May New-Car Sales Boost Used-Car Inventory, Dropping Used-Car Prices 7% to $28,861, According to Cars Commerce May Industry Insights Report [Yahoo! Finance]
Cars.com Inc. (CARS)
Last cars.com inc. earnings: 2/26 07:30 am
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Source: Yahoo! Finance
CHICAGO June 13, 2024 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a " Cars Commerce Inc ."), an audience-driven technology company empowering the automotive industry, today launched its May Industry Insights Report . Crafted by an expert team of Cars Commerce data analysts, the report provides macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire and AccuTrade. "The rise in new-car sales, especially during seasonal promotions like Memorial Day, boosts the used-car market. More new-car inventory means more new-car sales, which means more trade-ins, increasing used-car inventory and bringing prices down — and that's just what we're seeing this month," said Rebecca Lindland , senior director of industry data and insights at Cars Commerce. "On average, used cars are selling slightly slower now than last year, when the market was quite lean. Prices are still e
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CARS
News
- Tips for Renting an E.V. for Your Summer Vacation [The New York Times]The New York Times
- Incumbent Tesla is the Only Domestic Automaker in Cars.com's 2024 American-Made Index Top 10 [Yahoo! Finance]Yahoo! Finance
- Cars.Com American Made Index Reveals No All-American Vehicles [Forbes]Forbes
- Incumbent Tesla is the Only Domestic Automaker in Cars.com's 2024 American-Made Index Top 10PR Newswire
- Tesla Model 3, Cybertruck Top Used Car Listings — But Price At Opposite Extremes [Forbes]Forbes
CARS
Earnings
- 5/9/24 - Beat
CARS
Sec Filings
- 6/18/24 - Form 4
- 6/14/24 - Form 144
- 6/11/24 - Form 8-K
- CARS's page on the SEC website