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S&P Global Mobility Set to Become a Standalone Public Entity

In a significant corporate restructuring move, S&P Global (NYSE: SPGI) has announced its intention to separate its Mobility segment into a standalone public entity. This strategic decision aims to enhance long-term value and streamline operations as the automotive sector continues to evolve amidst changing consumer demands.

Rationale Behind the Separation

According to Martina L. Cheung, President and CEO of S&P Global, the separation will allow the company to maintain its focus on core businesses while leveraging the strengths of the Mobility segment. By doing so, both entities can concentrate on their respective growth strategies, ensuring that they meet the demands of an ever-changing market. This separation is expected to take between 12 to 18 months to finalize, subject to regulatory approvals.

S&P Global Mobility has emerged as a leader in automotive data and technology, driven by increasing consumer demand for vehicle-related information. Aspects like the rise of electrification, software-defined vehicles, and direct-to-consumer sales channels are fueling this need for comprehensive insights and decision-making tools in the automotive sector. The Mobility segment includes key divisions such as Used Vehicle Sales & Service (including CARFAX), Strategy & Product Planning, and New Vehicle Sales & Marketing.

In fiscal 2024, Mobility reported an impressive revenue of $1.6 billion, showcasing a robust year-over-year growth of approximately 8%. This growth trajectory exemplifies the segment's potential amidst increasing competition and evolving market dynamics.

Benefits of a Standalone Mobility Entity

The separation is designed to provide focused management teams for both S&P Global and Mobility. By enabling distinct business models and setting strategic priorities, each will be able to pursue tailored paths for long-term value creation, ultimately benefiting their customers.

A standalone Mobility entity will have greater financial flexibility, allowing it to strengthen its market leadership and seize profitable growth opportunities. The future plans will likely involve expanding geographically and diversifying offerings within adjacent markets, particularly in the pre-owned vehicle space that is witnessing growing consumer interest.

Additional advantages include improved capital structure and distinct investment profiles that align better with market and investor expectations. As both companies transition into their new forms, additional details on capital allocation will emerge, further clarifying how each entity plans to leverage its strengths moving forward.

Upcoming Investor Day

To keep investors informed, S&P Global will host an Investor Day on November 13, 2025. This event will outline the multi-year strategy post-separation, providing insights into how both companies plan to navigate the future landscape. Stakeholders can expect discussions on S&P Global's ongoing innovations in product development and enhancements in their AI initiatives, underscoring their commitment to remaining at the forefront of the industry.

Conclusion

The decision to separate the Mobility division is a calculated move in response to the rapidly evolving automotive market. As S&P Global prepares for this transition, it sets the stage for both entities to navigate new opportunities and challenges. With a clear focus on their respective strengths, the future looks promising for both S&P Global and S&P Global Mobility, reshaping the automotive data landscape as they progress into their next chapters.