News Releases

First Quarter Highlights: Total revenue of $157.7 million , an increase of 17% year-over-year GAAP operating income of $12.0 million; non-GAAP operating income of $25.1 million GAAP net income of $12.7 million; non-GAAP net income of $22.1 million Adjusted EBITDA of $27.6 million CAMBRIDGE, Mass.

CAMBRIDGE, Mass. , May 05, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced a 20% rate reduction for the month of June for its subscribing dealerships in Canada . CarGurus was first among the major Canadian online automotive marketplaces 1

Canadians Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage CAMBRIDGE, Mass. , May 01, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today released its Canadian COVID-19 Sentiment Study.

CAMBRIDGE, Mass. , April 29, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced a comprehensive 20% rate reduction for the month of June for its subscribing dealerships in the United States . CarGurus was the first among the major U.S.

Consumers Intend to Purchase Vehicles and Decrease Ride-Hailing Service Usage CAMBRIDGE, Mass. , April 28, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today released its COVID-19 Sentiment Study. As COVID-19 disrupts several industries like

CAMBRIDGE, Mass. , April 23, 2020 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a leading global automotive marketplace, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2020 , after the close of the market on May 7, 2020 .

New Features Enable Shoppers and Dealerships to Safely Connect Amid COVID-19 CAMBRIDGE, Mass. , April 15, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced new digital safety and convenience features in its effort to support dealerships and

CAMBRIDGE, Mass. , April 02, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced its continued support for dealers in the U.S. and Canada as the COVID-19 situation continues to impact automotive retail.

CAMBRIDGE, Mass. , March 18, 2020 (GLOBE NEWSWIRE) -- Today CarGurus issued the following letter to shareholders. Dear Shareholder, As we evaluate the impact of COVID-19 on consumers, dealers, and our own employees, we are proactively taking steps to provide our key stakeholders with our unwavering

Leading Automotive Shopping Site Recognizes Canadian Dealerships with Highest Shopper Ratings CAMBRIDGE, Mass. , March 04, 2020 (GLOBE NEWSWIRE) -- CarGurus  today announced its fourth annual list of CarGurus Top Rated Dealers in Canada . These awards are presented to car dealerships that received