CarGurus

CarGurus, Vroom Show Connected Car’s Journey Starts at Point of Sale
CarGurus, Vroom Show Connected Car’s Journey Starts at Point of Sale
March 01, 2023  |  Earnings

There are plenty of bumps in the road for auto sales. Inventory is improving but is still constrained, and inflation continues to keep car prices...

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CarGurus Slammed By Falling Used Car Demand and Prices
CarGurus Slammed By Falling Used Car Demand and Prices
November 08, 2022  |  Earnings

Drops in both demand and unit prices in the used car market contributed to unexpected weakness in CarGurus’ latest results, executives said Tuesday (Nov. 8)...

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Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....

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Online Car Platforms Busy Retooling in the Connected Economy as Growth Slows
Online Car Platforms Busy Retooling in the Connected Economy as Growth Slows
August 15, 2022  |  Commerce Connected

The stocks of online car companies have been volatile, to say the least. Double-digit swings (up and down) have been the norm over the past...

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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. If the scales are out of whack, so to...

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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. How we buy — indeed even how we choose what to...

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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. But for the online auto...

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