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Cars.com
Business Summary
Cars.com is a privately-held company that operates as an online resource for buying and selling new and used vehicles. Cars.com provides car shoppers with pricing information, side-by-side comparison tools, photo galleries, videos, unbiased editorial content, and a large selection of new- and used-car inventory. The company offers online advertisement solutions for automakers, dealers, and private-party sellers in the form of classified advertising solutions, banner advertisements, and lead-generation. Cars.com was founded in 1998 and has headquarters in Chicago, Illinois with a satellite office in Santa Monica, California. Cars.com operates as a subsidiary of Classified Ventures, LLC.
Recent News, Updates, and Analysis
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The 5 Privately-Held Companies That Ran Superbowl Ads This Year: MARS INC., GODADDY, SUBWAY, POM WONDERFUL (aka Roll Global : Wonderful Pistachios) and TRIBUNE MEDIA'S CARS.COM; Only 5 of this year's 40 SuperBowl Advertisers (12%) Were Private Companies
Feb. 2013 During Sunday's SuperBowl, of the 40 companies that ran SuperBowl ads, 5 of them (12%) were privately held companies: Mars Inc. (PrivCo Private Company Ticker:MARSP), GoDaddy (PrivCo Private Company Ticker:GODADDP), Subway (Doctor's Associates) (PrivCo Private Company Ticker: SUBRESP), Roll Global (Wonderful Pistachios) (PrivCo Private Company Ticker: ROLGLOP) and Cars.com (PrivCo Private Company Ticker: CARSP). … Read More »
Overview & Corporate Organization
Basic Information
| Year Founded: | 1998 |
| Fiscal Year End: | 12/31 |
| City: | Chicago |
| State/Province: | Illinois |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.Cars.com |
| Twitter: | http://www.twitter.com/@Cars_com |
Corporate Organization
| Parent Companies: | |
| Sister Companies: | ApartmentHomeLiving.com Apartments.com Gannett Company HomeFinder.com HomeGain.com Inc. |
| Subsidiaries: | NewCars.com PickupTrucks.com |
| Brands: | NewCars.com PickupTrucks.com |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Services > Information & Data Providers |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Cars.com fiscal year end: 12/31 |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jul. 2005 | Completed | NewCars.com | Cars.com | Acquisition | Unspecified |
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Detailed Business Description: Cars.com
Cars.com Business Overview
Cars.com is a privately-held company that serves as an online platform for customers looking to buy and sell new and used vehicles. Via the company's website, customers have access to dealer reviews, can compare vehicles, calculate monthly payments and receive car shopping advice. Cars.com provides editorial content, photo galleries, videos and a considerable selection of new and used car inventory. It offers customers guidance on automotive tax credits and deductions, safety advice, and other useful information for automobile shoppers. Cars.com operates as a subsidiary of Classified Ventures, LLC.
Cars.com was founded in 1998 and has headquarters in Chicago, Illinois.
Revenue Model
Cars.com generates revenue by charging individuals or companies who wish to sell vehicles on the website a fee. The company also makes money through the advertising that it maintains on its website. Thus, website traffic is incredibly important for the company to generate… Continue Reading →
Supplemental Resources
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