CARG News and Press, CarGurus Inc. From 07/27/22

CAMBRIDGE, Mass., July 27, 2022 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced it has hired Javier Zamora as its General Counsel. In this role, Zamora will report to CEO Jason Trevisan and ...

CAMBRIDGE, Mass., July 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2022, after the close of ...

Shares of CarGurus have skidded after the company's latest Q1 earnings release. The company reported margin drops and disappointing Q2 EPS guidance, owing to major acquisitions and the launch of Instant Max Cash Offer. Its high-margin marketplace business, meanwhile, may be slippi...

CarOffer (NASDAQ:CARG) has launched the first national non-affiliated online pre-owned vehicle exchange desk, PremiumXchange™. PX will allow dealers to exchange vehicles with one another across the country at prices set by the dealers themselves. Identifying these trade scenarios insta...

ADDISON, Texas, June 06, 2022 (GLOBE NEWSWIRE) -- CarOffer, the fast-growing pre-owned vehicle trading innovator and part of the CarGurus network (Nasdaq: CARG), today announced it has launched the first national non-affiliated online pre-owned vehicle exchange desk, PremiumXchange™ ...

In a competitive market for online auto sales, Oppenheimer notes CarGurus (NASDAQ:CARG) and ACV Auctions (NASDAQ:ACVA) are accelerating faster than their peers. After expert checks performed on Tuesday, a team of analysts led by Jed Kelly reported that digital car sales continue to gain momen...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

CAMBRIDGE, Mass., May 25, 2022 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced the rollout of CarGurus Instant Max Cash Offer to five additional states – Nevada, Utah, New Mexico, Colo...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

AutoNation is expanding its store locations across the US, increasing the sourcing of used vehicles and growing post-sales revenues. Carvana took advantage of the Covid pandemic to increase sales and earnings, but has taken a hit from changes in post-pandemic buying patterns. The ...