CarGurus Study Reveals Shifting Consumer Preferences as Automotive Landscape Evolves and Costs Remain Elevated
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: GlobeNewswire
CAMBRIDGE, Mass., March 25, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its sixth annual U.S. Consumer Insights Report, revealing how shoppers’ habits have shifted in response to an automotive market where interest rates and costs continue to be elevated; selection is growing; and there are more opportunities to do more from home. The survey of recent car purchasers and/or sellers2 examines factors influencing why and where people buy and sell, as well as their preferences to navigate some—or all—portions of a transaction online. For a complete picture of the buy/sell journey, the survey also considered sentiment after the transaction. Leading findings include: Vehicle reliability and costs were more important to consumers compared to prior years. While vehicle costs and reliability remain the dominant factors influencing decisions, more shoppers today are
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News
- 1 Unstoppable Stock That's Skyrocketed Nearly 1,400% Since the Start of 2023: Don't Buy and Hold Until You Know These 3 Risks [Yahoo! Finance]Yahoo! Finance
- CarGurus To Report First Quarter 2024 Financial ResultsGlobeNewswire
- CarGurus, Inc. (NASDAQ: CARG) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- The five-year shareholder returns and company earnings persist lower as CarGurus (NASDAQ:CARG) stock falls a further 4.2% in past week [Yahoo! Finance]Yahoo! Finance
- CarGurus: Repositioned For Growth [Seeking Alpha]Seeking Alpha
CARG
Earnings
- 2/26/24 - Beat
CARG
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- CARG's page on the SEC website