May 24, 2018

Cars.com Lists More Vehicles

By Staff Writer March 06, 2018

Cars.com reported net income of $151.8 million in the fourth quarter.


Revenue was $156.6 million for the quarter, down 3 percent year-over-year.


Average monthly unique visitors were flat year-over-year.


Traffic was 89.3 million, down 2 percent year-over-year.


Mobile traffic increased 6 percent year-over-year and accounted for 60 percent of total traffic compared to 56 percent in the fourth quarter of 2016.
Dealer customer count was 21,296, essentially flat compared to third quarter's dealer customers of 21,307.


Cars.com reported direct dealer customers of 14,356, up 3 percent compared to the third quarter's direct dealer customers of 13,963. The count was up 1 percent excluding dealer customers transferred from affiliate due to the early conversion of certain of the McClatchy markets.


Affiliate dealer customers of 6,940, were down 6 percent compared to the third quarter's affiliate dealer customers of 7,344. This was down 2 percent excluding dealer customers transferred to direct due to the early conversion of certain of the McClatchy markets.


Average vehicle listings for fourth quarter were 4.9 million, up 1 percent year-over-year

Last modified on Tuesday, 06 March 2018 22:36