Cars.com parent CEO marks decade of leadership with focus on future growth

Alex Vetter is celebrating ten years as CEO of Cars Commerce, the parent company of Cars.com. Under his leadership, the company has shifted from a media focus to providing technology solutions for the auto industry, enhancing its vertical integration. In October 2023, the company rebranded as Cars Commerce to reflect its expanded services. Vetter emphasized the importance of real-time data and technology in connecting dealers with consumers, which has contributed to 16 months of revenue growth. Vetter believes the electric vehicle market will stabilize with increased demand and that brick-and-mortar dealerships will continue to play a vital role. He remains optimistic about the company's future and its ability to adapt to changing consumer needs.