CommBank and AutoGrab join forces to deliver AI to help consumers shop for cars

AutoGrab, the nation’s leading automotive intelligence platform, is thrilled to announce it
has teamed up with the Commonwealth Bank of Australia (CommBank), to assist consumers
navigate Australia’s very competitive car buying market.

And AutoGab are adding a bit of AI to help to help simplify the car buying process – which
typically takes customers around three months on average to make.

The initiative leverages AutoGrab’s dealer-grade data and AI-driven comparison tools,
previously used by the automotive industry, to empower everyday buyers.

Australian motorists have greater choices than ever with more than 60 automotive brands
and more than 400 models available locally consumers.

To assist, AutoGrab has joined forces with CommBank, bringing cars data and motor sales
trends intelligence developed for dealers to everyday buyers via the Cars for CommBank
platform.

The move also significantly expands the inventory of new and used cars customers can
research and buy with more than 20,000 dealer vehicles available on the platform.

Customers can now access side-by-side comparisons, pricing trends, trade-in estimates, and
insights into factors such as mileage, fuel efficiency, and resale value – all via the CommBank
website.

CommBank customers can access the car buying service via the CommBank app or NetBank.
It will allow them to search for their next vehicle with the option to gain conditional
approval for personal and business finance, and filter by options in their budget with loan
repayment amounts displayed during the search.

Go to https://www.carsforcommbank.com.au/ and start consulting Axel your virtual car
assistant, to make your car buying decisions faster, easier and more informed.

Quotes attributable to Saxon Odger, Chief Commercial Officer, Auto Grab:

“AutoGrab is proud to team up with CommBank, Australia’s largest bank.”

“Australians want clarity and trusted information when making one of life’s biggest financial
decisions. By bringing dealer-grade data and AI-assisted comparison tools to consumers,
we’re helping them navigate an increasingly complex market with confidence.”

“AutoGrab is also excited to embed our market leading AI tool into the CommBank digital
ecosystem. Our technology marks a leap forward by equipping CommBank customers with
intelligent, conversational tools that turn data into informed action for automotive decision
making.”

Quotes attributable to Joel Larsen, Executive General Manager of Consumer Finance at
CommBank.

“Buying a car is one of the biggest costs people face, and many find the process
overwhelming. Cars for CommBank brings together data, AI, and finance options in one
place – giving customers choice and confidence in a simple, easy to use experience.”

About AutoGrab

AutoGrab is an Australian-founded automotive intelligence platform that delivers data-
driven solutions to a wide range of industry sectors, including dealerships, OEMs, insurers,
financiers, and fleet operators. Since its inception, it has experienced rapid growth,
expanding its footprint beyond Australia to the United Kingdom, Malaysia, and New
Zealand.