Hybrid sales surge as automakers recalibrate electrification strategies [Los Angeles Times (CA)]
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: Los Angeles Times
However, after federal purchase incentives expired at the end of September, those models have been tough to move at his company's 50 or so Midwest stores selling about 20 different brands, from Mitsubishi to Mercedes-Benz. But buyers aren't necessarily turning to gas guzzlers. On Kunes' lots, hybrid vehicles are in high demand, a preference that's playing out across the country. While fully electric cars and trucks made up 10% of all auto sales in the U.S. in the third quarter, another 15% of transactions were for hybrid vehicles. The EV market is slowing in the US, but analysts expect hybrid sales to continue accelerating. CarGurus Inc., a digital listings platform that covers most of the U.S. auto market, predicts nearly one in six new cars next year will be a hybrid, as automakers green-light more and better machines with the technology. And though these cars and trucks will still burn gas, they will quietly move the needle on both transportation emissions and the transition to
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CARG
News
- CarGurus to Present at the 28th Annual Needham Growth ConferenceGlobeNewswire
- CarGurus (NASDAQ:CARG) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=CARG&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a>MarketBeat
- 1 Momentum Stock to Target This Week and 2 Facing Headwinds [Yahoo! Finance]Yahoo! Finance
- CarGurus (NASDAQ:CARG) had its "buy" rating reaffirmed by analysts at BTIG Research.MarketBeat
- Reddit Investors Have No Faith in Used Car Stocks | CVNA CARS CARG [Yahoo! Finance]Yahoo! Finance
CARG
Earnings
- 11/6/25 - Beat
CARG
Sec Filings
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- 1/6/26 - Form 4
- CARG's page on the SEC website