CarGurus

CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars

CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars
CarGurus Slumps, Company Sees Slowing Q3 Sales, Reduced Demand for Cars
August 09, 2022  |  Retail

Shares of online automotive platform CarGurus fell as much as 15% in extended trading Monday (Aug 8) after the Cambridge, Mass-based company said its sales...

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Paycheck-to-Paycheck Consumers Could Put Brakes on Replacing Their Aging Rides
Paycheck-to-Paycheck Consumers Could Put Brakes on Replacing Their Aging Rides
May 23, 2022  |  Economy

The fundamental principle of economics, of business in general, boils down to matching supply with demand. Get the Full Story Complete the form to unlock...

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CarGurus Launches Digital Platform to Connect Dealers With Shoppers
CarGurus Launches Digital Platform to Connect Dealers With Shoppers
May 11, 2022  |  eCommerce

Online vehicle platform CarGurus has debuted CarGurus Digital Deal, a new retail offering that allows shoppers create personalized deals that meet their budgetary needs through...

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Rubber Meets Road as Online Car Firms Tweak Businesses Amid Macro Headwinds
Rubber Meets Road as Online Car Firms Tweak Businesses Amid Macro Headwinds
May 10, 2022  |  Earnings

Dig into the broad themes of the connected economy, and there are some truisms. Get the Full Story Complete the form to unlock this article...

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CarGurus Hits Connected Economy Speed Bump as US Monthly Users Slide 15% 
CarGurus Hits Connected Economy Speed Bump as US Monthly Users Slide 15% 
May 09, 2022  |  eCommerce

Growth, yes, in the rearview mirror, and growth still lies ahead, for CarGurus — certainly on the company’s top line. Get the Full Story Complete...

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Today In Retail: Adidas Leans on Partnerships; UK Retail Stores Prepare for Amazon’s Entry
Today In Retail: Adidas Leans on Partnerships; UK Retail Stores Prepare for Amazon’s Entry
October 08, 2021  |  Retail

In today’s top retail news, Adidas is relying on partnerships for fresh revenue and a path toward a more digital business, while brick-and-mortar retail in...

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CarGurus Expands Instant Max Cash Offer to More US Markets
CarGurus Expands Instant Max Cash Offer to More US Markets
October 08, 2021  |  Retail

CarGurus on Friday (Oct. 8) announced it is expanding its Instant Max Cash Offer digital retailing feature to 11 new states and Washington, D.C., enabling...

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CarGurus Launches Tool To Bring Dealers, Buyers Together
CarGurus Launches Tool To Bring Dealers, Buyers Together
July 30, 2021  |  Retail

Car dealers need used vehicles. Car buyers want to sell, but they’re not crazy about walking into a dealership. Enter CarGurus, which debuted a service...

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CarGurus Approaching Pre-COVID Levels, Looks To Enable Fully Online Transactions
CarGurus Approaching Pre-COVID Levels, Looks To Enable Fully Online Transactions
February 12, 2021  |  Retail

The newly installed CEO of CarGurus said Thursday (Feb. 11) the online automotive marketplace left 2020 with good momentum, citing increased subscription and average revenue...

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