Car prices expected to increase by as much as $12,000 thanks to Trump's tariffs [Verge, The]
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations:
investors.cargurus.com/investor-relations
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Source: Verge, The
Car prices are already at record highs, and President Donald Trump's tariffs — if they stay in place — could send them into the stratosphere. The situation remains extremely fluid, with Trump administration officials today announcing a one-month reprieve for the auto industry, according to Politico But if tariffs stay in place, sticker prices could skyrocket by as much as $12,000, according to one analysis. Dealerships could be stuck with a bunch of trucks and SUVs that no one can afford. Some models could vanish from showrooms altogether. Many of these changes won't take effect right away, as dealerships work through their vehicle stock. But the net impact could still be devastating. After an initial delay, Trump earlier this week imposed 25 percent tariffs on imports from Canada and Mexico as well as an additional 10 percent tariff on goods from China. Around 5.3 million vehicles are built in Canada and Mexico , 70 percent of which are destined for the United States. Automake
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CARG
News
- What AI means for the future of car buying, selling [CBS News]CBS News
- CarGurus (NASDAQ:CARG) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $45.00 price target on the stock.MarketBeat
- Compact Body Styles, Hybrids, and Value-Driven Used Models Powered 2025 Automotive Demand, According to CarGurusGlobeNewswire
- How the Narrative Surrounding CarGurus Is Evolving Amid Amazon Autos and Marketplace Shifts [Yahoo! Finance]Yahoo! Finance
- PriceVantage, CarGurus’ Latest AI-Powered Solution, Brings Predictive Intelligence to Vehicle Pricing DecisionsGlobeNewswire
CARG
Earnings
- 11/6/25 - Beat
CARG
Sec Filings
- 12/16/25 - Form 144
- 12/10/25 - Form 4
- 12/9/25 - Form 144
- CARG's page on the SEC website