(CARS) Cars.com - Ratings and Ratios

Cars.com Inc. operates as a technology-driven company, primarily focusing on the automotive industry in the United States. By leveraging its Cars Commerce platform, the company effectively bridges the gap between car shoppers and sellers, facilitating a more streamlined and efficient car buying process. This platform is designed to cater to the needs of both dealers and automotive manufacturers, enabling them to connect with potential buyers who are ready to make a purchase. Additionally, the platform provides shoppers with a suite of financing tools, including instant online loan screening and approvals, thereby empowering them to make informed decisions when buying a car.

The company's product portfolio is diverse, comprising marketplace products, digital solutions, and media products. Its marketplace products include subscription advertising packages tailored to dealer customers, which can be customized to meet the specific needs of individual dealerships. The digital solutions offered by Cars.com Inc. encompass a wide range of services, including website creation and platform hosting, vehicle acquisition and valuation, digital retailing, and review and reputation management. These services are designed to help dealers optimize their online presence and improve their overall sales performance. Furthermore, the company's media products include display advertising, social selling, digital advertising, and in-market video services, as well as non-subscription digital advertising services, all of which are aimed at helping dealers and national advertisers reach their target audiences more effectively.

Cars.com Inc. serves a broad customer base, which includes local dealers, original equipment manufacturers (OEMs), and other national advertisers and lenders. By providing its customers with a comprehensive suite of solutions and services, the company plays a vital role in the automotive industry, facilitating the buying and selling of cars across the United States. Founded in 1998 and headquartered in Chicago, Illinois, Cars.com Inc. has established itself as a leading player in the industry, with its website, https://www.cars.com, serving as a primary platform for car shoppers and sellers to connect. The company's common stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol CARS, with the ISIN code US14575E1055, and is classified under the GICS Sub Industry of Interactive Media & Services.