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CarGurus Finalizes Acquisition of CarOffer

Auto sales platform fully absorbs Texas-based digital automotive wholesale business.

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CarGurus Agrees to Fully Acquire CarOffer

Accelerated purchase of remaining stake in the digital wholesale marketplace meant to bolster growing synergies between the two companies.

Used-Car Prices on Downward Slope

Analysts cite larger inventories, higher interest rates and economic uncertainty as the reasons.

EV Prices Continue Upward Trend

CarGurus.com reveals the average listing price for a new electric vehicle stood just under $60,000 at the end of June, marking a 13% increase since February.

CarOffer Launches PremiumXchange™, Creating the Largest Non-Affiliated Online Pre-Owned Vehicle Exchange Desk in the U.S.

Over 10,000 enrolled dealerships enabled to exchange vehicles at pre-determined prices.

More Consumers than Ever Considering EV Purchase

A study by CarGurus Inc. released this week finds Americans may need less encouragement than originally believed to make the switch to electric cars and trucks.

Study Reveals Desire for More Car Financing Information Earlier in Shopping Journey

CarGurus survey shows more education and awareness needed around auto loan literacy.

CDK Global, CarGurus Partner on New Marketing Solutions

HOFFMAN ESTATES, Ill. — CDK Global today announced a strategic relationship with online automotive marketplace CarGurus. Through this collaboration, users of CDK websites will gain exposure for their inventory on CarGurus.com as well as leads from CarGurus shoppers. CDK will also leverage CarGurus’ anonymized, aggregated data in its suite of automotive digital marketing solutions, allowing ... Read More »

Texas DMV Closes Case Against CarGurus

AUSTIN, Texas — On Monday, the Texas Department of Motor Vehicles Enforcement Division determined that CarGurus’ online advertisements are now in compliance with state law — after the vehicle-shopping site revised its practices. In April, the Texas DMV issued a letter to CarGurus advising that the way it lists used-car prices on its website violated ... Read More »

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Texas DMV Halts Plan to Fine Dealers with CarGurus Listings

AUSTIN, Texas — After the Texas Department of Motor Vehicles Enforcement Division took a call from shopping site CarGurus on April 30, the department hit the brakes on its plan to fine dealers who have listings on the CarGurus website. As part of an agreement reached over the phone, CarGurus must submit suggested revisions to ... Read More »

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