Executives at vehicle listings company CarGurus Inc. remain bullish about its wholesale digital trading platform CarOffer, despite a fourth-quarter loss in the newly called out reporting segment of ...

Shares of online auto marketplace CarGurus (NASDAQ:CARG) fell 19.4% in the afternoon session after the company had a rough Q4 2024, with revenue and next-quarter guidance falling short of expectations ...

CarGurus, which in 2021 acquired a 51% stake in CarOffer, said last month it would be acquiring the remaining stakes in the digital wholesale platform. That acquisition is now complete. And with this ...

CarGurus, a leading online automotive marketplace, faces growth challenges due to market normalization, intense competition, and reliance on SEO for traffic. The company's acquisition of CarOffer has ...

CarGurus is undervalued at 8x forward EBITDA, offering growth at a reasonable price. Q2 results showed accelerating revenue growth, margin expansion, and strong guidance, despite the stock's ...

CarGurus continues to build relationships with finance companies, with the newest one connected with a provider that caters in part to the subprime market. On Tuesday, the online automotive ...

The third car Electric Classic Cars converted was a Ferrari 308. The 308 was the Italian automaker's successor to the Dino, ...

CAMBRIDGE, Mass., May 10, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1, today announced ...