Cars.com Inc (N:CARS)

Apr 16, 2024 07:30 am ET
Market Prices, Consumer Budgets Inch Closer Together, According to Cars.com's 2024 Affordability Report
Despite Inflation and Interest Rate Concerns, Half of Americans Are Planning Major Purchases in 2024
Apr 02, 2024 07:30 am ET
Cars.com's Your Garage Gives Car Owners Market Power for Trade-Ins and New Purchases, Showcased in Latest 'Possibilities' Ad
New Cars.com Utility Puts in Data from Over Two Million Vehicle Listings in the Hands of Consumers and Allows Them to Easily Track Their Vehicle's Value Over Time1
Feb 22, 2024 06:30 am ET
Cars.com Reports Fourth Quarter and Full Year 2023 Results
Exceeded Fourth Quarter Guidance, Delivered 7% Year-Over-Year Revenue Growth
Feb 12, 2024 03:30 pm ET
Cars.com to Announce Fourth Quarter and Full Year 2023 Financial Results
CHICAGO, Feb. 12, 2024 /PRNewswire/ -- Cars.com Inc.(NYSE: CARS) (d/b/a "Cars Commerce Inc" or the "Company"), an audience-driven technology company empowering automotive, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 22, 2024. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Feb 12, 2024 01:06 pm ET
Volkswagen's 'An American Love Story' Ad Zooms Ahead With 394% Surge in Traffic on Cars.com During the Big Game
Automotive Advertisers Volkswagen, Kia, Toyota and BMW See an Average Traffic Spike of 235% on Cars.com During Last Night's Big Game
Feb 07, 2024 06:30 am ET
Cars.com Reveals 2024 Best Of Awards: Budget-Friendly Chevrolet Trax Takes Top Spot as Best Car of the Year
Cars.com Automotive Experts Call This Year's Feature-Filled Winners "Pin-You-to-Your-Seat Fun," "Massive Marriage Saver" and "A New Bar for What Consumers Should Expect"
Jan 30, 2024 06:30 am ET
Cars Commerce Addresses Automotive Retailers' Top Three Pain Points to Help Them Unleash Growth in 2024
CHICAGO, Jan. 30, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering automotive, today shared the top three dealer pain points in 2024 and how the company plans to help its customers solve these challenges to unleash growth. This news comes ahead of the 2024 NADA Show in Las Vegas Feb. 2-4, where dealers and partners can experience the Cars Commerce platform and its connected solutions live in booth #3421W.
Jan 24, 2024 06:30 am ET
FordDirect Selects AccuTrade as its Preferred Vehicle Acquisition and Trade and Appraisal Solution For Its 3000+ U.S. Ford Dealers and Lincoln Retailers to Turn More Cars for More Profit
CHICAGO, Jan. 24, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering automotive, today announced that FordDirect has selected AccuTrade, a Cars Commerce solution, as its preferred vehicle acquisition and trade and appraisal solution for The Shop, a newly launched e-commerce platform for 3000+ Ford dealers and Lincoln retailers.
Jan 03, 2024 06:30 am ET
2024 Automotive Trends: Cars Commerce Explores Driving Forces Transforming Car Buying and Selling
Affordable, Available and American-Made Stand Out as Key Themes Heading Into New Year
Nov 30, 2023 06:30 am ET
13 Million Reviews Don't Lie: Cars.com Reveals Top Automakers With the Best Reputation
Cars.com Experience Report Emphasizes Crucial Role of Dealership Engagement in Building Auto Brand Reputation
Nov 09, 2023 06:00 am ET
Cars.com to Participate in Three Investor Conferences in November
CHICAGO, Nov. 9, 2023 /PRNewswire/ -- Cars.com Inc. d/b/a Cars Commerce (NYSE: CARS) ("Cars Commerce"), an audience-driven technology company empowering the automotive industry, today announced that Alex Vetter, Chief Executive Officer of Cars Commerce and Sonia Jain, Chief Financial Officer of Cars Commerce will host meetings at the following three investor conferences in November:
Nov 02, 2023 07:30 am ET
Cars.com Inc. Reports Third Quarter 2023 Results
Launched Cars Commerce, Uniting the Company's B2B Brands
Nov 02, 2023 07:15 am ET
Cars.com Inc. Acquires D2C Media Inc., Expanding Cars Commerce Platform into Canada in Accretive Transaction
CHICAGO, Nov. 2, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce" or the "Company"), an audience-driven technology company empowering the automotive industry, today announced the acquisition of D2C Media Inc. ("D2C"), a leading automotive technology and digital solutions provider in Canada. The Company paid CAD $105 million in cash (USD $76 million) at closing, which was funded by a combination of cash on hand and borrowings under the Company's existing revolving credit facility. There is also the potential for additional performance-based consideration of up to CAD $35
Oct 25, 2023 07:30 am ET
Cars.com to Announce Third Quarter 2023 Financial Results
CHICAGO, Oct. 25, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce" or "the "Company"), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the third quarter ended September 30, 2023, on Thursday, November 2, 2023. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Oct 17, 2023 07:30 am ET
CARS Rebrands Commercial Enterprise as Cars Commerce, the First Connected Platform for Automotive That Spans Pretail, Retail and Post-Sale
CHICAGO, Oct. 17, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), an audience-driven technology company empowering automotive, today announced a new enterprise brand name. The company is uniting its various commercial brand names under Cars Commerce and doubling down on its platform strategy to better connect the industry with a simplified and tierless technology that spans pretail, retail and post-sale activities.
Sep 27, 2023 07:30 am ET
CARS.COM FINDS AMERICANS PAY A PREMIUM FOR PICKUP TRUCK 'COOL FACTOR'
Truck prices grew 50% faster than average vehicle prices year over year, but for many consumers, the real value is in the perks
Aug 01, 2023 07:30 am ET
A Third Child Means a New Ride for 40% of Parents; Cars.com's Car Seat Fit Report Card Shares the Best Family-Friendly Vehicles for Growing Families
It's Not Easy: 60% of Parents Have Incorrectly Installed a Car Seat, With Nearly Half Not Noticing for Over a Week
Jul 20, 2023 07:30 am ET
CARS to Announce Second Quarter 2023 Financial Results
CHICAGO, July 20, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, today announced that it expects to report its financial results for the second quarter ended June 30, 2023, on Thursday, August 3, 2023. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Jun 21, 2023 07:30 am ET
Jun 01, 2023 07:30 am ET
CARS.COM'S NEWEST MODEL: A MODERN BRAND, FRESH AD CAMPAIGN AND ENDLESS 'POSSIBILITIES'
For 25th Anniversary, Brand Upgrade Stakes a Claim on Where Car Buying and Selling Is Going Next
May 11, 2023 07:30 am ET
CARS to Participate in Two Investor Conferences in May
CHICAGO, May 11, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading digital automotive platform that provides a robust set of digital solutions, today announced that it would participate in the following two investor conferences in May:
May 04, 2023 07:30 am ET
CARS Reports First Quarter 2023 Results
Continued Growth in Revenue and ARPD
Apr 20, 2023 07:30 am ET
CARS to Announce First Quarter 2023 Financial Results
CHICAGO, April 20, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, today announced that it expects to report its financial results for the first quarter ended March 31, 2023, on Thursday, May 4, 2023. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Mar 29, 2023 07:50 am ET
CARS.COM RELEASES ITS 2023 TOP PICKS FOR ELECTRIC VEHICLES
Searches for EVs on Cars.com Have Grown 84% Since 2022; As EV Interest Accelerates, Cars.com's 2023 EV Buying Guide and Top Picks Help Consumers Transition from EV Curious to EV Owner
Mar 29, 2023 07:30 am ET
FROM AFFORDABILITY TO CAPABILITY, CARS.COM'S 2023 EV BUYING GUIDE NAVIGATES SHOPPERS THROUGH THE EVER EV-OLVING ELECTRIC VEHICLE FRONTIER
More Car-Shopping Americans Are Considering Making the Move to Electrics as Searches for New and Used EVs on Cars.com Have Increased 84%, With Middle America Jumping on the EV Bandwagon
Mar 09, 2023 06:30 am ET
DealerRater Celebrates 2023 Dealer of the Year Award Winners: More Than 1 Million Car Buyers Last Year Rated Dealerships on the Best Customer Experience
"Responsiveness" and "Accountability" Give Award-Winning Dealers a Boost to the Top of This Year's List
Feb 13, 2023 10:56 am ET
Feb 09, 2023 07:00 am ET
CARS to Announce Fourth Quarter and Full Year 2022 Financial Results
CHICAGO, Feb. 9, 2023 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2022, on Thursday, February 23, 2023. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Feb 07, 2023 11:55 am ET
KIA CLINCHES TOP SPOT IN CARS.COM'S 2023 'BEST OF' AWARDS
Second-Gen Kia Niro Hits the Sweet Spot of Style, Value and Performance; List Boasts First-Ever 'Best SUV' Category
Jan 24, 2023 06:30 am ET
NEW DATA-DRIVEN, PERSONALIZED INSIGHTS REPORTS FROM CARS AVAILABLE AT THE 2023 NADA SHOW THIS WEEK, EMPOWER DEALERS WITH A COMPETITIVE EDGE
Using Platform-Connected Data, CARS Offers Dealers a Free Preview of How to Maximize Their Trade-in Process, Brand Reputation and Targeted Marketing Efforts
Jan 23, 2023 06:41 am ET
CARS.COM'S FIRST-EVER AFFORDABILITY REPORT PROVIDES GUIDANCE FOR VALUE-CONSCIOUS BUYERS
Kia, Chevy and Ford Offer Most Affordable New Cars for 2023; Chevy Leads for Trade-In Value
Jan 19, 2023 08:36 am ET
CARS BRINGS SOLUTIONS TO INDUSTRY'S TOP PAIN POINTS, IMPROVING PROFITABILITY, EFFICIENCY AND CUSTOMER EXPERIENCE
CARS Connected Platform Arms Retailers to Efficiently and Profitably Elevate the Retail Experience
Nov 18, 2022 06:00 am ET
TRADING THE SKY FOR THE HIGHWAY: CARS.COM SURVEY SHOWS MORE HOLIDAY TRAVELERS OPT TO ROAD-TRIP TO AVOID FLYING HASSLES
Nearly Half of Americans Who Prefer to Fly Are Opting to Road-Trip for the Holiday
Nov 03, 2022 07:30 am ET
CARS Reports Third Quarter 2022 Results
Continued Revenue and Customer Growth; Achieved Q3 Guidance
Oct 20, 2022 07:30 am ET
CARS to Announce Third Quarter 2022 Financial Results
CHICAGO, Oct. 20, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the third quarter ended September 30, 2022, on Thursday, November 3, 2022. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Oct 04, 2022 07:30 am ET
Sonia Jain Returns to CARS as Chief Financial Officer
CHICAGO, Oct. 4, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it has reappointed former executive Sonia Jain as its chief financial officer with effect October 17, 2022. 
Aug 29, 2022 07:00 am ET
Cars.com Reports 80% of Labor Day Travelers Opt to Drive This Holiday Weekend Due to Frequent Air Travel Disruptions and Lower Gas Prices
Half of Cars.com's Survey Respondents Say Recent Decreases in Gas Prices Have Caused Them to Change Labor Day Travel Plans, With 30% Reporting They Will Now Travel Farther
Aug 17, 2022 07:00 am ET
58% of Parents Say Car Seats Drive Their Car Purchase Decisions: Cars.com 2022 Car Seat Fit Report Card Grades Vehicles on Fit and Safety for Families
 Almost half of parents have installed car seats incorrectly, while 33% test-drive car seats at the dealership before signing on the dotted line
Aug 03, 2022 08:24 am ET
CARS Reports Second Quarter 2022 Results
Achieved High-End of Guidance
Aug 01, 2022 07:00 am ET
Cars.com Launches "Instant Offer" Nationwide, Empowers Consumers to Claim Highest Offer From a Local Dealer and Sell Their Car Instantly
Cars.com Has Generated More Than 5,000 Qualified Cash Offers for Consumers Since Launch to Select Markets in May
Jul 20, 2022 07:30 am ET
CARS to Announce Second Quarter 2022 Financial Results
CHICAGO, July 20, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the second quarter ended June 30, 2022, on Wednesday, August 3, 2022. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Jun 28, 2022 07:00 am ET
Cars.com: 88% of Holiday Travelers Remain Committed to Their July Fourth Road Trip Despite High Fuel Costs
Independence Day Vacationers Find Pump Price Relief With Shorter Distances, Carpools and American-Made Fuel Efficient Vehicles
Jun 23, 2022 07:42 am ET
Subaru Taps Cars.com's Dealer Inspire® as a Certified Website and Technology Platform Provider for its 570+ U.S. Retailers
Dealer Inspire is certified to provide Subaru retailers a connected digital website platform that includes turnkey opportunities for seamless digital advertising, SEO, messaging, digital retailing and vehicle acquisition technologies built-in
Jun 21, 2022 04:20 pm ET
CARS.COM'S AMERICAN-MADE INDEX ADDS TESLA TO EXCLUSIVE LIST OF MULTIYEAR CHART-TOPPERS, MODEL Y NABS NO. 1
Honda and Tesla Each Appear 4x in Top 10 Alongside Jeep and Lincoln, Which Secure Top Spots; GM Dominates List With Its Models Claiming 20% of Overall Index
May 23, 2022 07:30 am ET
May 16, 2022 07:30 am ET
ONGOING INVENTORY CHALLENGES CREATE PRIME OPPORTUNITY TO MAXIMIZE USED CARS' RESALE VALUE
Recent Cars.com Surveys Conclude: In Current Seller's Market, Most Vehicle Trade-In Payouts Exceed Expectations by Thousands of Dollars for Consumers
May 05, 2022 07:30 am ET
CARS Reports First Quarter 2022 Results
Continued Growth in Revenue, Dealer Customers and ARPD
Apr 25, 2022 07:00 am ET
AMID SOARING ELECTRIC VEHICLE INTEREST, CARS.COM HOSTS FREE EV LIVESTREAM FOR CONSUMERS
With EV searches up nearly 200% on Cars.com, experts discuss the pros and cons of EV ownership, highlight popular models and answer consumer questions during live virtual event1
Apr 21, 2022 07:30 am ET
CARS to Announce First Quarter 2022 Financial Results
CHICAGO, April 21, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced that it expects to report its financial results for the first quarter ended March 31, 2022, on Thursday, May 5, 2022. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
Apr 04, 2022 05:00 pm ET
CARS Announces CFO Transition; Names Jandy Tomy Interim CFO
Company Reaffirms First Quarter and Annual 2022 Outlook
Mar 29, 2022 10:00 am ET
CARS.COM RELEASES ITS 2022 'TOP PICKS' FOR ELECTRIC VEHICLES
EV Searches Have Doubled on Cars.com Since 2021, Prompting a New EV Buying Guide and "Top Picks" to Help EV-Curious Consumers Find the Electric Car That Fits Their Lifestyle
Mar 29, 2022 07:30 am ET
CARS.COM REPORTS EV SEARCHES ARE UP 173% THIS MONTH, BUT RECORD-HIGH GAS PRICES AREN'T YET ENOUGH FOR MASS-MARKET ADOPTION
Current Events Accelerate EV Curiosity; Cars.com Answers With New EV Buying Guide to Help Consumers Navigate the Ins and Outs of Electric Cars
Mar 10, 2022 10:00 am ET
FUEL DRIVES BUYERS WHO ARE 4X MORE LIKELY TO PURCHASE USING CARS.COM AUDIENCE DATA
CHICAGO, March 10, 2022 /PRNewswire/ -- FUEL, a Cars.com Inc. company (NYSE: CARS) and leading automotive digital video provider, is helping dealers achieve impressive sales results. Walser Automotive Group, an early adopter of FUEL, achieved an increase of 21% in combined sales year-over-year in 2021 by owning the right ZIP codes and leveraging Cars.com's first-party data to target in-market shoppers with the right messages.1 
Mar 10, 2022 06:30 am ET
CARS Announces Retirement of Chief Legal Officer James F. Rogers; Appoints Angelique Strong Marks as Successor
CHICAGO, March 10, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today announced the retirement of Chief Legal Officer (CLO) James F. "Jim" Rogers, effective April 29, 2022. Jim has served as CLO since October 2016.
Mar 08, 2022 11:59 am ET
CARS UNLOCKS INSTANT LOAN APPROVALS POWERED BY CREDITIQ, DEALERS MAINTAIN CONTROL IN DIGITAL FINANCING
CHICAGO, March 8, 2022 /PRNewswire/ -- Cars.com Inc. ("CARS"), the leading automotive marketplace platform that provides a robust set of digital solutions, has activated its new turn-key digital financing technology powered by CreditIQ. It will be available for dealers on the CARS platform — at no additional cost — at the National Automobile Dealers Association (NADA) Convention & Expo in Las Vegas on March 11-13.
Mar 01, 2022 05:31 pm ET
CARS Closes Acquisition of The Accu-Trade Group, Adding Digital Vehicle Acquisition to the CARS Platform
CHICAGO, March 1, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of digital solutions, has closed the acquisition of the Accu-Trade Group, which was announced last month. The Accu-Trade Group includes real-time, VIN-specific appraisal and valuation data, instant guaranteed offer capabilities and logistics technology.
Feb 25, 2022 10:51 am ET
AMERICA'S LOVE AFFAIR WITH PICKUP TRUCKS CONTINUES: FORD MAVERICK NAMED CARS.COM'S BEST OF THE YEAR 2022
CHICAGO, Feb. 25, 2022 /PRNewswire/ -- Cars.com™ (NYSE: CARS), the car-shopping marketplace, today named the Ford Maverick pickup truck the Best of the Year winner for 2022 in its annual Best Of awards program. Pickup trucks are consistently the top-searched vehicle on Cars.com, with new Mavericks making up nearly 14% of new-truck searches.1 The Maverick is a shining example of Ford's top-quality innovation for the pickup truck body style.
Feb 24, 2022 06:30 am ET
CARS Reports Fourth Quarter and Full Year 2021 Results
CHICAGO, Feb. 24, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of digital solutions, today released its financial results for the fourth quarter and year ended December 31, 2021.
Feb 24, 2022 06:28 am ET
CARS Announces $200 Million Share Repurchase Program
CHICAGO, Feb. 24, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of digital solutions, today announced that its Board of Directors (the "Board") has authorized the repurchase of up to $200 million of the Company's outstanding shares of common stock over the next three years. The Company intends to fund the share repurchase program with cash from operations.
Feb 21, 2022 09:30 am ET
TESLA MODEL Y NAMED CARS.COM'S BEST ELECTRIC VEHICLE OF 2022
CHICAGO, Feb. 21, 2022 /PRNewswire/ -- Cars.com™ (NYSE: CARS), the car-shopping marketplace, today named the Tesla Model Y the Best Electric Vehicle of 2022 winner in its Best Of awards program. As more automakers bet on an electric future, consumers are starting to pay attention to the once-outlying rogue tech of automotive.
Feb 15, 2022 03:00 pm ET
CARS to Announce Fourth Quarter and Full Year 2021 Financial Results
CHICAGO, Feb. 15, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2021, on Thursday, February 24, 2022. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results
Feb 14, 2022 11:30 am ET
CARS.COM TRAFFIC BOOM CONFIRMS ELECTRIC VEHICLES WERE THE REAL MVPS OF LAST NIGHT'S BIG GAME
CHICAGO, Feb. 14, 2022 /PRNewswire/ -- Shoppers flocked to Cars.comTM (NYSE: CARS), the car shopping marketplace, last night following automakers' TV commercials that aired during one of the world's most-watched sporting events. The number of auto commercials doubled compared to 2021, with this year's event seeing seven auto brands airing eight commercials that led to a 217% average lift on advertiser brand pages on Cars.com. Of the seven automakers that ran a TV ad, six featured an electric vehicle (EV). Cars.com saw an 80% increase in EV page views across its site and apps from fans to lea
Feb 08, 2022 06:30 am ET
Feb 02, 2022 06:00 am ET
Record-Breaking Reviews: 1 Million-Plus Car Shoppers Make the Customer Service Case for DealerRater's Dealer of the Year Awards Recipients
WALTHAM, Mass., Feb. 2, 2022 /PRNewswire/ -- DealerRater, a leading car-dealer review and reputation management platform and company of Cars.com Inc. (NYSE: CARS), today announced that 979 local dealerships will be honored in DealerRater's annual Dealer of the Year Awards (DOTY). Winning dealerships from across the U.S. and Canada are selected based on more than 1.1 million online reviews and ratings submitted by car shoppers across a record 18,600 dealerships in 2021.
Jan 28, 2022 02:36 pm ET
2022 Auto Trends: Preorders Go Mainstream, Consumer Interest in EVs Doubles and Digital Car Buying Accelerates Amid Ongoing Inventory Shortages
CHICAGO, Jan. 28, 2022 /PRNewswire/ -- Work-from-anywhere culture, inventory shortages and expanding technology both in the car-buying process and the cars themselves — these are the forces defining the automotive landscape for 2022 according to Cars.comTM (NYSE: CARS), a leading car-shopping marketplace. Despite a double-digit increase1 in overall prices and a narrowing market value gap between new and used cars, consumers are using what leverage they have to get the car they want, the way they want it.
Dec 22, 2021 06:30 am ET
Holiday Road Trips on the Rise: 20% of Winter Travelers Canceled Flight to Drive Instead
CHICAGO, Dec. 22, 2021 /PRNewswire/ -- The first winter holiday season since the widespread availability of the COVID-19 vaccine still carries the shadow of the virus and its variants, driving 61% of winter travelers to reach for their car keys to get to holiday celebrations, according to a national survey by Cars.comTM (NYSE: CARS), a leading car-shopping marketplace. Some 42% of Americans choose to hit the road by car because they don't want to take other forms of public transportation. Thirty-nine percent will visit a destination more than 100 miles away, and more than half of respondents
Dec 06, 2021 06:00 am ET
Your Best Self, REFUELED: Cars.com's Free REFUEL Event Will Inspire, Invigorate and Activate Attendees' Mental, Physical and Emotional Well-Being for 2022
CHICAGO, Dec. 6, 2021 /PRNewswire/ -- Sponsored by leading car-shopping marketplace Cars.comTM (NYSE: CARS) and hosted by Dealer Inspire (DI), a Cars.com Inc. company, "REFUEL" is a FREE one-day, virtual and in-person event featuring world-class speakers that will teach attendees new ways to grow their professional and personal lives in 2022 and inspire them to take action.
Nov 26, 2021 08:31 am ET
Thinking about buying stock in Vir Biotechnology, BioNTech, Cars.com, Teladoc Health, or Pfizer?
NEW YORK, Nov. 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VIR, BNTX, CARS, TDOC, and PFE.
Nov 24, 2021 05:51 pm ET
Bruker BioSciences Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600
NEW YORK, Nov. 24, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 2:
Nov 15, 2021 06:00 am ET
Cars.com Finds 84% of Travelers Will Drive This Thanksgiving Holiday, Steered by Flight Disruptions, Flexible Work Schedules and Lingering COVID-19 Concerns
CHICAGO, Nov. 15, 2021 /PRNewswire/ -- The era of remote work will allow many Americans to spend more time with family this Thanksgiving weekend. With increased flexibility, 65% of remote or hybrid workers will drive over flying to their destinations this holiday and are staying longer than usual, according to a national survey by Cars.comTM (NYSE: CARS), a leading car shopping marketplace. Overall, 57% of Americans plan to travel during the Thanksgiving holiday, with 84% choosing to drive. In fact, of those planning to drive, 1 in 4 say they originally booked a flight but canceled due to fa
Nov 09, 2021 06:30 am ET
CARS Closes Acquisition of CreditIQ Automotive Fintech Platform, Enabling Instant Financing for Consumers, Dealers And Lenders
CHICAGO, Nov. 9, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, has closed the acquisition of CreditIQ, announced last week. CreditIQ is a cutting-edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying. 
Nov 04, 2021 07:30 am ET
CARS Reports Third Quarter 2021 Results
CHICAGO, Nov. 4, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, today released its financial results for the quarter ended September 30, 2021.
Nov 04, 2021 07:15 am ET
CARS Acquires CreditIQ Automotive Fintech Platform, Enabling Instant Financing For Consumers, Dealers and Lenders
CHICAGO, Nov. 4, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, announces it has signed a definitive agreement to acquire CreditIQ, a cutting edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying. Consideration for the transaction will be $30 million at closing, funded using cash on hand, with the potential for up to an additional $50 million in performance-based cash consideration to be e
Oct 28, 2021 07:30 am ET
CARS to Announce Third Quarter 2021 Financial Results
CHICAGO, Oct. 28, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the third quarter ended September 30, 2021, on Thursday, November 4, 2021. The Company will host a conference call with a live webcast at 9:00 a.m. CT/10:00 a.m. ET on the same day to discuss the results.
Oct 25, 2021 07:00 am ET
Cars.com Hosts Free, Live Virtual Education Session on Electric Vehicles as EV-Curious Population Grows
CHICAGO, Oct. 25, 2021 /PRNewswire/ -- Leading online car-shopping marketplace Cars.com (NYSE: CARS) will help shoppers explore electric vehicle (EV) ownership with Cars.com's Guide for the EV Curious, a free, live virtual event with the company's team of automotive experts on Oct. 28 at noon CDT. Cars.com experts will share information about EV ownership and answer live questions from consumers interested in EVs, which can also be submitted in advance. Registration is required at Live.cars.com.
Sep 27, 2021 07:00 am ET
Making the Grade: Cars.com Releases 2021 Car Seat Fit Report Card, Rating the Best Vehicles on the Market for Car Seat Safety -- Only Four Make the Honor Roll
CHICAGO, Sept. 27, 2021 /PRNewswire/ -- Leading car shopping marketplace Cars.com (NYSE: CARS) today released its 2021 Car Seat Fit Report Card, providing parents and caregivers with essential information on which family vehicles best fit car seats for infants, toddlers and young children. This year, Cars.com compiled Car Seat Check scores for 51 vehicles evaluated over the last year by Cars.com's certified child-passenger safety technicians.2 Cars.com assigned a letter grade to each of the 2021-22 vehicles evaluated. To view the complete list, visit Cars.com/news/car-seat-check.
Sep 02, 2021 08:00 am ET
CARS to Present at Two Virtual Investor Conferences in September
CHICAGO, Sept. 2, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced it would present at the following two virtual conferences in September:
Aug 25, 2021 07:00 am ET
Cars.com Finds Delta Variant Impacts Labor Day Travel Destinations and Flight Plans With More Than 1 in 5 Travelers Canceling Flights in Favor of Driving
CHICAGO, Aug. 25, 2021 /PRNewswire/ -- Even with the delta variant increasing COVID-19 cases across the country, Americans remain determined to get out this upcoming Labor Day 2021 weekend. Sixty percent of Americans plan to travel, up 17% compared to last year at this time, according to a national survey from Cars.comTM (NYSE: CARS), a leading digital automotive marketplace and solutions provider.1 Of those who planned to take to the skies, more than 20% canceled their flights and are driving instead due to rising concerns.2
Aug 19, 2021 07:00 am ET
School Bus Ridership Continues to Lag as 54% of Parents Choose to Drive Kids to School This Year
CHICAGO, Aug. 19, 2021 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, finds that 67% of parents in a recent national survey conducted by Cars.com say they will send their kids to in-person school in the fall, compared to just 39% in 2020. For those returning to the classroom, school buses and public transit continue to take a backseat as many parents opt to transport their children to school by car, citing COVID-19 concerns as the primary decision driver.
Aug 05, 2021 05:38 pm ET
CARS to Present at the 2021 J.P. Morgan Auto Conference
CHICAGO, Aug. 5, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced that Alex Vetter, President and Chief Executive Officer of CARS, will present at the virtual J.P. Morgan Auto Conference on Wednesday, August 11 at approximately 9:30 a.m.ET.
Aug 05, 2021 07:30 am ET
CARS Reports Second Quarter 2021 Results
CHICAGO, Aug. 5, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended June 30, 2021.
Jul 21, 2021 07:30 am ET
CARS to Announce Second Quarter 2021 Financial Results
CHICAGO, July 21, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the second quarter ended June 30, 2021 on Thursday, August 5, 2021. The Company will host a conference call with a live webcast at 9:00 a.m. CT/10:00 a.m. ET on the same day to discuss the results.
Jun 30, 2021 07:00 am ET
Cars.com Reveals the Best Fourth of July Deals for the Most American-Made Vehicles as New Survey Finds 44% of In-Market Shoppers Plan to Buy This Weekend(1)
CHICAGO, June 30, 2021 /PRNewswire/ -- Leading digital automotive marketplace and solutions provider Cars.comTM (NYSE: CARS) found that 44% of in-market car shoppers plan to buy this July Fourth weekend. Of those shoppers, 53% intend to buy a U.S.-based vehicle.1
Jun 28, 2021 07:00 am ET
The New and Improved Cars.com Is Here
CHICAGO, June 28, 2021 /PRNewswire/ -- Cars.comTM (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today announced a transformed online platform and mobile app for its 26 million monthly unique users¹. The new site offers load times up to 87%² faster and real-time inventory updates of over 50,000 cars added to the site daily³ — an especially important feature in today's car-inventory-starved environment. The upgraded Cars.com, built on cloud-based technology, now delivers a more streamlined and dynamic experience for both car shoppers and sellers.
Jun 23, 2021 07:00 am ET
Tesla Model 3 Snags No. 1 Spot on Cars.com's 2021 American-Made Index®; First All-Electric Vehicle to Top the List in Its 16-Year History
CHICAGO, June 23, 2021 /PRNewswire/ -- Leading digital automotive marketplace and solutions provider Cars.comTM (NYSE: CARS) today released its 2021 American-Made Index (AMI), an independent, annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. The No. 1 most American-made vehicle for 2021 is the Tesla Model 3. This is the first time Tesla has topped the list, and also the first time an all-electric vehicle has come in at No. 1. To view the complete list, visit www.cars.co
Jun 10, 2021 07:00 am ET
Inventory Shortages Drive Car Shoppers to Neighboring States: Cars.com Reports 10% of Recent Buyers Traveled Across State Lines to Purchase a Car
CHICAGO, June 10, 2021 /PRNewswire/ -- According to recent research from leading digital automotive marketplace and solutions provider Cars.comTM (NYSE: CARS), nearly 10% of recent car buyers drove out of state to purchase their desired vehicle, with more than half (52%) of those traveling 25 miles, nearly 20% traveling 50 miles and 13% of buyers traveling more than 250 miles to a dealership due to ongoing new- and used-car inventory shortages.1
Feb 25, 2021 06:00 am ET
CARS Reports Fourth Quarter and Full Year 2020 Results
CHICAGO, Feb. 25, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the fourth quarter and year ended December 31, 2020.
Feb 18, 2021 08:00 am ET
Cars.com's Best Value of 2021 Award Winner, the Hyundai Venue, Gives Car Shoppers Performance and Tech Under $20,000
CHICAGO, Feb. 18, 2021 /PRNewswire/ -- Leading automotive digital marketplace and solutions provider Cars.com (NYSE: CARS) names the 2021 Hyundai Venue its inaugural Best Value of 2021 winner, an all-new award category in the company's annual Best Of awards program. The new award helps consumers find a value vehicle without sacrificing quality and performance. The Venue's overall affordability, combined with its fuel efficiency and variety of safety and technology features, cemented it as Cars.com's Best Value of 2021 award winner for car shoppers.
Feb 11, 2021 06:43 am ET
CARS to Announce Fourth Quarter and Full Year 2020 Financial Results
CHICAGO, Feb. 11, 2021 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2020 on Thursday, February 25, 2021. The Company will host a conference call with a live webcast at 9:00 a.m. CT/10:00 a.m. ET on the same day to discuss the results.
Feb 09, 2021 09:48 am ET
Cars.com Delivers Three Times More Dealer Website Referrals Compared to Nearest Auto Marketplace Competitors
CHICAGO, Feb. 9, 2021 /PRNewswire/ -- As the 2021 Virtual National Automobile Dealers Association Show kicks off this week on Feb 9-11, Cars.com (NYSE: CARS), a leading digital marketplace and solutions provider for the automotive industry, announced today that it sends three times more ready-to-buy car shoppers to dealership websites compared to its nearest marketplace competitors.1 Internal data further indicates that, driven by its 76% organic audience2, Cars.com shoppers who transition from its marketplace to a dealer's website purchase cars at twice the rate of those who solely visit a
Feb 08, 2021 09:09 am ET
Touchdown: Cadillac Wins the Big Game on Cars.com with a 194% Spike in Traffic From Car-Shopping Football Fans
CHICAGO, Feb. 8, 2021 /PRNewswire/ -- Besides Tampa Bay, this year's big winner was Cadillac with its Edward-Scissorhands-inspired commercial that led to a 194% traffic bump to its respective branded pages on Cars.com™ (NYSE: CARS), a leading digital automotive marketplace and solutions provider.1 GM also saw triple-digit traffic increases to its EV pages on the marketplace while Jeep came in third place at a whopping 93% lift from car-shopping football fans. Overall, auto brands' Big Game commercials drove a 38% average increase in Cars.com site pageviews as football fans multitasked during
Feb 08, 2021 07:30 am ET
One Year Post-Launch, Industry Innovator FUEL™ Sets Benchmark for Digital Video Success in Auto
CHICAGO, Feb. 8, 2021 /PRNewswire/ -- FUEL, a Cars.com Inc. company (NYSE: CARS) and a leading automotive digital video provider, announced today impressive success rates from first-year operations. Launched at the 2020 National Automobile Dealers Association Conference , FUEL again exhibits this year at the 2021 virtual NADA Conference as the market vanguard. It delivers a click-through rate for dealers that's two times the average industry benchmarks, confirming the value in superior pure shopper data and its premium engagement capabilities.1
Feb 04, 2021 06:30 am ET
DOWNLOAD TODAY: Dealer Inspire® Launches Free Competitive Digital Marketing Playbook, Urges Automotive Dealers Nationwide to Play Aggressive Offense
NAPERVILLE, Ill., Feb. 4, 2021 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital advertising solutions to the automotive industry, urges local car dealerships across the U.S. and Canada to secure a complimentary copy of the DI Play Offense Playbook, released just ahead of the National Automobile Dealership Association's virtual conference and expo Feb. 9-11. This comprehensive modern marketing resource for local auto dealers is a step-by-step, all-tools-and-batteries-included battle plan to help dealers better compete in
Jan 26, 2021 12:00 pm ET
2021 DealerRater Dealer of the Year Awards Honor Local Dealerships' Commitment to Outstanding Customer Experience in a Rapidly Changing Industry
WALTHAM, Mass., Jan. 26, 2021 /PRNewswire/ -- DealerRater, a leading car dealer review and reputation management platform and company of Cars.com Inc. (NYSE: CARS), today announced the winners of its annual Dealer of the Year Awards (DOTY). Award winners are recognized for their outstanding dealership experiences according to the more than one million reviews posted by car shoppers on DealerRater in 2020. See the full list of winners U.S. and Canada.
Jan 14, 2021 05:30 am ET
The Future of Car Buying in New Virtual-First World: Cars.com Reveals 5 Dominating Forces Driving Auto in 2021
CHICAGO, Jan. 14, 2021 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today revealed the top five trends advancing the auto space in 2021 and beyond. The COVID-19 pandemic forever altered car buying and selling, and changes will persist this year as Americans continue to spend more time at home and online, place a premium on the freedom car ownership provides, and keep affordability and electric vehicles top of mind.
Dec 22, 2020 06:30 am ET
End-of-Year Car Deals With Up to 19% Savings Motivates Shoppers to Buy
CHICAGO, Dec. 22, 2020 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today announced the top end-of-year car deals. As Americans continue to prioritize car ownership as a safe mode of transportation during the COVID-19 pandemic, motivated buyers can find end-of-year deals with up to 19% off select new vehicles. Recent data reveals 85% of Cars.com shoppers plan to purchase a car in the next six months, with 51% planning to buy in the next month.1
Dec 21, 2020 06:30 am ET
Americans Still Traveling but Staying Closer to Home for the Holidays as 66% of Travelers Opt to Drive to Their Destination
CHICAGO, Dec. 21, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, reports nearly half of Americans (46%) plan to travel for December holidays.1 COVID-19 is increasingly impacting travel decisions and prompting the majority of travelers (66%) to use their personal vehicles as opposed to flying or taking mass transit.2 As virus cases continue to rise across the country, the number of Americans planning to travel for the New Year's holiday is shrinking.
Nov 20, 2020 06:30 am ET
Black Friday Delivers Strong Car-Shopper Demand With Potential Savings of Up to 20% on New Cars
CHICAGO, Nov. 20, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shows Americans continue to prioritize car ownership as a safe mode of transportation during the COVID-19 pandemic as they gear up to take advantage of Black Friday offers. The new study from Cars.com reveals that 83% of Cars.com shoppers plan to purchase a vehicle in the next six months, with 35% planning to buy between Black Friday and Cyber Monday.1
Nov 17, 2020 12:26 pm ET
FordDirect Selects Dealer Inspire® as a Preferred Digital Advertising Provider
NAPERVILLE, Ill., Nov. 17, 2020 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital advertising solutions to the automotive industry, announced today a new OEM partnership agreement with FordDirect. The partnership marks DI's 30th certified OEM program to date.
Nov 12, 2020 06:30 am ET
Nearly Half of Americans Plan to Travel for Thanksgiving, 72% by Car
CHICAGO, Nov. 12, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, found nearly half of Americans (47%) plan to travel for Thanksgiving this year, which is down 21 percentage points from 2019. Of those not traveling, more than half (59%) said COVID-19 impacted their plans. The majority of Thanksgiving travelers (72%) will travel by car to their destination, with most trips happening close to home.1
Nov 09, 2020 06:30 am ET
CARS Reports Third Quarter 2020 Results
CHICAGO, Nov. 9, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2020.
Oct 30, 2020 02:17 pm ET
CARS Closes Senior Note Offering
CHICAGO, Oct. 30, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it has successfully closed its previously announced offering of $400 million aggregate principal amount of 6.375% senior unsecured notes due 2028 (the "Notes"). CARS used the net proceeds of the offering, together with cash on hand, to repay $235 million of borrowings under its revolving facility, repay $163 million of borrowings under its term loan and pay fees associated with the transactions.
Oct 29, 2020 07:30 am ET
CARS to Announce Third Quarter 2020 Financial Results
CHICAGO, Oct. 29, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the third quarter ended on September 30, 2020 on Monday, November 9, 2020. The Company will host a conference call with a live webcast at 9:00 a.m. CT/10:00 a.m. ET on the same day to discuss the results.
Oct 28, 2020 07:30 am ET
CARS Announces Pricing of Senior Notes Offering
CHICAGO, Oct. 28, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it has successfully priced its offering of $400 million aggregate principal amount of 6.375% senior unsecured notes due 2028 (the "Notes"). The Notes will bear interest at a fixed rate of 6.375% per year, payable semi-annually, and will mature on November 1, 2028. The offering is expected to close on October 30, 2020, subject to customary closing conditions. CARS intends to use the net proceeds of t
Oct 26, 2020 08:32 am ET
CARS Announces Proposed Offering of $400 Million of Senior Notes Due 2028
CHICAGO, Oct. 26, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, announced today that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of senior unsecured notes due 2028 (the "Notes"). The Notes will be fully and unconditionally guaranteed by each of the Company's subsidiaries that guarantee the Company's obligations under its credit facility. The Company intends to use the net proceeds of the offering, together with cash on
Oct 15, 2020 09:31 am ET
Thinking about buying stock in Cars.com, Sunworks, Lineage Cell Therapeutics, American Airlines, or Royal Caribbean Cruises?
NEW YORK, Oct. 15, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CARS, SUNW, LCTX, AAL, and RCL.
Oct 14, 2020 06:18 pm ET
CARS Announces Strong Preliminary Third-Quarter 2020 Results
CHICAGO, Oct. 14, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS"), a leading digital marketplace and solutions provider for the automotive industry, announced strong business momentum in its preliminary results for the third quarter of 2020.
Jul 30, 2020 07:30 am ET
CARS Reports Second Quarter 2020 Results
CHICAGO, July 30, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com," "CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended June 30, 2020.
Jul 27, 2020 07:00 am ET
Cars.com: Pandemic Spurs New Ways to Buy and Sell Cars Digitally
CHICAGO, July 27, 2020 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shares its latest data identifying six trends for the second half of 2020. The pandemic has served as an accelerant for automotive, igniting the rapid digital transformation of the industry. Cars.com believes the digital shift will advance the industry and change car buying and selling for the better. 
Jul 21, 2020 08:05 am ET
CARS to Announce Second Quarter 2020 Financial Results
CHICAGO, July 21, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the second quarter ended on June 30, 2020 on Thursday, July 30, 2020. The Company will host a conference call with a live webcast at 9:00 a.m. CT/10:00 a.m. ET on the same day to discuss the results.
Jun 29, 2020 11:38 am ET
Cars.com Shares the Best Fourth of July Deals on American-Made Cars as Survey Reveals 44% of Shoppers Plan to Buy This Weekend
CHICAGO, June 29, 2020 /PRNewswire/ -- Recent research by Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, found 44% of in-market car shoppers plan to buy a car this Fourth of July weekend.1 Of those ready to buy, top reasons include wanting something new/newer (52%) and the deals are too good to pass up (42%).1 A continued trend due to COVID-19 concerns, approximately 20% of Americans are buying because they no longer want to take public transit or ride-sharing services.1
Jun 23, 2020 05:00 am ET
Cars.com Releases Expanded 2020 American-Made Index®: Ford Ranger Takes Top Ranking, While Tesla and Honda Each Earn Three Spots in the Top 10
CHICAGO, June 23, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today released its 2020 American-Made Index (AMI). Now in its 15th year, the AMI is an independent annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. The No. 1 most American-made vehicle for 2020 is the Ford Ranger. To view the complete list, visit www.cars.com/ami.
Jun 18, 2020 07:30 am ET
CARS Appoints Sonia Jain as Chief Financial Officer
CHICAGO, June 18, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company") today announced it has concluded its search for chief financial officer and has appointed Sonia Jain to the role effective July 6, 2020.
Jun 16, 2020 07:30 am ET
CARS Announces Amendment to its Credit Agreement Including Waiver of Net Leverage and Interest Coverage Covenants Through 2020
CHICAGO, June 16, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company") today announced an amendment to its existing credit facility providing the Company with increased covenant flexibility through the end of the facility in May 2022.
Jun 15, 2020 08:26 am ET
Cars.com Reveals the 5 Best Cars to Take to the Drive-In This Summer
CHICAGO, June 15, 2020 /PRNewswire/ -- Digital automotive marketplace and solutions provider Cars.com (NYSE: CARS) released new research today revealing that 42% of in-market car shoppers plan to visit a drive-in movie theater this summer1. With in-home entertainment losing its luster as summer kicks into full gear and social distancing guidelines still in place, Americans are looking for new, or old, ways to safely get out of the house. And many have turned to their cars for a quick escape and safe entertainment.
Jun 11, 2020 09:24 am ET
Honda Selects Dealer Inspire® as a Preferred Website and Technology Platform Provider for its Nearly 1,000 US Dealerships
NAPERVILLE, Ill., June 11, 2020 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com Inc. (NYSE: CARS) company that provides disruptive technology and digital marketing solutions to the automotive industry, announced today a new OEM agreement with American Honda Motor Co. DI has been selected as a website and technology platform provider for Honda's 997 U.S.-based dealerships. The company is already an approved digital advertising provider for Honda and works with approximately 220 Honda dealers across the country.
May 20, 2020 06:34 pm ET
Cars.com Reports the Top 10 Memorial Day Car Deals for Americans Ready to Buy This Weekend
CHICAGO, May 20, 2020 /PRNewswire/ -- According to recent research by Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, 33% of in-market car shoppers are ready to take advantage of the deep discounts being offered by automakers and dealerships nationwide this weekend.¹
May 20, 2020 06:00 am ET
Cars.com Research Finds 1 in 3 Shoppers Plan to Buy this Memorial Day Weekend, and 75% of Those Traveling Plan to take Road Trips
CHICAGO, May 20, 2020 /PRNewswire/ -- Digital automotive marketplace and solutions provider Cars.com (NYSE: CARS) today revealed its latest research that found while 64% of Americans will not travel this Memorial Day weekend due to COVID-19, 36% still plan to take a trip. Of those planning to travel, 75% will do so by car, taking a short road trip closer to home, likely to abide by local safety guidelines. Cars.com's research also found virus concerns, along with deep discounts on cars, are motivating 33% of in-market Americans to buy a car this holiday weekend — sooner than originall
May 07, 2020 09:31 am ET
Thinking about trading stocks or options in DexCom, Fastly, Teva Pharmaceutical, Cars.com, or General Electric?
NEW YORK, May 7, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DXCM, FSLY, TEVA, CARS, and GE.
May 06, 2020 07:30 am ET
CARS Reports First Quarter 2020 Results
CHICAGO, May 6, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended March 31, 2020. The Company will report first-quarter operational and financial results and provide context around the impact of the restrictions imposed as a result of the COVID-19 pandemic.
Apr 23, 2020 04:35 pm ET
Cars Announces Format Change to Its 2020 Annual Meeting of Stockholders
CHICAGO, April 23, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that due to the ongoing public health impact of the coronavirus pandemic and to support the health and well-being of stockholders, employees, directors, and communities, the CARS 2020 Annual Meeting of Stockholders (the "Annual Meeting") will be held in a virtual meeting format only, via live audio webcast at its previously announced date and time of  May 14, 2020 at 9:00 a.m. Central time. Stockholders
Apr 23, 2020 08:30 am ET
CARS to Announce First Quarter 2020 Financial Results
CHICAGO, April 23, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the first quarter ended on March 31, 2020 on Wednesday, May 6, 2020. The Company will host a conference call with a live webcast at 9:00 a.m. CDT/10:00 a.m. EDT on the same day to discuss the results.
Apr 20, 2020 05:00 am ET
Americans Revive the Sunday Drive and Use Their Cars as Much-Needed Escape During the COVID-19 Pandemic, According to New Research by Cars.com
CHICAGO, April 20, 2020 /PRNewswire/ -- Amid stay-at-home orders nationwide, Cars.com™ (NYSE: CARS) announced today new insights from its research to understand the ways American drivers are using their cars. Just about everyone has encountered new challenges, and research reinforces that our cars represent safety, freedom, and even escape.
Mar 30, 2020 08:44 am ET
Cars.com Tracks Impact of COVID-19 on U.S. Auto Industry: Car Buyers Are Embracing More Online Shopping Activities and Increasingly Putting the Brakes on Ride Sharing, Dealers Are Willing to Meet Car
CHICAGO, March 30, 2020 /PRNewswire/ -- Leading automotive digital solutions provider CARS Inc. (NYSE: CARS) announced today new insights from its research to determine the impact of COVID-19 on the U.S. automotive industry. The company found that while many dealerships are experiencing historically low foot traffic and many have closed showrooms completely, tens of millions of people are still actively engaged in car purchases online. Data demonstrates that nearly 80 percent of Cars.com's visitors are searching and viewing inventory with high intent to purchase1. However, these car shoppers
Mar 23, 2020 07:16 pm ET
CARS Provides Financial Relief and Expands Digital Solutions to Support Dealer Customer Needs During COVID-19
CHICAGO, March 23, 2020 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS"), a leading digital marketplace and solutions provider for the automotive industry, announced today its response in support of dealers during the COVID-19 pandemic.
Nov 06, 2019 06:32 am ET
CARS Names Proven Automotive and Marketing Innovator Dean Evans as Executive Vice President
CHICAGO, Nov. 6, 2019 /PRNewswire/ -- Today, CARS (NYSE: CARS) President and Chief Executive Officer Alex Vetter announced that Dean Evans, an accomplished auto industry innovator, has joined Cars.com as Executive Vice President. Evans will help develop and bring cutting edge marketing solutions to dealers and automakers to increase sales through integrated and innovative strategies.
Nov 06, 2019 06:30 am ET
Cars.com Reports Third Quarter 2019 Results
CHICAGO, Nov. 6, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended September 30, 2019.
Oct 23, 2019 05:30 am ET
Cars.com to Announce Third Quarter 2019 Financial Results
CHICAGO, Oct. 23, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the third quarter ended on September 30, 2019 on Wednesday, November 6, 2019. The Company will host a conference call with a live webcast at 9:00 a.m. CST/10:00 a.m. EST on the same day to discuss the results.
Oct 21, 2019 05:05 am ET
Cars.com Aids Parents of Teen Drivers with the Best New Cars and Worry-Free Tech Features to Promote Safe Driving
CHICAGO, Oct. 21, 2019 /PRNewswire/ -- The leading cause of death for teens 15–18 years old in the U.S. is motor vehicle crashes1. With today's advanced technology, parents now have more access to safety features that help combat the most common dangers for teen drivers, which include not wearing seat belts, distracted driving and speeding. The experts at Cars.comTM (NYSE: CARS) assembled recommendations for the best vehicle technology and top cars for new teen drivers for National Teen Driver Safety Week, Oct. 20-26. 
Oct 14, 2019 09:00 am ET
Cars.com Appoints New Vice President and General Manager Julie Scott to Drive OEM Partnerships and National Business Growth
CHICAGO, Oct. 14, 2019 /PRNewswire/ -- Julie Scott, a digital marketing leader, has joined the leading digital marketplace and solutions provider for the automotive industry, Cars.com™ (NYSE: CARS), as the company's new vice president and general manager of national sales. Scott brings more than 20 years of experience to this role, having proven herself a creative revenue generator and agenda-setting strategic leader. Scott will drive growth in Cars.com's national sales channel, focusing on business-driving advertising solutions for OEMs, regional dealership groups and brands looking to tap
Oct 07, 2019 07:30 am ET
Cars.com Amends Credit Agreement to Increase Flexibility and Further Strengthen Liquidity Position
CHICAGO, Oct. 7, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), today announced the completion of an amendment to its existing credit facility, which resets the total net leverage covenant during the remaining term of the credit agreement while preserving the favorable pricing structure from the original agreement.
Sep 23, 2019 11:05 am ET
2019 Honda Ridgeline Wins Cars.com's First Mid-Size Pickup Truck Challenge
CHICAGO, Sept. 23, 2019 /PRNewswire/ -- The results of Cars.com's (NYSE: CARS) 2019 Mid-Size Pickup Truck Challenge are in, and the 2019 Honda Ridgeline won top honors. With more Americans growing intrigued by mid-size trucks as an alternative to sedans and SUVs for personal use, Cars.com decided for the first time to publish a pickup truck challenge on its primary site rather than sister site PickupTrucks.com.
Sep 16, 2019 07:30 am ET
Cars.com Hits Record-Setting Traffic Growth with 50M Visits in August; Consumer Intent-to-Buy Signals Improving, Giving Auto Dealers An Unparalleled Stream of Qualified Car Shoppers
CHICAGO, Sept. 16, 2019 /PRNewswire/ -- Leading digital marketplace and solutions provider for the automotive industry Cars.com™ (NYSE: CARS) announced record traffic across its network as it continues to take audience share within the market. The company's strategic investment in marketing and technology is driving unprecedented audience growth—more than 50.3 million car shopper visits in August 2019, a 26.8 percent increase versus the same time last year and the highest ever for the business.¹ This growth, paired with innovative solutions helps Cars.com dealer partners level up their marke
Sep 13, 2019 12:00 pm ET
Dealer Inspire Selected by General Motors to Provide Leading-Edge Website Services to its 4,000+ U.S. Dealerships
NAPERVILLE, Ill., Sept. 13, 2019 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com (NYSE: CARS) company that provides disruptive technology and digital marketing solutions to the automotive industry, announced today a new OEM agreement with General Motors (GM). The company has been selected as a website provider for GM's more than 4,000 U.S.-based Chevrolet, Buick, GMC, and Cadillac dealerships.
Sep 06, 2019 06:00 pm ET
S&P Dow Jones Indices Announces Nine Companies Set to Join S&P MidCap 400; Ten Companies to Join S&P SmallCap 600
NEW YORK, Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its market capitalization range. The changes will be effective prior to the open of trading on Monday, September 23 to coincide with the September rebalance.
Aug 29, 2019 11:05 am ET
Americans Put Their Cars First: Two-Thirds Service Their Vehicle More Often Than They Go to the Dentist, Cars.com Survey Reveals
CHICAGO, Aug. 29, 2019 /PRNewswire/ -- While the temperatures may be starting to cool down, things are just starting to heat up between Americans and their cars as the majority admit to having strong feelings of love toward their personal vehicles, according to a new Cars.com (NYSE: CARS) national survey. The survey uncovered that nearly three-quarters of Americans (73 percent) love their car a lot, and more than two-thirds (69 percent) have a significant amount of pride in their vehicle.
Aug 26, 2019 02:15 pm ET
Cars.com's 2019 Mid-Size SUV Challenge Crowns the 2019 Hyundai Santa Fe Ultimate as Winner
CHICAGO, Aug. 26, 2019 /PRNewswire/ -- The results of Cars.com's (NYSE: CARS) 2019 Mid-Size SUV Challenge are in, and the 2019 Hyundai Santa Fe Ultimate 2.0T AWD won top honors, beating out five hot contenders. The 2019 Hyundai Santa Fe received the highest score based on 17 separate categories including front- and backseat comfort and amenities, ride quality, handling, braking and value. More modern features were considered as well, such as touchscreens, media and connectivity, which address audio and smartphone mirroring like Apple CarPlay and Android Auto.
Aug 05, 2019 07:35 am ET
Cars.com Reports Second Quarter 2019 Results
CHICAGO, Aug. 5, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended June 30, 2019.
Aug 05, 2019 07:30 am ET
Cars.com Board of Directors Concludes Strategic Review Process, Focuses on Strategic Plan and Go-Forward Strategy to Drive Long-Term Value Creation
CHICAGO, Aug. 5, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading digital marketplace and solutions provider for the automotive industry, today announced that its Board of Directors has concluded the strategic review process first announced on January 16, 2019 with no actionable bids for the Company and will focus on executing its strategic plan as an independent public company.
Jul 29, 2019 08:00 am ET
Cars.com to Announce Second Quarter 2019 Financial Results
CHICAGO, July 29, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital marketplace and solutions provider for the automotive industry, today announced that it expects to report its financial results for the second quarter ended June 30, 2019 on Monday, August 5, 2019. The Company will host a conference call with a live webcast at 9:00 a.m. CDT/10:00 a.m. EDT on the same day to discuss the results.
May 10, 2019 07:30 am ET
Cars.com Reports First Quarter 2019 Results
CHICAGO, May 10, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today released its financial results for the quarter ended March 31, 2019.
May 06, 2019 07:30 am ET
Cars.com Extends Deadline for Nomination of Directors for the 2019 Annual Meeting of Stockholders and Announces Reporting Date for First Quarter 2019 Financial Results
CHICAGO, May 6, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today announced that the Board of Directors of the Company has determined to further extend until 5:00 p.m. Central Time on June 5, 2019, the deadline for the proper written notice of the nomination of director candidates to the Company for its 2019 annual meeting of stockholders. Notice of the extension will also be set forth in a Form 8-K to be filed by the Company today. The date and location of the 2019 annual meeting of stockholders of the Company have
Apr 23, 2019 08:05 am ET
Cars.com Partners with Tragedy Assistance Program for Survivors (TAPS) for Memorial Day Weekend Campaign
CHICAGO, April 23, 2019 /PRNewswire/ -- Leading digital automotive marketplace Cars.com (NYSE: CARS) today announced a partnership that will help drive awareness of the Tragedy Assistance Program for Survivors (TAPS), an organization that helps families grieving a military loss.
Apr 18, 2019 03:32 pm ET
Cars.com Study Suggests EV Owners Lack Brand Loyalty, Aside from Tesla's Cult-Like Following
CHICAGO, April 18, 2019 /PRNewswire/ -- While the rise of electrification continues, plug-in vehicles still cause serious concerns among American car shoppers. Leading digital automotive marketplace Cars.com (NYSE: CARS) recently surveyed consumers to uncover what aspects of electric vehicles (EVs) are sparking the most hesitation.
Apr 17, 2019 07:45 am ET
Cars.com Extends Deadline for Nomination of Directors for the 2019 Annual Meeting of Stockholders
CHICAGO, April 17, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading digital automotive marketplace, today announced that the Board of Directors of the Company has determined to further extend until 5:00 p.m. Central Time on May 15, 2019, the deadline for the proper written notice of the nomination of director candidates to the Company for its 2019 annual meeting of stockholders. Notice of the extension will also be set forth in a Form 8-K to be filed by the Company today. The date and location of the 2019 annual meeting of stockholders of the Company have yet to be established. The
Apr 08, 2019 09:31 am ET
Option-trading opportunities on The Boeing Co., Bank of America Corp., Cars.com Inc., Centene Corp., and General Electric Co.
NEW YORK, April 8, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BA, BAC, CARS, CNC, and GE.
Mar 27, 2019 11:05 am ET
2019 Volkswagen Tiguan Named Cars.com "Best Compact SUV of 2019"
CHICAGO, March 27, 2019 /PRNewswire/ -- The results of Cars.com's (NYSE: CARS) 2019 Compact SUV Challenge are in, and the 2019 Volkswagen Tiguan was named "Best Compact SUV of 2019" for the second time in a row. The 2019 Tiguan competed against six strong contenders for the top rank in the Cars.com Compact SUV Challenge and won over judges with its comprehensive package of exceptional driving dynamics, a comfortable and quiet interior, and a sophisticated multimedia system.
Mar 25, 2019 08:02 am ET
Cars.com Extends Deadline for Nomination of Directors for the 2019 Annual Meeting of Stockholders
CHICAGO, March 25, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading digital automotive marketplace, today announced that the Board of Directors of the Company has determined to extend until 5:00 p.m. Central Time on April 22, 2019, the deadline for the proper written notice of the nomination of director candidates to the Company for its 2019 annual meeting of stockholders. Notice of the extension will also be set forth in a Form 8-K to be filed by the Company today. The date and location of the 2019 annual meeting of stockholders of the Company have yet to be established. The exten
Mar 05, 2019 08:10 am ET
Analysis: Positioning to Benefit within The Goodyear Tire & Rubber, Cars, Tutor Perini, CVS Health, VMware, and Horizon Pharma Public — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of The Goodyear Tire & Rubber Company (NASDAQ:GT), Cars.com Inc. (NYSE:CARS),...
Feb 28, 2019 06:30 am ET
Cars.com Reports Fourth Quarter and Full Year 2018 Results
CHICAGO, Feb. 28, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today released its financial results for the fourth quarter and full year ended December 31, 2018.
Feb 14, 2019 07:00 am ET
Cars.com to Announce Fourth Quarter and Full Year 2018 Financial Results
CHICAGO, Feb. 14, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2018 on Thursday, February 28, 2019. The Company will host a conference call with a live webcast at 7:30 a.m. CST/8:30 a.m. EST on the same day to discuss the results.
Feb 06, 2019 10:21 am ET
Cars.com Names the Best Five Cars of 2019
CHICAGO, Feb. 6, 2019 /PRNewswire/ -- Leading automotive digital marketplace Cars.com (NYSE: CARS) has announced the winners of its 10th annual Best of Awards. The highly sought-after awards by both automakers and car shoppers include Best of 2019, Best Pickup Truck of 2019, Most Fun-to-Drive Car of the Year, Family Car of the Year and Luxury Car of the Year. The highest honor, Best of 2019, went to the Genesis G70.
Feb 04, 2019 08:36 am ET
Auto Commercials During The Big Game Send Car Shoppers Flocking To Cars.com In Search Of Their Own MVP
CHICAGO, Feb. 4, 2019 /PRNewswire/ -- The Big Game was not only a fierce competition between the top two professional football teams, it was also a battleground for the five automakers that ran a combined six commercials during the game on Sunday, tallying six minutes and 30 seconds in total airtime. Leading automotive digital marketplace Cars.com™ (NYSE: CARS) analyzed site traffic throughout the evening to determine which auto ads generated the greatest amount of online car-shopping activity during game time. The results show a 384 percent combined lift in traffic to the automakers' brand
Jan 29, 2019 07:55 am ET
New Research: Key Drivers of Growth for Tiffany, CarMax, Cars, RPC, Cleveland-Cliffs, and Catabasis Pharmaceuticals — Factors of Influence, Major Initiatives and Sustained Production
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Tiffany & Co. (NYSE:TIF), CarMax, Inc. (NYSE:KMX), Cars.com Inc....
Jan 25, 2019 02:00 pm ET
Cars.com Receives "Top Rated" DrivingSales Dealer Satisfaction Awards
CHICAGO, Jan. 25, 2019 /PRNewswire/ -- Leading automotive digital solutions provider Cars.com™ (NYSE: CARS) received a "Top Rated" Award in the ninth annual DrivingSales Dealer Satisfaction Awards. The company earned a top dealer satisfaction ranking in the "New Car Leads" category, as determined by the thousands of auto dealers who are part of the DrivingSales.com community. The award will be presented at a special event today in conjunction with the 2019 National Automobile Dealers Association (NADA) Convention & Expo.
Jan 24, 2019 10:05 am ET
Digital Retailing is Going Electric: Dealer Inspire Debuts the Latest Solutions for Automotive Dealers
NAPERVILLE, Ill., Jan. 24, 2019 /PRNewswire/ -- Dealer Inspire (DI), a Cars.com (NYSE: CARS) company that provides disruptive technology and digital marketing solutions to the automotive industry, today announced a new omnichannel digital retailing product debuting at the 2019 National Automobile Dealers Association Show (NADA) January 25-27 in San Francisco. The leading automotive technology and digital marketing provider is launching the newest version of Online Shopper™ called Online Shopper: Electric to modernize the entire dealership experience by connecting digital retailing to the sho
Jan 23, 2019 01:41 pm ET
Cars.com Introduces Only Automatic Solution to Auto-Populate Options and Features Data for All Dealer Listings
CHICAGO, Jan. 23, 2019 /PRNewswire/ -- Car dealerships nationwide spend more than 30 hours per 100 vehicles manually filling out options and features details for the inventory on their lot.¹ Dealers unable to dedicate that painstaking time are left with lost sales and profit due to incomplete and inaccurate listings that showcase undervalued vehicles to consumers. As a result, shoppers eliminate these vehicles from their consideration set or miss them completely because they are not coming up in would-be relevant searches. Now, dealers can instantly, accurately, and completely populate these
Jan 23, 2019 10:57 am ET
New Cars.com Digital Retailing Tools Give Dealers Deep Car Shopper Insights & More Qualified Leads; Buyers Can Arrive at The Dealership Ready to Sign
CHICAGO, Jan. 23, 2019 /PRNewswire/ -- Leading automotive digital solutions provider Cars.com™ (NYSE: CARS) announced today the launch of a suite of digital retailing tools that gets car shoppers one step away from purchase, so they can show up at a dealership and sign on the dotted line with speed and efficiency. Why should dealers care? The new tools can generate higher quality and quantity leads from Cars.com, more qualified leads from dealer websites and a more robust funnel of ready-to-buy consumers (up to 4 times more) from social media.1 In addition, these car buyers are more likely t
Jan 16, 2019 04:02 pm ET
Cars.com Announces Review of Strategic Alternatives to Enhance Shareholder Value
CHICAGO, Jan. 16, 2019 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading online automotive marketplace, today announced that it has been conducting a process to explore strategic alternatives to enhance shareholder value. The Board authorized management and its external advisors to initiate such a process at its September 28 meeting, and it has since been considering a broad range of strategic alternatives including a potential sale of the Company.
Jan 15, 2019 06:00 am ET
Cars.com Traffic at an All-Time High, Signaling a Strong Start to the Year for American Auto Buying Interest
CHICAGO, Jan. 15, 2019 /PRNewswire/ -- Leading digital solutions automotive marketplace Cars.com™ (NYSE: CARS) announced today twelve consecutive months of traffic gains, up 11 percent year-over-year in 2018, and a record-breaking month for the company, with a 21 percent year-over-year increase in December traffic. The company also noted a year-over-year increase of 8 percent in visits to its mobile app in Dec. 2018, the No. 1 downloaded app in its category.
Dec 10, 2018 07:42 pm ET
Cars.com Issues Statement
CHICAGO, Dec. 10, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today issued the following statement in response to a press release issued by Starboard Value LP ("Starboard"):
Dec 10, 2018 03:47 pm ET
Starboard Delivers Letter to Cars.com Board of Directors
NEW YORK, Dec. 10, 2018 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Cars.com Inc. (NYSE: CARS) ("CARS" or, the "Company") today announced that it has delivered a letter to Scott Forbes, Chairman of the Company's Board of Directors (the "Board"), and to CEO Alex Vetter, with copies to the Board.
Nov 07, 2018 06:30 am ET
Cars.com Reports Third Quarter 2018 Results
CHICAGO, Nov. 7, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today released its financial results for the quarter ended September 30, 2018.
Oct 24, 2018 04:10 pm ET
Cars.com to Announce Third Quarter 2018 Financial Results
CHICAGO, Oct. 24, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today announced that it expects to report its financial results for the third quarter ended September 30, 2018 on Wednesday, November 7, 2018. The Company will host a conference call with a live webcast at 7:30 a.m. CST/8:30 a.m. EST on the same day to discuss the results.
Oct 17, 2018 08:55 am ET
New Research: Key Drivers of Growth for IDT, Live Nation Entertainment, BioDelivery Sciences International, Spero Therapeutics, Aimmune Therapeutics, and Cars — Factors of Influence, Major Initiatives
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of IDT Corporation (NYSE:IDT), Live Nation Entertainment, Inc. (NYSE:LYV),...
Oct 17, 2018 07:03 am ET
Dealer Inspire Expands in Canada Offering New Digital Marketing Options for Automotive Dealers
Leading automotive technology and digital marketing provider establishes official presence in Canada to expand operations and deliver innovative solutions, local strategy and support to all provinces and territories.
Oct 17, 2018 07:03 am ET
Dealer Inspire Expands in Canada Offering New Digital Marketing Options for Automotive Dealers
Leading automotive technology and digital marketing provider establishes official presence in Canada to expand operations and deliver innovative solutions, local strategy and support to all provinces and territories.
Oct 08, 2018 11:04 am ET
Cars.com Announces Subaru Crosstrek as 2018 Best Subcompact SUV Once Again
CHICAGO, Oct. 8, 2018 /PRNewswire/ -- The results of Cars.com's (NYSE: CARS) 2018 Subcompact SUV Challenge are in, and the 2018 Subaru Crosstrek 2.0i Premium AWD beat out its competitors in the class once again. This is the second time Cars.com has tested subcompact SUVs in a knock-down, drag-out battle of the best. The 2018 Ford EcoSport, 2018 Hyundai Kona and 2018 Nissan Rogue Sport vied against a newly redesigned version of the 2015 champ, the Subaru Crosstrek.
Sep 24, 2018 05:00 am ET
Cars.com's 2018 Car Seat Check Honor Roll Reveals Only 9 Percent of Vehicles Tested Earned a Perfect Score in Car Seat Safety Check
CHICAGO, Sept. 24, 2018 /PRNewswire/ -- Ninety-five percent of new parents install car seats incorrectly¹, but finding the perfect car that fits each car seat best is half the battle. Just in time for National Child Passenger Safety Week (Sept. 23-29), Cars.com (NYSE: CARS) today released its annual Car Seat Check Honor Roll, which highlights vehicles that earned a perfect score in Cars.com's Car Seat Checks conducted throughout the year.
Aug 29, 2018 01:55 pm ET
Advice on Buying American-Made Cars This Labor Day
CHICAGO, Aug. 29, 2018 /PRNewswire/ -- Labor Day has become synonymous with discounts and deals for car buyers, but if you're in the market for a new vehicle, keep in mind this holiday celebrates U.S. workers — and finding a vehicle that's "Made in America" and supports the local economy is more complicated than it seems. The Cars.com (NYSE: CARS) American-Made Index ranks cars based on five factors: assembly location, domestic-parts content, U.S. factory employment, engine sourcing and transmission sourcing. Just in time for one of the busiest car-shopping times of the year, the index helps
Aug 23, 2018 07:30 am ET
Report: Exploring Fundamental Drivers Behind Chesapeake Energy, Cenovus Energy, Sunrun, Axcelis Technologies, Advanced Disposal Services, and Cars — New Horizons, Emerging Trends, and Upcoming Develop
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Chesapeake Energy Corporation (NYSE:CHK), Cenovus Energy Inc (NYSE:CVE),...
Aug 09, 2018 07:00 am ET
Cars.com Names Matthew Gold as Chief Strategy Officer
CHICAGO, Aug. 9, 2018 /PRNewswire/ -- Leading two-sided digital automotive marketplace Cars.com™ (NYSE: CARS) announces the appointment of Matthew Gold as Chief Strategy Officer. With proven experience across strategy development, technology and consulting, he is responsible for evolving and expanding the company's long-term growth strategy and creating strategic alignment across all Cars.com brands. Gold also leads the company's new business development efforts.
Aug 08, 2018 07:32 am ET
Cars.com Names Doug Miller as Chief Revenue Officer
CHICAGO, Aug. 8, 2018 /PRNewswire/ -- Today, Cars.com (NYSE: CARS) President and Chief Executive Officer Alex Vetter announced that Doug Miller, a seasoned marketplace executive with more than 20 years of experience building digital businesses, has been appointed Chief Revenue Officer, succeeding John Clavadetscher. The move fuels the company's growth agenda, adding a seasoned executive with experience growing, scaling and expanding multiple marketplace businesses.
Aug 08, 2018 07:30 am ET
Cars.com Reports Second Quarter 2018 Results
CHICAGO, Aug. 8, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), a leading digital automotive marketplace, today released its financial results for the quarter ended June 30, 2018.
Aug 06, 2018 07:00 am ET
Cars.com Launches First AI Matchmaking Experience in Automotive and New Ad Campaign to Help Consumers Fall in Love With Finding Their Perfect Car
CHICAGO, Aug. 6, 2018 /PRNewswire/ -- Americans love their cars – but they would rather go to the DMV, clean toilets, have an extended phone conversation with their mother-in-law and go to jury duty than shop for one.¹ Cars.com (NYSE: CARS) intends to change that perception by launching the automotive industry's first online matchmaking experience powered by machine learning, which makes car shopping more personal and fun. Cars.com also unveiled a new brand campaign, "We Met on Cars.com," to showcase how the company is transforming car shopping and selling.
Jul 31, 2018 07:00 am ET
Cars.com Launches Social Sales Drive Technology to Power Social Selling for Automotive
CHICAGO, July 31, 2018 /PRNewswire/ -- Cars.com (NYSE: CARS) today announced the launch of Social Sales Drive™, a powerful new offering that enables automotive retailers to maximize the impact of their Cars.com used car listings with seamless integration on Facebook Marketplace. Social Sales Drive builds on Cars.com's leadership in social media marketing to provide more efficient advertising, combining the comprehensive data and targeting power of Cars.com with millions of Americans looking at vehicle listings every day on Facebook Marketplace.The new solution uses proprietary artificial int
Jul 25, 2018 08:30 am ET
Cars.com to Announce Second Quarter 2018 Financial Results
CHICAGO, July 25, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading digital automotive marketplace, today announced that it expects to report its financial results for the second quarter ended June 30, 2018 on Wednesday, August 8, 2018. The Company will host a conference call with a live webcast at 7:30 a.m. CDT/8:30 a.m. EDT on the same day to discuss the results.
Jul 16, 2018 04:30 pm ET
Cars.com and The Washington Post Agree to Immediate Conversion of Affiliate Market
CHICAGO, July 16, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a leading online automotive marketplace, and media company The Washington Post, have entered into an agreement to convert the Washington, D.C. market into the Cars.com direct sales channel, effective August 1, 2018. The agreement comes more than one year in advance of the contract's expiration date and follows the recent early conversions of McClatchy and tronc markets. With this agreement, Cars.com will have converted more than 60 percent of wholesale revenue by the end of 2018 and directly serve 84 percent of dealer custome
Jun 21, 2018 06:00 am ET
Jeep Cherokee Tops the 2018 Cars.com American-Made Index™
CHICAGO, June 21, 2018 /PRNewswire/ -- Today, Cars.com (NYSE: CARS) releases its annual American-Made Index to help car shoppers determine the "most American" vehicles of 2018 that have the greatest impact on the U.S. economy. To arrive at this list, Cars.com looked at which cars are manufactured in America, have the most American parts, and support the most American factory jobs.
Jun 13, 2018 07:45 am ET
Analysis: Positioning to Benefit within Cars, Iconix Brand Group, NRG Yield, Aramark, CBS, and Live Nation Entertainment — Research Highlights Growth, Revenue, and Consolidated Results
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cars.com Inc. (NYSE:CARS), Iconix Brand Group, Inc. (NASDAQ:ICON), NRG...
May 09, 2018 07:00 am ET
Cars.com Reports First Quarter 2018 Results
CHICAGO, May 9, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today released its financial results for the first quarter ended March 31, 2018.
May 07, 2018 08:00 am ET
Majority of Americans Use Commutes for Me-Time, Cars.com Survey Finds - But Profanity-Laced Road Rage Persists for a Third of Drivers
CHICAGO, May 7, 2018 /PRNewswire/ -- Are you a cranky commuter or do you use your time behind the wheel to zen out? Cars.com™ (NYSE: CARS) conducted a survey of commuters nationwide and zeroed in on motorist behaviors in five major metropolitan areas. The survey reveals commuter behavior on the road.  With the average commuting time totaling 21-23 minutes nationwide, which is even longer in the five cities analyzed, commuters aim to make the most of their time in the car with 79 percent designating their commute for me-time and relaxation.
May 01, 2018 08:00 am ET
Cars.com Taps Seasoned Tech Executive Fred Lee as New SVP of Technology
CHICAGO, May 1, 2018 /PRNewswire/ -- Cars.com™ (NYSE: CARS) announced today the appointment of Fred Lee as its new senior vice president of technology. Lee will lead the end-to-end product engineering function, including data engineering, platform engineering, consumer/buyer portfolio, partner/seller portfolio and native mobile applications. He is responsible for driving the technical strategy, cultivating continuous innovation, delivering the architecture and infrastructure to support a more personalized user experience for consumers and advertisers and nurturing the company's Lean-Agile en
Apr 25, 2018 08:00 am ET
Cars.com to Announce First Quarter 2018 Financial Results
CHICAGO, April 25, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that it expects to report its financial results for the first quarter ended March 31, 2018 on Wednesday, May 9, 2018. The Company will host a conference call with a live webcast at 7:30 a.m. CDT/8:30 a.m. EDT on the same day to discuss the results.
Apr 17, 2018 08:00 am ET
Cars.com Predicts How Quickly Vehicles Will Sell With Launch of AI Powered "Hot Car"
CHICAGO, April 17, 2018 /PRNewswire/ -- Have you ever shopped for a new car and a deal seems too good to be true? Sometimes waiting for a better deal isn't the right move to finding your dream car.  Cars.com™ (NYSE:CARS) announced today the launch of "Hot Car" as part of its suite of digital pricing tools that will help car buyers determine when and how to act on a purchase--and assist in accelerating sales. The new technology leverages a proprietary machine learning algorithm from Cars.com to identify which vehicles are most likely to sell quickly, based on car make and model, geographic de
Apr 16, 2018 10:30 am ET
2018 Ford Expedition Takes the Crown in Cars.com's First Full-Size SUV Challenge
CHICAGO, April 16, 2018 /PRNewswire/ -- Cars.com™ (NYSE: CARS) has named the 2018 Ford Expedition the "Best Full-Size SUV of 2018" following extensive testing in the Full-Size SUV Challenge, which put four of the most popular vehicles in the segment against each other in a series of intensive head-to-head testing. This is the first time the publisher has tested the full-size SUV category, which included the following Challenge competitors: Chevrolet Tahoe, Ford Expedition, Nissan Armada and Toyota Sequoia.
Apr 02, 2018 01:30 pm ET
Cars.com Names Lincoln Aviator Best in Show at New York International Auto Show
CHICAGO, April 2, 2018 /PRNewswire/ -- As the New York International Auto Show opened to consumers on Friday, March 30, Cars.com™ (NYSE: CARS) has evaluated each new release showcased at the auto show and named the new Lincoln Aviator Best in Show. With nearly 30 world debuts at the show, Cars.com editors had the tough job of determining which vehicle stood out on top.
Mar 23, 2018 07:30 am ET
Cars.com Announces Agreement with Starboard
CHICAGO, March 23, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that its Board of Directors (the "Board") will appoint Michael Kelly, Bryan Wiener and an additional independent director, to be mutually agreed upon by Cars.com and Starboard Value LP ("Starboard"), to the Board promptly following the Company's 2018 Annual Meeting of Stockholders (the "Annual Meeting"). With the addition of these directors, the Board will comprise 11 directors, 10 of whom are independent. 
Mar 22, 2018 09:07 am ET
Cars.com Announces $200 Million Share Repurchase Program
CHICAGO, March 22, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that its Board of Directors (the "Board") has authorized the repurchase of up to $200 million of the Company's common stock. The Company intends to fund the share repurchase program with cash from operations.
Mar 21, 2018 11:01 am ET
DealerRater Enhances Salesperson Connect, Features Employee Profiles on Cars.com
WALTHAM, Mass., March 21, 2018 /PRNewswire/ -- DealerRater, the world's leading dealer review website, announced today an enhancement to Salesperson Connect™ that makes it possible for shoppers to review comprehensive profiles of a dealer's salespeople, such as their biographies and the 25 most recent reviews, as well as email salespersons directly from the Cars.com site before they arrive at the dealership.
Mar 21, 2018 09:00 am ET
Dealer Inspire Unveils New Voice Search Technology and Inventory Management System for Dealers
NAPERVILLE, Ill., March 21, 2018 /PRNewswire/ -- Dealer Inspire® (DI) is a technology company that has revolutionized the online car shopping experience through digital solutions that future-proof dealerships for changing consumer behaviors. At the 2018 National Automobile Dealers Association (NADA) Show Expo in Las Vegas from March 23-25, DI will launch two new digital solutions: Website Voice Search, which allows users to use only their voice to navigate search results on a dealer's website, and Metal℠, a next generation vehicle inventory management tool.
Mar 21, 2018 08:00 am ET
Cars.com Launches Social Targeting Product, Integrates AI Chat Solution at NADA 2018
CHICAGO, March 21, 2018 /PRNewswire/ -- Cars.com™ (NYSE:CARS) announced today the launch of Cars Social, a new digital ad product that will help dealers attract more quality customers through social media. In addition, Cars.com indicated that at the 2018 National Automobile Dealers Association (NADA) Show Expo in Las Vegas from March 23-25, the company will make available to its customers Conversations™, the first integrated Dealer Inspire product since the recent acquisition.
Mar 19, 2018 09:00 am ET
Cars.com Announces Sachin Gadhvi as Vice President of Growth Marketing
CHICAGO, March 19, 2018 /PRNewswire/ -- Cars.com™ (NYSE: CARS) today announced the addition of Sachin Gadhvi to its marketing leadership team as Vice President of Growth Marketing. In this newly created role, Gadhvi will oversee paid media, customer acquisition, SEO and organic traffic strategy, and data strategy.
Mar 06, 2018 06:00 am ET
Cars.com Reports Fourth Quarter and Full Year 2017 Results
CHICAGO, March 6, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today released its financial results for the fourth quarter and full year ended December 31, 2017.
Feb 23, 2018 08:45 am ET
Cars.com Announces Close of Director Nomination Period
CHICAGO, Feb. 23, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today confirmed that Starboard Value LP ("Starboard") submitted to the Company a notice of nomination of four director candidates to stand for election to the Company's Board of Directors ("the Board") at the Cars.com 2018 Annual Meeting of Stockholders, which was previously publicly announced for May 18, 2018.  
Feb 23, 2018 07:55 am ET
Recent Analysis Shows Immersion, Ryerson Holding, MGM Growth Properties, Hawaiian, Cars, and Trinity Industries Market Influences — Renewed Outlook, Key Drivers of Growth
NEW YORK, Feb. 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Immersion Corporation (NASDAQ:IMMR), Ryerson Holding Corporation...
Feb 22, 2018 03:42 pm ET
Cars.com to Announce Fourth Quarter and Full Year 2017 Financial Results
CHICAGO, Feb. 22, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2017 on Tuesday, March 6, 2018. The Company will host a conference call with a live webcast at 7:30 a.m. CST/8:30 a.m. EST on the same day to discuss the results.
Feb 14, 2018 06:30 am ET
Cars.com Announces the Acquisition of Dealer Inspire and Launch Digital Marketing
CHICAGO, Feb. 14, 2018 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), a leading online automotive marketplace, today announced it has entered into a definitive agreement to acquire privately-held Dealer Inspire and Launch Digital Marketing ("LDM"), market-leading technology companies that provide digital solutions to automotive dealers, for $165 million in cash at closing with potential additional consideration based on future performance. Cars.com will supplement Dealer Inspire's and LDM's sales of innovative dealer technologies by integrating and distributing rel
Feb 05, 2018 12:00 pm ET
Cars.com Receives Three Major Industry Awards
CHICAGO, Feb. 5, 2018 /PRNewswire/ -- Cars.com (NYSE: CARS) has received three industry honors, including being named a "Top 10 Company to Watch in 2018" from AutoSuccess Magazine and awarded "Top Rated Services to Dealerships" for New Car Leads and Used Car Advertising in the ninth annual DrivingSales Dealer Satisfaction Awards.

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