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Auto Trader Group plc, commonly known as Auto Trader, is a British automotive online marketplace and classified advertising business. Auto Trader is listed on the London Stock Exchange trading under the ticker symbol AUTO , and is a constituent of the FTSE 100 Index .
Initially for second-hand and vintage items, it became of the largest sites for advertising pets, horses and livestock. In 2012, it was ranked 2nd in the UK for classified ads by Hitwise. [3] In 2013, it recorded over 1.1 billion page views on its advert pages. [4] As of 2014, Preloved was the largest independent classified ads site in the UK. [3]
Autotrader.com was founded in 1997. [2] It was derived from Auto Trader magazine, first published by Stu Arnold in 1973. [5] Freelance photographers would travel to the address of a customer to photograph their vehicle.
The company was founded by Arnold Clark, who opened his first showroom in 1954 in Park Road in Glasgow.In 1963, Arnold Clark Finance was launched. [3] In the 1960s the company began rental vehicles and in 1968 took over Grant, Melrose and Tennant giving the company an accident repair centre.
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Classified advertising is a form of advertising, particularly common in newspapers, online and other periodicals, which may be sold or distributed free of charge. Classified advertisements are much cheaper than larger display advertisements used by businesses, [ 1 ] although display advertising is more widespread. [ 2 ]
In 1987, AutoTrader was acquired by John MacBain, founder, president, and CEO of Trader Classified Media. [6] [7] Trader Classified Media included over 500 print titles and 57 internet sites in 20 countries. [8] Trader Classified Media went public in 2000 and was publicly traded on NASDAQ and the Euronext Paris Stock Exchange. [9]
Originally one of a row of cottages, the four-bedroom, semi-detached property – neighboured by No. 16 Crosbie Road – pre-dates the foundation of fabled links club, established in 1878.