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Now let's discuss quarter. the
As we signaled impacted customers, business well. last our quarter, therefore, the and pandemic as our
with remember for in time up provide to in three-month dealer reinforced decision substantially led the of in commitment to we stimulus proactive believe off to dealers their all we stimulus obviously EBITDA. But June, revenue a business. dealers form adjusted second XX% also When reduced Our off form that and other will to May financial advocacy. product April at a our our and of stepped and long customer combined XX% quarter of and our support, challenging
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solutions even from further to our organic an of traffic Our and continues us others. important distinction diversified range between And be Cars.com competitors. differentiates digital
performed pandemic make April, pleased how we suffered have is been will how yet sales encouraging. under how across auto Nevertheless, to prudent To strategy affect I manage poised very sales national business in to the and put demand first overall nation But March become volatility and the our the our with not business. for trends emerge environment well to in cars our it to market and the predictions car a car our today. strengths recent circumstances, are and While model perspective, through unique volatile industry position in and the us about definitive from April leader. highlight core quarter should
XX.X a sales extraordinary XX% X.X March in and SAAR million the of car with the of year from the to year. units. This drop million projected April, started XX.X million an New fell in beginning
exceeding XX% April expectations. units. vehicle car of X.X by XXX% bottom. is beginning to June increase since XX% rebounded By expectations. had average used million a year-over-year, volume by in Bear transaction Used million, per rebounded have year at most rebound dropping June, prices. Used auction sales March demand, Industry units. increased a February, mind up of sales supply SAAR well a below combination have dealer in revenues new time, in the units have high At used a led led in to in XX car vehicle reflect increase same million in car which that to up all-time similar XX% and low X.X demand supply X.X January level sales and year-over-year to X% year-over-year pace tight before inventories, the also considerations and values. New from and averaged sales in an X.X% car the new in seen June's car prices. highs month million to
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second traffic SEO consecutive SEO June XX% generation growth strong achieved and also for XXXX. SEO to with month traffic marking record-breaking June, We our compared with lead of
search of up our new traffic Mobile the our from results. XX% total XX% into all quarter marketing SEO XX.X record a large shown resilience year audience entries brand of website tools dependent spending, strength the our measures our grew million the and unmatched car quarterly quarter aren't position of speaks to traffic, increased competitors, our performance which as conditions. with Second leading Instead, a we traffic performed entries brand, as we have to reduced And traffic. to XXXX ago. clicking build X notably, set on well by We core on in conversion compared quality organic to paid marketing solely Unlike buying strong lead and to of XX% attract delivered powerful our editorial this consumer despite market XXXX. of second to be on momentum. content many engine traffic well,
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showed prior and four highest than rate year the of retention In rate months a ago. the fact, higher one July
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the In support home fact, shows rapidly of advancing execute are research some internal dealers least our want purchase and parts XX% delivery. to auto shoppers to of approximately at online,
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provide few more Sonia will minutes. color in a
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our approach Now mission inequality quarter, belonging I and would many of like further have and the in In inclusion. taken has have and local conspicuous to examples Diversity, to inclusion address injustice. Cars' Cars country strategy. actions communities. diversity industry In company, our again our this faced and in and continuing months, we recent long proactive of social and our been even part sustainable racial
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