Category: LongLastingcar.com

For the First Time, AMI Ranks All Qualifying Models for the List, Featuring 91 American-Made Cars New Cars.com Research Reveals COVID-19 Pandemic Has Increased the Desire to Buy American-Made Cars Among Nearly 40% of Shoppers CHICAGO, June 23, 2020 /PRNewswire/ — Cars.com[1] Inc. (NYSE: CARS), a leading digital automotive marketplace and solutions provider, today released its 2020 American-Made Index [2](AMI)[3]. Now in...

Growing Adoption of Buying and Selling Cars Online Plays to CARS’ Portfolio Strength CHICAGO, July 30, 2020 /PRNewswire/ — Cars.com Inc.[1] (NYSE: CARS) (“Cars.com,” “CARS” or the “Company”), a leading digital marketplace and solutions provider for the automotive industry, today released its financial results for the quarter ended June 30, 2020. Q2 Financial Highlights Revenue of $102.0 million, down $46.2 million, or...

Automotive Marketplace Reveals 6 Trends That Will Drive the Industry in the Second Half of 2020 CHICAGO, July 27, 2020 /PRNewswire/ — Cars.com[1] (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shares its latest data identifying six trends for the second half of 2020. The pandemic has served as an accelerant for automotive, igniting the rapid digital transformation of...

Volvo Cars is today announcing plans to accelerate its transformation to effectively position the company for long term growth. As a result, it is giving notice for a reduction of 1,300 white-collar positions in its Swedish operations, plus a continued review and reduction of consultancy contracts.   The exact nature and amount of job reductions will be decided over the...