CARS Announces Strong Preliminary Third-Quarter 2020 Results

Solutions Strategy Drives Expected Quarter-Over-Quarter Growth in Dealer Customers and ARPD CHICAGO, Oct. 14, 2020 /PRNewswire/ — Cars.com Inc.[1] (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. Based on preliminary information, CARS expects third quarter revenue of approximately $142 to...

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Cars.com: Pandemic Spurs New Ways to Buy and Sell Cars Digitally

Automotive Marketplace Reveals 6 Trends That Will Drive the Industry in the Second Half of 2020 CHICAGO, July 27, 2020 /PRNewswire/ — Cars.com[1] (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...

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Stay-at-Home Economy Creates Surge in Demand for Vehicle Delivery Services From Local Dealerships

As Car Shopping and Selling Continues to Transform, Contactless Home Delivery Grows and More Than 60% of Recent Buyers Say They Want Their Local Dealers to Deliver CHICAGO, Sept. 29, 2020 /PRNewswire/ — The stay-at-home economy is understandably driving trends toward home cooking and home improvement projects, but surprisingly, it is creating a surge in buying cars delivered directly to...

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