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Stock impact report

CarGurus Report Shows Automotive Affordability Continues to Drive the Market

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: GlobeNewswire
With tariffs going into effect, report uncovers trends in new car supply, consumer demand, and pricing—plus opportunities where shoppers can still find savings BOSTON, April 02, 2025 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its Quarterly Review for Q1 2025. The report provides a view into the key trends influencing pricing, inventory, and demand for new and used vehicles so far this year, along with factors that could impact the road ahead. “It’s no secret that the first quarter has been dominated by tariff news,” said Kevin Roberts, Director of Economic and Market Intelligence at CarGurus. “Steady consumer purchase patterns for most of the first quarter suggest a market that was in wait-and-see mode. But a shift in urgency has taken hold as impending tariffs on auto imports—which account for nearly half of new listings—start to take effect, influencing an uptick in Show less Read more
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