Tag: cars.com


Major news items in the automotive markets

Major news items in the automotive markets

Three major news items in the U.S. automotive classified advertising industry: Two key executives have retired from Cox Automotive Cars.com announced it’s buying DealerInspire, a company that builds websites for auto dealers, and another dealer services company CarGurus reported two investment companies bought almost $720 million of its shares in Q4. Cox Automotive confirmed Brian Geitner (LinkedIn profile), president of Cox Automotive Media Solutions, and...

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Cars.com converts 8 Tronc markets to direct sales

Cars.com converts 8 Tronc markets to direct sales

Cars.com is continuing the accelerated conversion of its old Classified Ventures affiliated relationships. Earlier this month, Cars.com and The McClatchy Company agreed to convert 17 markets owned by the latter from an affiliated model to a direct sales one. Now it’s Tronc’s turn. Starting from Feb. 1, Cars.com will convert eight Tronc affiliate markets to Cars.com’s direct retail channel. The converting markets include Los Angeles...

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Cars.com to convert 17 McClatchy markets to direct sales

Cars.com to convert 17 McClatchy markets to direct sales

Cars.com is accelerating its “take-over” of the affiliate market relationships remaining from its Classified Ventures days. When Cars.com was spun out of its home inside the Classified Ventures joint venture (established originally by A.H. Belo, Gannett Company, The McClatchy Company, Tribune Company and Graham Holdings Company), the company announced that it planned to eventually convert any markets operating under the old affiliate relationships to direct...

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Cars.com earnings flat, new salesperson rating feature

Cars.com earnings flat, new salesperson rating feature

Cars.com Q3 FY2017 revenue was mostly flat compared with the previous period a year ago. In its Q3 earnings report, the company said that revenue was just shy of $160 million, down one percent year-over-year. The full year’s revenue to also expected to be down by one percent. Other metrics released as part of its Q3 earnings: As with revenue, traffic (web visits) was down...

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