Mobility Global Inc.

What does Mobility Global own?
The CARFAX vehicle history brand plus automotive data and services for dealers, lenders, insurers and manufacturers. It was formerly S&P Global's Mobility division.

Is Mobility Global publicly traded?
Yes. It trades on Nasdaq under ticker MBGL, having listed on July 1, 2026 after spinning off from S&P Global.

Who founded Mobility Global?
It was formed through the S&P Global spin-off in July 2026. Its principal brand CARFAX was founded in 1984 by Ewin Barnett and Robert Daniel Clark.

Where is Mobility Global headquartered?
Centreville, Virginia, United States, the same base it occupied as part of S&P Global.

Who owns Mobility Global?
It is a public company with dispersed institutional and retail ownership. S&P Global shareholders received shares in the spin-off distribution.

What is Mobility Global's revenue?
Approximately $1.2 billion annually on a pre-spin basis, dominated by the CARFAX business.

Why did S&P Global spin it off?
To create two focused companies: S&P Global for financial data and ratings, Mobility Global for automotive data. The separation lets each pursue independent strategy and capital allocation.

Does Mobility Global own CARFAX?
Yes. CARFAX is its flagship brand, acquired by S&P Global in 2013 and transferred to Mobility Global in the 2026 spin-off.

Mobility Global's history is the history of the businesses it contains, primarily CARFAX. CARFAX was founded in 1984 in Columbia, Missouri, by Ewin Barnett and Robert Daniel Clark, who built a database of vehicle history information to combat odometer fraud and undisclosed damage.

The business grew through the 1990s and 2000s as used car transactions professionalized: CARFAX reports became standard in dealer sales and consumer purchases, monetized through subscriptions to dealers and per-report charges to consumers. It built a near-monopoly position through network effects: the more data sources it aggregated, the more essential its reports became.

S&P Global acquired CARFAX in 2013 as part of its purchase of IHS, folding it into what became the Mobility division alongside Polk automotive data and other vehicle information services. Under S&P the business expanded into digital retailing tools, dealer software and connected-car data.

By 2025 S&P Global decided to separate Mobility, announcing the spin-off to create two focused companies. The transaction completed July 1, 2026: S&P shareholders received Mobility Global shares, which began trading on Nasdaq as MBGL. The new company retained the Centreville, Virginia base and approximately 2,500 employees.

As a standalone company Mobility Global's strategy is automotive data expansion: connected-vehicle information, EV-specific services, digital retailing and the repair-and-maintenance data ecosystem. Its first months of independence have focused on establishing itself with investors as a growth data business rather than a utility provider.

The corporate lineage runs through R.L. Polk, the Detroit company founded in 1870 that built its business on city directories before becoming the automotive industry's standard data provider for vehicle information and registration statistics. IHS acquired Polk in 2013, the same year it bought CARFAX, assembling the automotive data business that became IHS Markit's automotive segment.

S&P Global's 2022 merger with IHS Markit, a 44 billion dollar transaction, placed the automotive data operation inside a financial data conglomerate where it was always a strategic misfit: the Mobility segment served a completely different customer base, with different sales cycles and different technology needs, from S&P's ratings and indices businesses.

S&P announced the intention to separate Mobility in 2025, arguing that both companies would perform better with independent strategies and capital allocation. The spin-off completed on July 1, 2026: S&P shareholders received Mobility Global shares in a tax-free distribution, and the company began regular-way trading on Nasdaq as MBGL.

The new company's strategic argument is that automotive data is entering a growth phase: connected vehicles generate data flows that legacy products never touched, electric vehicles create new information categories, and digital retailing and maintenance ecosystems need the data infrastructure it provides. CARFAX supplies the cash engine; the expansion thesis is everything adjacent to it.