Mobility Global completes spinoff, begins trading on NYSE
Image courtesy of Mobility Global.
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Mobility Global Inc. — which includes such brands as CARFAX, automotiveMastermind, Polk Automotive Solutions and Market Scan — has completed its spinoff from S&P Global Inc.
Shares of Mobility Global, now an independent, public company, began trading Wednesday on the New York Stock Exchange under the “MBGL” symbol.
“For over 100 years, we have had the honor of serving the automotive industry. As Mobility Global, we continue our mission of providing trusted information that fuels better decisions in this fast-moving sector,” Mobility Global CEO Bill Eager said in a news release.
“Our powerful brands — CARFAX, automotiveMastermind, Polk Automotive Solutions, and Market Scan — help people make better decisions with unique industry-leading information,” Eager said.
“As the many changes across the automotive industry continue, our data, our AI capabilities, and, most importantly, our people will meet the growing demand for must-have information that helps automotive manufacturers, suppliers, dealers and consumers.”
S&P Global first announced it would be spinning off its mobility business unit (then called S&P Global Mobility) into a standalone public company in late April 2025.
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In July of last year, Eager, who had been CARFAX CEO, was selected to lead S&P Global Mobility and lead the new company once it spun off.
The new name (Mobility Global) was announced earlier this year.
“I’ve spent my career in this industry, and the decisions facing automotive manufacturers, dealers, and suppliers today are more complex and consequential than ever before,” Mobility Global board chairman Joe Hinrichs said in a news release.
“In this environment, trusted information is essential. Mobility Global is uniquely positioned to provide solutions, backed by a century of credibility and brands the industry relies on. On behalf of the board, I’m proud of our leadership, our teams, and our mission, and I am confident in our ability to help shape the future of mobility.”