Carsales pays $20m to take Chileautos majority stake
![Carsales chief executive Greg Roebuck has been keen to expand the automotive web site's presence in Asia and Latin America.](/content/dam/images/g/i/o/k/2/w/image.related.afrIndexLead.320x210.gnsq1k.png/1459237239074.jpg)
Auto-classifieds business Carsales.com has tagged Latin America as a region for expansion, buying a controlling stake in Chile's largest online automotive advertisements website for $US15 million ($20 million).