CarGurus Continues to Support U.S. Dealers with Rate Reductions for June
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: GlobeNewswire
CAMBRIDGE, Mass., April 29, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global automotive marketplace, today announced a comprehensive 20% rate reduction for the month of June for its subscribing dealerships in the United States. CarGurus was the first among the major U.S. online automotive marketplaces¹ to offer discounts to dealers for April and has continued to offer discounts for May and now June. The June discount is intended to provide extended cost relief, enabling dealers in the U.S. to continue to connect with shoppers on the CarGurus platform and benefit from pent-up demand heading in to summer. An April survey by CarGurus showed that 73% of U.S. car shoppers surveyed say they plan to buy a car in 2020. Among those shoppers, 49% plan to purchase a vehicle in the next three months and only 8% of those who were planning to buy in 2020 before the pandemic said they were delaying their purchase indefinitely. “We’ve seen tremendous resilience from our subs
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- CarGurus, Inc. (NASDAQ: CARG) had its price target raised by analysts at Royal Bank of Canada from $30.00 to $42.00. They now have an "outperform" rating on the stock.MarketBeat
CARG
Earnings
- 11/7/24 - Beat
CARG
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- CARG's page on the SEC website