Cars.com Hits The Skids
No one wants last week's loaf of stale bread -- not when you have fresher choices.
When Cars.com (NYSE: CARS) reported Q2 earnings this morning, announcing the company received "no actionable bids" during its strategic review of the company, Cars.com became stale bread.
Cars.com is one of the big three in the automobile advertising space along with CarGurus.com (NASDAQ: CARG) and TrueCar (NASDAQ: TRUE), but it's the senior when it comes to digital advertising, with the most established sales force. The company empowers consumers to make informed buying decisions providing information on the 4Ps: Product, price, place, and person. The data-driven intelligence increases automotive turnover and market share gains for sellers utilizing its services.
Quelle Fool.com
