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Stock impact report

AutoNation And Carvana: A Tale Of Two Auto Retailers [Seeking Alpha]

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: Seeking Alpha
Hispanolistic/E+ via Getty ImagesAmericans love their automobiles. Theautomotive industryF) Model T in the early 1900’s.Model T production line(Brittanica automotive history)Over the past 100 years and especially in the second half of the 20More recently, the US auto industry suffered another crisis from 2008 to 2010 due to the economic downturn that we now refer to as the Great Recession. As a result, and since that time the auto industry has become much more globalized. For example,Chrysler CorporationIn January 2021,Fiat ChryslerGroupe PSAStellantisThe NetherlandsHow do Americans Buy Cars?Auto retailers generally fall into two broad categories now - those that own physical dealerships, like AutoNation (NYSE:ANCVNAThe trend toward a more global supply of automobile manufacturers has led to auto retailers diversifying their offerings. No longer is it necessary to go to a Ford dealership to buy a new car from Ford. The changes in the auto industry that led to the Big 3 losing sales an Show less Read more
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