Offering car dealers and shoppers value beyond the leads it has traditionally delivered is paying off for digital auto platform CarGurus. The company’s fastest-growing product...
Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run...
For online car platforms, the road to profitability has been volatile and oftentimes elusive. “Inventory’s been lumpy, aging and — in the age of (still)...
CarGurus has been rolling out new artificial intelligence (AI) features to give both dealers and consumers the information they’re looking for. With these offerings, the...
Chase has joined CarGurus’ multilender financing platform, expanding options for consumers looking to prequalify for auto financing online. The bank joins Capital One, Global Lending Services and Westlake Financial as a participating lender...
For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive. Inventory’s...
Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment. CarGurus executives said Tuesday (Nov. 7) during...
One day’s surge on Wall Street may be a blip, or it may be an omen. Shares of Carvana rocketed up more than 16% Tuesday (May 30)....
For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror....