CARG CarGurus Class A

CarGurus Receives Two “Top Rated” DrivingSales Dealer Satisfaction Awards

CarGurus Receives Two “Top Rated” DrivingSales Dealer Satisfaction Awards

Ranked #1 in Dealer Satisfaction for Both New and Used Car Advertising

CAMBRIDGE, Mass., Feb. 18, 2020 (GLOBE NEWSWIRE) -- CarGurus, (Nasdaq: CARG) a leading automotive marketplace, today announced it received “Top Rated” Awards for both New Car and Used Car Advertising in the tenth annual DrivingSales Dealer Satisfaction Awards. CarGurus received a top dealer satisfaction ranking in both the new and used car leads categories, as determined by the thousands of auto dealers who are part of the DrivingSales.com community. 

"For the fifth consecutive year, CarGurus is proud to have won Dealer Satisfaction Awards for both our new and used car advertising products," said Ashley Karr, Vice President of B2B Marketing at CarGurus. "This is a tremendous honor and we will strive to continue to earn the trust of the DrivingSales community as we find ways to help improve dealerships’ businesses.”

CarGurus is the most visited online automotive marketplace in the U.S.*, and its innovative technology enables dealers to connect ready-to-buy shoppers with their inventory.  CarGurus’ proprietary Deal Ratings combined with Dealer Reviews yield high-quality shopper connections and increased exposure for dealers' inventory. This includes providing access to digital tools that give dealerships control over pricing, branding and performance.

“We congratulate CarGurus on receiving two ‘Top Rated’ Awards, accolades that we consider to be some of our industry’s most important because they come directly from dealers,” said DrivingSales CEO and Founder Jared Hamilton. “In our tenth year of presenting these awards, we feel especially proud that DrivingSales Vendor Ratings continue to help dealers make smart and informed decisions through thousands of peer reviews that lead them to outstanding service providers such as CarGurus. We’re thrilled CarGurus has been recognized as one of the best by the people to whom their services count the most: the dealer community.”

The DrivingSales Dealer Satisfaction Awards measure dealer satisfaction with vendor products and services, and are based on cumulative ratings tallied and verified over the calendar year (January – December) at /vendor-ratings. DrivingSales Vendor Ratings is the industry’s only neutral, comprehensive vendor rating forum featuring real-time peer reviews and honest competitor comparisons, and provides dealerships with important information from actual customers who have hands-on experience using vendor products / solutions in their stores. DrivingSales has a dedicated team that goes through each review and confirms that it was left by an actual dealership employee.

* Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q4 2019, U.S. (Competitive set includes: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)

Full award results are available online at .

About CarGurus

CarGurus is a global online automotive marketplace that uses proprietary technology, search algorithms, and data analytics to bring trust and transparency to the automotive search experience and help users find great deals on new and used cars from top-rated dealers. Founded in 2006 by Langley Steinert (also a co-founder of TripAdvisor), CarGurus is the most visited automotive shopping site in the U.S. (source: Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q4 2019, U.S. (Competitive set includes: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)). In addition to the United States, CarGurus operates online marketplaces in Canada, the United Kingdom, Germany, Italy, and Spain. CarGurus also owns and operates as independent brands PistonHeads and Autolist in the U.K. and U.S., respectively. To learn more about CarGurus, visit CarGurus® is a registered trademark of CarGurus, Inc.

About DrivingSales

DrivingSales is a professional network serving the auto industry with dealer-driven news and information, online training, and performance data, all to enable dealers to make critical business decisions at their dealerships. DrivingSales’ mission is to connect progressive dealership professionals to the people and information they need to maximize their success. Founded by a third-generation car dealer, and opened up to the industry in 2008, today DrivingSales has registered users in over 50% of new car dealerships in the US and is active in several other countries around the globe. To learn more about the DrivingSales community, training or performance analytics visit DrivingSales.com, hcm.drivingsales.com and DrivingSalesData.com

CarGurus Media Relations: Brian Kramer,

DrivingSales Media Relations: Brinley Nielsen,

EN
18/02/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CarGurus Class A

 PRESS RELEASE

CarGurus To Report First Quarter 2024 Financial Results

CarGurus To Report First Quarter 2024 Financial Results CAMBRIDGE, Mass., April 18, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2024, after the close of the market on May 9, 2024. CarGurus will host a conference call and live webcast to discuss those financial results for investors and analysts at 5:00 p.m. Eastern Time on May 9, 2024. To access the conference call, dial (877...

 PRESS RELEASE

Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Dem...

Hope on the Horizon: CarGurus Q1 2024 Report Reveals Inventory and Demand are Rebounding as Prices Improve Pent-up shopper demand contributing to year-over-year rise in sales, with buyers increasingly searching for more affordable options CAMBRIDGE, Mass., April 08, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its Quarterly Review for Q1 2024, giving buyers, sellers, and dealers a view into the key trends influencing pricing, inventory, and demand for new and used vehicles so fa...

 PRESS RELEASE

CarGurus Study Reveals Shifting Consumer Preferences as Automotive Lan...

CarGurus Study Reveals Shifting Consumer Preferences as Automotive Landscape Evolves and Costs Remain Elevated Sixth annual survey finds factors like car price, reliability, and ongoing costs will matter even more to shoppers this year - with a lasting shift in the desire to handle more from home CAMBRIDGE, Mass., March 25, 2024 (GLOBE NEWSWIRE) -- (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 au...

Cargurus Inc: 3 directors

Three Directors at Cargurus Inc sold/sold after exercising options 63,583 shares at between 22.130USD and 22.220USD. The significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the ...

 PRESS RELEASE

CarGurus Announces Fourth Quarter and Full-Year 2023 Results

CarGurus Announces Fourth Quarter and Full-Year 2023 Results 4Q’23 Marketplace Revenue further accelerated to 10% YoY, fastest pace in 10 quarters 4Q'23 Consolidated Net Loss of $(22.6) million, down 197% YoY; 4Q'23 Non-GAAP Consolidated Adjusted EBITDA of $61.2 million, up 120% YoY Repurchased $99.9 million worth of shares in 4Q’23 and a total of $204.1 million worth of shares in FY 2023 CAMBRIDGE, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch