrieved 21 October 2026.
  13. ↑ Holzki, Larissa (1 April 2020). "Scout24 meldet Vollzug beim Verkauf der Tochterfirma Autoscout24". Handelsblatt (in German). Retrieved 20 October 2026.
  14. ↑ Welp, Cornelius; Zdrzalek, Lukas (7 April 2020). "Tipico, Douglas, Autoscout24: Hohe Schulden, wenig Geschäft". WirtschaftsWoche (in German). Retrieved 21 October 2026.
  15. ↑ "Strategische Investition: Autoscout24 kauft Mehrheit an Leasingmarkt.de". Autohaus (in German). Retrieved 8 July 2020.
  16. ↑ "Godkendelse på baggrund af en forenklet sagsbehandling af Hellman & Friedman LLC's (AutoScout24 GmbH) erhvervelse af fælles kontrol over Auction Group A/S (Autoproff) sammen med ManCo" (PDF) (in Danish). Konkurrence- og Forbrugerstyrelsen. 30 May 2022. Retrieved 21 October 2026.
  17. ↑ Riehl, Alex (19 August 2024). "European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo". BetaKit. Retrieved 20 October 2026.
  18. ↑ "Automobile: AutoScout24 expandiert mit Übernahme nach Kanada". Handelsblatt (in German). Reuters. 16 August 2024. Retrieved 21 October 2026.
  19. ↑ Raffin, Gredy (5 May 2026). "AutoScout24 Belgique perd sa bataille contre TCS Mobility". Journal de l'Automobile (in French). Retrieved 20 October 2026.