CarGurus Study Finds Several Bright Spots for Canadian Auto Sector During COVID-19
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: GlobeNewswire
CAMBRIDGE, Mass., May 01, 2020 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today released its Canadian COVID-19 Sentiment Study. As COVID-19 disrupts several industries like automotive retail, this analysis looks into the specific segment of those consumers who either planned on purchasing a vehicle before the pandemic hit and/or those that are now planning on purchasing a vehicle since then. The Canadian CarGurus COVID-19 Sentiment Study delved into a variety of automotive topics, including shoppers’ thoughts on when they plan to buy their next vehicle, and their opinions on both contactless dealership services amid COVID-19, as well as when they will schedule regular vehicle maintenance servicing. In addition, the major findings from the study include: Only 6% of those who had planned to purchase a vehicle this year before the pandemic have now delayed their plans indefinitely. 51% of those who previously used ride-sharing/taxis
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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