Cars.com Inc. (CARS)

19.49 +0.01 (+0.05%) At close: 04:00PM EDT

Cars.com Inc.

300 S. Riverside Plaza
Suite 1000
Chicago, IL 60606
United States
312 601 5000
https://www.cars.com

Sector(s): Consumer Cyclical
Industry: Auto & Truck Dealerships
Full-time employees: 1,700

Description

Cars.com Inc., an audience-driven technology company, that provides solutions for the automotive industry in the United States. Its Cars Commerce platform connects car shoppers with sellers. The company, enable dealers and automotive manufacturers; connect sellers with ready-to-buy shoppers that provide financing tools with instant online loan screening and approvals; and empower shoppers with the resources and digital tools needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising packages to dealer customers; digital solutions, including website creation and platform hosting, vehicle acquisition and valuation, digital retailing, and review and reputation management; and media products comprising display advertising, social selling, digital advertising, and in-market video services, as well as non-subscription digital advertising services to dealer customers. The company serves dealer customers, which included franchise and independent dealers. Its customers are local dealers, OEMs, and other national advertisers and lenders. Cars.com Inc. was founded in 1998 and is based in Chicago, Illinois.

Corporate governance

Cars.com Inc.’s ISS governance QualityScore as of 1 June 2024 is 1. The pillar scores are Audit: 2; Board: 2; Shareholder rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.