News Releases

  • December 4, 2023
    CAMBRIDGE, Mass. , Dec. 04, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles 1 , today announced it has completed the acquisition of CarOffer , purchasing the remaining minority equity interests for $75
  • November 9, 2023
    CAMBRIDGE, Mass. , Nov. 09, 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 that Jason Trevisan , Chief Executive Officer, is scheduled to participate in fireside chats at the
  • November 7, 2023
    To bolster growing synergies between the two companies, CarGurus accelerates purchase of remaining stake in the digital wholesale marketplace CAMBRIDGE, Mass. , Nov. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new
  • November 7, 2023
    Marketplace revenue growth accelerated to 8% YoY in the third quarter with similarly high single-digit YoY growth expected in the fourth quarter GAAP consolidated net income was $19.0 million ; Consolidated Adjusted EBITDA was $48.6 million , exceeding high-end of guidance range UK business
  • October 30, 2023
    Seasoned investment and finance operations leader brings deep experience in the technology sector, with a focus on online marketplaces CAMBRIDGE, Mass. , Oct. 30, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used
  • October 18, 2023
    Hallowell brings over 20 years of experience leading the transformation of the industry’s largest platforms to meet shifting market needs CAMBRIDGE, Mass. , Oct. 18, 2023 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and
  • October 17, 2023
    CAMBRIDGE, Mass. , Oct. 17, 2023 (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 th ,
  • August 9, 2023
    GAAP consolidated net income was $13.8 million ; Consolidated Adjusted EBITDA was $45.2 million , exceeding high-end of guidance range Digital Wholesale demonstrated ongoing efficiency in operating metrics Digital Deal adoption reaches 2,900 dealers with over 250,000 digitally-enabled listings
  • August 7, 2023
    CAMBRIDGE, Mass. , Aug. 07, 2023 (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 th , 2023,
  • August 3, 2023
    CAMBRIDGE, Mass. , Aug. 03, 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 that it will delay its second quarter 2023 earnings release and conference call, previously