News & Videos - CARGURUS INC.

The “Big Deal” campaign pays tribute to the momentous experience of car shopping, along with the trusted digital tools from CarGurus that help consumers find the best deal on their big deal BOSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), the fastest-growing automotive shopping site in Canada 1 , today announced the launch of its latest national brand campaign, “Big Deal”, recognizing the important role cars play in people’s lives. The new spots empathize with...

Q4’24 Marketplace revenue grew 15% YoY Q4’24 International revenue grew 26% YoY and OEM Advertising revenue grew double-digit YoY Q4'24 Consolidated GAAP Net Income of $45.9 million; Q4'24 Non-GAAP Consolidated Adjusted EBITDA of $76.4 million, up 25% YoY BOSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the fourth quarter and year...

BOSTON, Feb. 06, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , announced it will issue a press release reporting financial results for the fourth quarter and fiscal year ended December 31, 2024, after the close of the market on February 20, 2025. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time...

The “Big Deal” campaign pays tribute to the momentous experience of car shopping, along with the trusted digital tools from CarGurus that help consumers find the best deal on their big deal BOSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), the No. 1 visited site for shopping, buying, and selling new and used cars 1 , today announced the launch of its latest national brand campaign, “Big Deal”, recognizing the important role cars play in people’s lives and the...

BOSTON, Jan. 08, 2025 (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 that Elisa Palazzo, Chief Financial Officer, is scheduled to participate in a fireside chat at the 27 th Annual Needham Growth Conference on Wednesday, January 15, 2025, at 11:45 AM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company’s website at...

Seventh annual survey finds consumer satisfaction and buying power on the rise as shoppers increasingly tap the power of online tools to research and guide their decisions BOSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today released its seventh annual U.S. Consumer Insights Report 2 , examining shopper trends along the car buying and selling journey. Findings show...

Looming tariffs, questions on the future of electric vehicle tax credits, and ongoing affordability pressures stand to influence new and used pricing and demand BOSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles¹, today released its 2024 Recap & 2025 Outlook, spotlighting this year’s biggest market influences, as well as expectations for the next year. “If 2024 had one defining...

BOSTON, Nov. 12, 2024 (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 that Elisa Palazzo, Chief Financial Officer, is scheduled to participate in a fireside chat at RBC’s 2024 Global Technology, Internet, Media and Telecommunications Conference on Tuesday, November 19, 2024 at 4:00 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the...

Q3'24 Marketplace revenue further accelerated to 15% YoY Consolidated GAAP Net Income of $22.5 million 1 , up 19% YoY; Non-GAAP Consolidated Adjusted EBITDA of $64.9 million, up 33% YoY CarGurus' Board of Directors authorized $200.0 million share repurchase program for fiscal year 2025 BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the...

BOSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the fastest-growing automotive shopping site in Canada 1 , today introduced a new digital retail solution that powers more seamless and efficient connections between dealers and purchase-ready shoppers in Canada. CarGurus Digital Deal enables consumers to start their financing application online for eligible new and used vehicles, book an appointment, and start a trade-in before completing the process at the dealership. “By...

BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , announced it will issue a press release reporting financial results for the third quarter ended September 30, 2024, after the close of the market on November 7, 2024. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on November 7,...

As the anchor tenant at 1001 Boylston St., CarGurus debuts state-of-the-art space designed to maximize connectivity, collaboration, and innovation BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today marked the opening of its new global headquarters in Boston’s Back Bay neighborhood. Located at 1001 Boylston Street, the new office underscores CarGurus’ commitment to...

Known for his confidence and ability to deliver under pressure, the former NFL quarterback and auto enthusiast is coaching today’s drivers in new digital campaign BOSTON, Oct. 15, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today launched a new campaign with NFL legend Drew Brees focused on helping today’s drivers feel even more confident and prepared during the car buying and selling...

Analysis of third quarter trends also highlights hybrid demand overtaking electric vehicles, the ongoing balance between new car inventory and sales, and more BOSTON, Oct. 08, 2024 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today released its Quarterly Review for Q3 2024, identifying areas of opportunity as the consumer need for affordability becomes more pronounced. “As we near the end...

Hanson brings more than 20 years of experience specializing in organizational design, employee engagement, and workplace culture CAMBRIDGE, Mass., Sept. 16, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced that Jennifer Hanson has been appointed Chief People Officer (CPO), effective September 30, 2024. With more than 20 years of experience in human resources (HR), employee...

Growth leader brings nearly 20 years of experience driving customer sales, service, and partnership strategy for online marketplace businesses CAMBRIDGE, Mass., Sept. 03, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced the appointment of Mike O’Hanlon as Chief Revenue Officer (CRO), effective September 3, 2024. With deep experience driving customer growth and retention...

CAMBRIDGE, Mass., Aug. 29, 2024 (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 that Elisa Palazzo, Chief Financial Officer, is scheduled to participate in a fireside chat at Citi's 2024 Global TMT Conference on Thursday, September 5, 2024 at 3:00 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company’s website at...

Two new award categories announced in celebration of the program’s milestone year CAMBRIDGE, Mass., Aug. 14, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today released its 10 th annual Top Dealer Awards 2 recognizing dealerships that provide shoppers with exceptional service, guidance, and support. To commemorate the program’s milestone anniversary, CarGurus has introduced two new award...

Q2'24 Marketplace revenue accelerated to 14% YoY, marking the third consecutive quarter of double-digit growth Consolidated GAAP Net Loss of $68.7 million 1 ; Non-GAAP Adjusted EBITDA of $55.6 million, up 23% YoY Repurchased $61 million worth of shares in 2Q'24, representing 2.5% of our outstanding capital CAMBRIDGE, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today...

CAMBRIDGE, Mass., July 18, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , announced it will issue a press release reporting financial results for the second quarter ended June 30, 2024, after the close of the market on August 8, 2024. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on August 8,...