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Cars.com - CARS STOCK NEWS

Welcome to our dedicated news page for Cars.com (Ticker: CARS), a resource for investors and traders seeking the latest updates and insights on Cars.com.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cars.com's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cars.com's position in the market.

News
Cars.com to Announce First Quarter 2024 Financial Results
Rhea-AI Summary
Cars.com Inc. (NYSE: CARS) announces the upcoming release of its first-quarter 2024 financial results on May 9, 2024. The company will host a conference call to discuss the results, featuring CEO Alex Vetter and CFO Sonia Jain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
earnings
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News
Market Prices, Consumer Budgets Inch Closer Together, According to Cars.com's 2024 Affordability Report
Rhea-AI Summary
Cars.com's 2024 Affordability Report highlights a retail environment more accessible to consumers, with new-vehicle supply rebounding and affordable options available. The report showcases best-in-class vehicles under $30,000, offering safety technology and low running costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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none
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News
Tax Season Turbocharges Car Market: Dealers and Buyers Gear Up for a Surge in Shopping Activity, According to Cars Commerce March Industry Insights Report
Rhea-AI Summary
Cars.com Inc. releases its March Industry Insights Report, indicating a surge in car-buying activity as dealers expand new-car inventory by 9% and consumer searches for new cars rise by 4%. New-car prices drop, used-car prices hit a 32-month low, and EV inventory increases with decreasing prices. Toyota and Cadillac are the fastest-selling new-car brands, while Subaru Solterra leads in new EV sales. The report highlights inventory improvements, price drops, and consumer interest in heritage models and electric vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Cars.com's Your Garage Gives Car Owners Market Power for Trade-Ins and New Purchases, Showcased in Latest 'Possibilities' Ad
Rhea-AI Summary
Cars.com introduces Your Garage, a new utility allowing consumers to track their vehicle's value over time. The tool provides valuable insights for car owners to make informed decisions when trading in their vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
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none
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News
The Reviews Are In: Cars.com 2024 Dealer of the Year Awards Recognize the Best Local Car-Shopping Experiences Across America
Rhea-AI Summary
Cars.com unveils Dealer of the Year Awards based on over 1 million consumer reviews, emphasizing responsiveness and accountability as crucial for an excellent dealership experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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none
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News
Cars.com Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Cars.com Inc. (CARS) exceeded fourth-quarter guidance with 7% year-over-year revenue growth, achieving $179.6 million in revenue. The company reported net income of $8.3 million and generated $137 million in annual cash flows. Operational highlights include partnerships with FordDirect and the acquisition of D2C Media.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
earnings
News
Cars.com to Announce Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Cars.com Inc. (CARS) to report Q4 and full-year 2023 financial results on February 22, 2024, with a live webcast hosted by CEO Alex Vetter and CFO Sonia Jain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
Tags
earnings
-
News
Volkswagen's 'An American Love Story' Ad Zooms Ahead With 394% Surge in Traffic on Cars.com During the Big Game
Rhea-AI Summary
Automotive giants Volkswagen, Kia, Toyota, and BMW experienced a substantial surge in consumer traffic on Cars.com following their prime-time commercials during the Big Game. Volkswagen led the pack with a 394% spike, followed by Kia, Toyota, and BMW with 265%, 223%, and 158% increases respectively. The event proved to be a lucrative opportunity for automakers to engage with a captivated audience, translating into significant traffic boosts on Cars.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.63%
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News
Cars.com Reveals 2024 Best Of Awards: Budget-Friendly Chevrolet Trax Takes Top Spot as Best Car of the Year
Rhea-AI Summary
Cars.com announced the winners of its annual Best Of Awards, recognizing the top vehicles in six categories and the Best Car of the Year. This year, Chevrolet's 2024 Trax earned the coveted Best Car of 2024 honor. Priced from $21,495, the Trax comes with user-friendly technology features, increased spaciousness, and sleek styling, all while bringing a lower starting price than the 2023 model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
none
News
Cars Commerce Addresses Automotive Retailers' Top Three Pain Points to Help Them Unleash Growth in 2024
Rhea-AI Summary
Cars.com Inc. shared the top three dealer pain points in 2024 and how the company plans to help its customers solve these challenges. The pain points are capturing higher-quality shoppers, acquiring more used inventory, and differentiating a dealership from its competitors. The company will debut new advertising solutions, offer instant cash offers for in-market consumers, and provide a data-driven report for reputation management. The CEO emphasized the need to adapt to the digital-first generation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
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none
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Cars.com

NYSE:CARS

CARS Rankings

#2332 Ranked by Market Cap
#1279 Ranked by Stock Gains
N/A Ranked by Dividends

CARS Stock Data

1.09B
56.33M
8.9%
90.88%
2.47%
Software Publishers
Information
Link
US
Chicago

About CARS

cars.com is a leading automotive digital marketing company offering advertisers the opportunity to reach more than 18 million in-market car shoppers each month. through data-driven insights we move the industry forward, helping local and national partners align with modern car shopping behavior. advertiser customers gain access to a variety of innovative online and mobile marketing solutions that help them connect with and influence consumers everywhere they are shopping.