AcquisitionsThe DealerClub acquisition could be a game changer for Cars Commerce by offering an end-to-end solution to manage the entire lifecycle of a vehicle on a unified technology platform.
Market Share ExpansionCars Commerce gained market share as dealer count increased by 44 sequentially to 19,250 dealers, representing the strongest quarter of sequential organic growth since mid-2022.
Share BuybacksStrong free cash flow facilitated the repurchase of $22 million of shares, highlighting financial strength.