One-Month Tariff Reprieve Creates Opportunity For Auto Shoppers [Forbes]

CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: Forbes
AFP via Getty Images U.S. automakers were granted a one-month reprieve from tariffs on vehicles imported from Canada and Mexico, President Donald Trump announced Wednesday. Trump agreed to the pause at the request of General Motors Co., Ford Motor Co. and Stellantis, White House press secretary Karoline Leavitt told reporters during an afternoon briefing. “The president is giving them an exemption for one month so they are not at an economic disadvantage,” Leavitt told reporters. Reciprocal tariffs, however, will go into effect on April 2, she said. That action in effect, fires a starting gun for consumers in the market for a new car or truck to get off the starting line of their search and make a decision. That's because the effect
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News
- 3 Stocks Under $50 Skating on Thin Ice [Yahoo! Finance]Yahoo! Finance
- Tesla Used Car Price Crashes – Model Y, Model 3 Deals Explode [Forbes]Forbes
- Car prices expected to increase by as much as $12,000 thanks to Trump's tariffs [Verge, The]Verge, The
- Latest CarGurus Brand Campaign Celebrates Life’s Big Deal Moments, Like Buying a CarGlobeNewswire
- CarGurus, Inc. (NASDAQ: CARG) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $44.00 to $42.00. They now have an "outperform" rating on the stock.MarketBeat
CARG
Earnings
- 2/20/25 - Beat
CARG
Sec Filings
- 3/7/25 - Form 4
- 3/6/25 - Form 4
- 3/6/25 - Form 144
- CARG's page on the SEC website