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Cars.com Reports Lower Dealer Count

Cars.com Reports Lower Dealer Count Featured

Cars.com Inc. saw its dealer customer count decline in the third quarter, dipping to 21,307 from 21,465 in the second quarter.
Average vehicle listings were 4.9 million, up 6 percent year-over-year.
Revenue was $159.9 million in the third quarter, down 1 percent year-over-year.
Net income was $21 million.
Average monthly unique visitors for Cars.com was up 3 percent year-over-year. But total traffic declined 1 percent to 101.7 million.
Mobile traffic grew 8 percent year-over-year and accounted for 59 percent of total traffic compared to 54 percent in the third quarter of 2016.

Last modified on Thursday, 09 November 2017 00:27
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