CarGurus Examines 2024 Auto Market Influences and Expectations for 2025 Following a Year Defined by Affordability
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: GlobeNewswire
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 theme, it would be affordability. As consumers became more price conscious in response to high interest rates and stubbornly high prices, demand for used vehicles—especially Certified Pre-Owned Vehicles—grew significantly,” said Kevin Roberts, Director of Economic and Market Intelligence at CarGurus. “Affordability will continue to influence the market in the year ahead, especially as we consider the potential impacts on vehicle pricing in light of proposed tariffs and the possible end of the elec
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News
- CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection Improve [Yahoo! Finance]Yahoo! Finance
- CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection ImproveGlobeNewswire
- CarGurus, Inc. (NASDAQ: CARG) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $46.00 price target on the stock.MarketBeat
- The last new car you can buy for less than $20,000 — and it's going away soon [USA TODAY]USA TODAY
- Market breadth woes, Trump tariffs to hit toys: Asking for a Trend [Yahoo! Finance]Yahoo! Finance
CARG
Earnings
- 11/7/24 - Beat
CARG
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- CARG's page on the SEC website