C

carfax

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CARFAX Company Research Report



Company Overview



  • Name: CARFAX

  • Mission: To be the leading source of vehicle history information for buyers and sellers of used cars.

  • Founded: 1986

  • Founder: No information is available

  • Key People: No specific key people information is available, but some employees like Jeff Sandridge, Mike Liou, Karen Brackett, and Laura Hutchinson are mentioned.

  • Headquarters: Centreville, Virginia, USA

  • Number of Employees: Between 1,001-5,000 employees

  • Revenue: No information is available

  • Known For: CARFAX is known as the most comprehensive vehicle history database available in North America, with over 30 billion records. It helps millions of people confidently shop, buy, own, and sell used cars with innovative solutions.


Products



  • CARFAX Vehicle History Reports: These reports provide vital information about used cars, including potential recalls, vehicle theft history, past accidents, and more. Key features include a "Do Not Drive" or "Park Outside" recall alert feature.

  • CARFAX Car Care: A service that offers vehicle maintenance management by notifying customers of recalls and helping manage service history.

  • CARFAX Value: Helps consumers determine the true value of used cars with detailed and current market data.

  • CARFAX for Dealers: Tools for dealerships to acquire and sell used cars efficiently using detailed vehicle history data.

  • CARFAX for Service Shops: Offers automotive repair shops relevant car history data to better service vehicles.

  • Partner Programs: Expanded partnerships to deliver CARFAX data to a broader audience, including new Spanish-language commercials and expanded partner programs.


Recent Developments



  • New Headquarters: CARFAX announced moving its headquarters by the end of 2025 to Reston Station, Virginia, to foster better co-working with modernized spaces and refined amenities.

  • Expansion of Partner Programs: The company has expanded its partner programs significantly and introduced new Spanish-language commercials featuring its Car Fox mascot.

  • Employee Growth: Recently hired 19 new employees across various departments, including Product Development, Cyber Security, Account Management, and Customer Support.

  • Awards and Recognitions: CARFAX recognized top dealerships across the nation with its annual CARFAX Top-Rated Dealers Award.

  • Technological Innovations: Introduced groundbreaking expansion of partner programs and enhanced their data offerings.

  • Cultural Events: Held team appreciation events and an annual meeting celebrating their achievements and briefing employees on future plans.

  • Office Move Announcement: Planning to move to Reston Station for enhanced facilities and workspace, maintaining their pet-friendly environment with modern amenities.


Additional Information




  • Industry: Software Development

  • Recent Social Media Highlights: Emphasized a “work hard, play harder” culture, internal events focus, and initiatives like monthly team appreciation parties and employee spotlights.


This report compiled all available data to present a comprehensive view of CARFAX, focusing on its role, achievements, and recent changes within the company landscape.
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