Tariffs Sparking Pressure To Sell, Possible Dealer Consolidation [Forbes]
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: Forbes
Ed Garsten There's no time to waste to move the 60-to-90 days supply of cars and trucks on lots of the 22 franchises in the . CEO Ryan Rohrman figures one the 25% import tariffs kick in on Thursday it will take two or three weeks before vehicles arrive that will cost more than those already on the ground. The game plan for the Lafayette, Indiana-based dealer group? Sell as many pre-tariff cars as possible, says Rohrman, since he's hearing the prices for vehicles subject to the tariffs will increase five-to-10%. Ryan Rohrman, CEO, Rohrman Automotive Group, based in Lafayette, Indiana. ... More Rohrman Automotive Group “If the average car right now is just shy of $40,000 you're looking at potentially up to, like a $3,500- to-$4,000 price increase,” said Rohrman, in an interview. “With the margins that we have on cars that would be very hard to sell if I have a pre-tariff car on the lot that's the same. I can't have a pre-tariff car compete with the same exact car that's $4,00
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News
- Reddit Investors Have No Faith in Used Car Stocks | CVNA CARS CARG [Yahoo! Finance]Yahoo! Finance
- 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
CARG
Earnings
- 11/6/25 - Beat
CARG
Sec Filings
- 12/17/25 - Form 4
- 12/16/25 - Form 144
- 12/10/25 - Form 4
- CARG's page on the SEC website