Business
Strong Automotive Sales in First Quarter Mask Growing Affordability Concerns as Tariffs Threaten Entry-Priced Inventory, According to Cars Commerce's Industry Insights Q1 Report
Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering the automotive industry, reveals notable changes to the automotive industry in its Industry Insights Q1 Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire and AccuTrade.
About this update from Cars.com Inc.
[{"type":"text","content":"Despite soft start, March auto sales soar to sixth-highest in 50 years1 as looming tariffs fuel early demand","length":108,"tagName":"p","attribs":{}},{"type":"text","content":"CHICAGO, April 17, 2025 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering the automotive industry, reveals notable changes to the automotive industry in its Industry Insights Q1 Report. This comprehensive report, crafted by Cars Commerce's expert data analysts, delves into macro and micro automotive market insights by analyzing supply, demand, pricing and consumer behavior data from across the company's platform, including Cars.com®, Dealer Inspire and AccuTrade.","length":557,"tagName":"p"},{"type":"image","alt":"Strong Automotive Sales in First Quarter Mask Growing Affordability Concerns as Tariffs Threaten Entry-Priced Inventory, According to Cars Commerce's Industry Insights Q1 Report.","displaySize":"","headline":null,"caption":"Strong Automotive Sales in First Quarter Mask Growing Affordability Concerns as Tariffs Threaten Entry-Priced Inventory, According to Cars Commerce's Industry Insights Q1 Report.","className":"","disableSlideshowImg":false,"size":{"original":{"width":200,"height":113,"url":"https://media.zenfs.com/en/prnewswire.com/6b8928971f73835dd491cd8363ef65f5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aLq6sLS4Rlw9aDYSS99gtw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTIwMztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/6b8928971f73835dd491cd8363ef65f5","width":200,"height":113}},"href":"https://mma.prnewswire.com/media/2667102/2025_Q1_Industry_Insights__2.pdf?p=original","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The auto industry had a strong start to 2025, with first-quarter new-vehicle sales up 4.8% year over year.1 Despite the healthy pace, the market is grappling with growing affordability concerns. Cars priced under $30,000 now account for just 14% of new-vehicle inventory, down from 38% during the 2019-21 period, marking an erosion in access to budget-friendly models.","length":368,"tagName":"p"},{"type":"text","content":""For many Americans, a car isn't a luxury — it's an essential part of daily life. The entry-priced vehicle category still hasn't recovered from the chip shortages caused by th...