Shares of online new and used car marketplace Cars.com (NYSE:CARS) jumped 2.6% in the afternoon session after Cox Automotive revised its 2026 new-vehicle sales forecast higher. Charlie Chesbrough, a Cox senior economist, said a strong summer selling pace drove the change. Cox now expects 16.1 million new vehicles sold in 2026, up from its prior 15.8 million forecast, and 1.2% below 2025. Jeremy Robb, Cox’s chief economist, called the backdrop solid demand on steady fundamentals. He cited two sup
On August 6, Cars.com (NYSE:CARS) reported second-quarter results for the period ended June 30, and the two headline numbers tell almost opposite stories. Revenue climbed just 1% year over year to $179.9 million, landing right in line with guidance. Net income, though, jumped 103% to $14.3 million from $7 million a year earlier, and diluted […]
There are only a handful of fully electric three-row SUVs on the market today. USA TODAY tested one of the most affordable: the Kia EV9.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Cars.com (NYSE:CARS) and the best and worst performers in the online marketplace industry.
Cars.com’s second quarter results aligned with Wall Street expectations, with management attributing flat sales to a deliberate shift in marketing to prioritize high-intent shoppers over pure audience growth. CEO Tobias Hartmann highlighted that the company’s “marketplace flywheel is solid,” and pointed to dealer subscription products and the launch of Dealer Verified Listings as key contributors to the period’s performance. Despite a year-over-year decline in website traffic, management emphasi
Motley Fool Press Release.
Every acquisition announcement contains a promise. Somebody says the acquired company will get more resources, more reach, more muscle now that a bigger parent is writing the checks. Almost nobody outside the deal ever gets to test whether that promise was real, because by the time it would matter, the founders have usually cashed out and moved on. Joe Neiman didn't move on quietly. He's suing Cars.com in Delaware's Court of Chancery over exactly that promise, and the fight is worth up to $88 mi
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Cars.com Inc. (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today announced that it expects to report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.
The most affordable American-made cars cost under $30K. Here's why many are worth considering.
ALB earned Bull of the Day after a major earnings beat and rising estimates, while Cars.com landed Bear of the Day on weak traffic and falling forecasts.
A number of stocks fell in the afternoon session after President Trump declared the Iran ceasefire "over" and vowed to strike again, driving oil higher and bond yields up in a risk-off rotation.
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