Allison Phelps's Blog (22)

Cars.com Launches “Instant Offer” Nationwide, Empowers Consumers to Claim Highest Offer From a Local Dealer and Sell Their Car Instantly

Cars.com Has Generated More Than 5,000 Qualified Cash Offers for Consumers 

Since Launch to Select Markets in May

50% of Consumers Planning to Sell a Car Prefer to Trade In Their Used Vehicle at Dealership

 

CHICAGO (Aug. 1, 2022) — Americans have several options when…

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Added by Allison Phelps on August 1, 2022 at 7:37am — No Comments

Cars.com Finds 84% of Travelers Will Drive This Thanksgiving Holiday, Steered by Flight Disruptions, Flexible Work Schedules and Lingering COVID-19 Concerns

More Than Half of Americans Plan to Travel This Thanksgiving Holiday, Up 46% From 2020; 

62% of Drivers Cite the Ongoing Pandemic as the Primary Reason for Driving

CHICAGO, Nov. 15, 2021 —  The era of remote work will allow many Americans to spend more time with family this Thanksgiving…

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Added by Allison Phelps on November 15, 2021 at 1:26pm — No Comments

CARS Acquires CreditIQ Automotive Fintech Platform, Enabling Instant Financing For Consumers, Dealers and Lenders

Transaction Highlights:

  • Advances CARS’ growth strategy and expands TAM into the multi-billion dollar Auto Finance segment, which is rapidly growing as online car buying transactions accelerate 
  • Builds additional revenue streams and strengthens attribution for CARS while expanding end-to-end transaction platform capabilities…
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Added by Allison Phelps on November 4, 2021 at 4:12pm — No Comments

Making the Grade: Cars.com Releases 2021 Car Seat Fit Report Card, Rating the Best Vehicles on the Market for Car Seat Safety — Only Four Make the Honor Roll

More Than Half of Parents Surveyed by Cars.com Have Incorrectly Installed a Car Seat, While 67% Make Vehicle Purchase Decisions Based on Car Seat Fit

CHICAGO, Sept. 27, 2021 — Leading car shopping marketplace…

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Added by Allison Phelps on September 29, 2021 at 1:15pm — No Comments

Cars.com Finds Delta Variant Impacts Labor Day Travel Destinations and Flight Plans With More Than 1 in 5 Travelers Canceling Flights in Favor of Driving

Almost 1 in 4 Travelers to Change Destination; 87% of Travelers Take to the Road  

CHICAGO, Aug. 25, 2021 — Even with the delta variant increasing COVID-19 cases across the country, Americans remain determined to get out this upcoming Labor Day 2021 weekend. Sixty percent of Americans plan to travel, up 17% compared to…

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Added by Allison Phelps on August 25, 2021 at 11:25am — No Comments

School Bus Ridership Continues to Lag as 54% of Parents Choose to Drive Kids to School This Year

With 67% of Students Returning to Full-Time, In-Person Learning This Year and Concerns High About the Delta Variant, Cars.com Offers Five Tips for a Safe and Successful School Drop-Off

CHICAGO, August 19, 2021 —…

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Added by Allison Phelps on August 19, 2021 at 10:30am — No Comments

Cars.com Reveals the Best Fourth of July Deals for the Most American-Made Vehicles as New Survey Finds 44% of In-Market Shoppers Plan to Buy This Weekend

Of the 44% of Car Shoppers Who Plan to Purchase This July Fourth Weekend, More Than Half Intend to Buy U.S.-Based Brands



CHICAGO, June 30, 2021 —
Leading digital automotive marketplace and solutions provider Cars.comTM…

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Added by Allison Phelps on June 30, 2021 at 9:43am — No Comments

The New and Improved Cars.com Is Here

Online Car-Shopping Marketplace Launches Fresh, New Look and Features to 26 Million Monthly Visitors and Nearly 20,000 Local Dealers

 CHICAGO, June 28, 2021 — Cars.comTM (NYSE: CARS), a…

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Added by Allison Phelps on June 29, 2021 at 5:45pm — No Comments

Tesla Model 3 Snags No. 1 Spot on Cars.com’s 2021 American-Made Index®; First All-Electric Vehicle to Top the List in Its 16-Year History

Detroit Three, Honda, Toyota Also Top 2021 Index, With GM Claiming the Most Spots

 

Americans Care Where Their Cars Are Made, Buying Non-American Considered “Unpatriotic” by More than a Quarter of Americans 

CHICAGO, June 23, 2021 — Leading digital automotive marketplace…

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Added by Allison Phelps on June 23, 2021 at 3:57pm — No Comments

Inventory Shortages Drive Car Shoppers to Neighboring States: Cars.com Reports 10% of Recent Buyers Traveled Across State Lines to Purchase a Car

Car Supply Shortage Squeezes Sellers and Shoppers as Cars.com Finds Nearly 1 in 3 Recent Buyers Drove 100 Miles or More for the Car They Want1 

CHICAGO, June 10, 2021 —…

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Added by Allison Phelps on June 11, 2021 at 4:30pm — No Comments

43% of Car Shoppers Plan to Buy This Memorial Day Weekend, But It’s an Even Better Time to Sell, Reports Cars.com

As inventory levels fall 33% for new and 28% for used cars, local dealers are paying consumers more for their used trade-in vehicles.1

CHICAGO, May 26, 2021 — Car shoppers are ready to take advantage of Memorial Day weekend deals — if they can find them, according to recent research from leading digital automotive…

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Added by Allison Phelps on May 26, 2021 at 11:40am — No Comments

Cars.com Finds 89% of Memorial Day Travelers Prefer to Road-Trip Even as More Americans Become Vaccinated

Cars.com survey reveals even more Americans will drive this holiday weekend compared to 2020, despite the country’s growing vaccination rate and rising costs at the pump

CHICAGO, May 19, 2021 —  Americans are ready for the return of summer travel, according to Cars.com…

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Added by Allison Phelps on May 19, 2021 at 4:00pm — No Comments

Cars.com Reports 66% of Americans Have Renewed Interest in EVs Following President Biden’s Infrastructure Plans, but Mainstream Adoption Still Years Away

Leading automotive digital marketplace and solutions provider Cars.com (NYSE: CARS) today revealed new research that Americans’ interest in electric vehicles is on the rise. Sixty-six percent of respondents in Cars.com’s national survey stated an increased desire to buy an EV after hearing President Biden’s infrastructure plans to invest $174 billion in…

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Added by Allison Phelps on April 23, 2021 at 7:05pm — No Comments

CARS Appoints Jenell Ross to Board of Directors

Auto industry veteran with strong connection to dealership communities

CHICAGO, April 13, 2021 – Cars.com Inc. (NYSE: CARS) (“CARS” or the “Company”), a leading digital automotive marketplace and solutions provider, today announced the appointment of Jenell Ross as a member of its Board of Directors.

Ross is an auto industry veteran, with 28 years of experience, and was recently named one of…

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Added by Allison Phelps on April 13, 2021 at 12:30pm — No Comments

Pent-Up Demand Spikes Spring Break Travel: 70% of Travelers Opt for Road Trips as Americans’ Vacation Plans Surpass Pre-Pandemic Levels

Cars.com Reports 57% of Americans Plan to Travel for Spring Break; 2 Out of 3 Travelers Say  COVID-19 Impacted Their Decision to Drive1

CHICAGO, March 25, 2021 — As the pandemic continues, Americans are…

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Added by Allison Phelps on March 25, 2021 at 4:29pm — No Comments

Cars.com Shoppers Logged a Record 30 Million Hours on the Platform Last Year, as More Americans Turn to Car Ownership

One Year Into the COVID-19 Pandemic, Purchasing Timelines Are Faster, First-Time and Urban Car Buyers Increased, and New and Used Prices Inch Higher

CHICAGO, March 10, 2021 — One year from the start of a historic worldwide pandemic that changed commerce and transportation, maybe permanently, leading automotive digital marketplace and solutions provider Cars.com Inc.…

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Added by Allison Phelps on March 11, 2021 at 5:53pm — No Comments

New Brand Campaign Showcases Cars.com's Mix of Art and Science That Creates Perfect Car Matches

‘It’s Matchical’ Spotlights the Extraordinary Intelligence Behind Cars.com’s Match of 20 Million Monthly Unique Shoppers, With 50,000 New Cars Added Daily.

The breadth and depth of its first-party data, paired with smart matchmaking technology, enables the Cars.com marketplace to successfully connect its more than 20 million monthly unique car shoppers with the vehicles that meet their needs, budgets and exceed…

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Added by Allison Phelps on March 4, 2021 at 4:30pm — No Comments

Cars.com’s Best Value of 2021 Award Winner, the Hyundai Venue, Gives Car Shoppers Performance and Tech Under $20,000

Win a Free 2021 Hyundai Venue: Cars.com Sets Up One Lucky Shopper for the Ride of Their Life

CHICAGO, Feb. 18, 2021 —  Leading automotive digital marketplace and solutions provider Cars.com (NYSE: CARS) names the 2021 Hyundai Venue its inaugural Best Value of 2021…

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Added by Allison Phelps on February 18, 2021 at 11:49am — No Comments

Cars.com Delivers Three Times More Dealer Website Referrals Compared to Nearest Auto Marketplace Competitors

Driven by 76% Organic Audience,2 Cars.com Leads Third-Party Marketplaces in Direct Referral Traffic1 and Delivers Shoppers Twice as Likely to Buy3

CHICAGO, Feb. 9, 2021 — As the 2021 Virtual National Automobile Dealers Association Show kicks off this week on Feb. 9-11,…

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Added by Allison Phelps on February 9, 2021 at 4:57pm — No Comments

Touchdown: Cadillac Wins the Big Game on Cars.com with a 194% Spike in Traffic From Car-Shopping Football Fans

Big Game Sees Half the Number of Automakers Advertising Compared to Last Year, Yet Car Shoppers Still Flock to Cars.com for Validation After Viewing Top Auto Commercials

GM’s Ad on Electric Vehicles Causes Triple Digit Surge to its EV Models on Cars.com, Prompts Overall EV Searches on the Marketplace to Increase…

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Added by Allison Phelps on February 8, 2021 at 5:36pm — No Comments

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