PistonHeads

CarGurus Study Finds Rising Canadian Consumer Interest in Electric Vehicles Despite Cost, Charging Barriers

Retrieved on: 
Tuesday, August 2, 2022
Name, Algorithm, ICE, GLOBE, United Kingdom, Trust, Parity, EV, Ownership, EVS, Income, André Caroff, Adoption, PistonHeads, LLC, Commercial software, Retail, CarGurus, Hyundai, Ford Motor Company

CAMBRIDGE, Mass., Aug. 02, 2022 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced its latest Canadian consumer sentiment study on electric vehicles (EVs).

Key Points: 
  • CAMBRIDGE, Mass., Aug. 02, 2022 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced its latest Canadian consumer sentiment study on electric vehicles (EVs).
  • The CarGurus 2022 Electric Vehicle Insight Report examined consumer feedback on a variety of EV-related topics like timeline to ownership, possible barriers to adoption, and preferred brands.
  • Older shoppers showed gains in interest, too, suggesting that the target audience for EVs is expanding.
  • Despite barriers like access to charging and high costs, consumers are beginning to more seriously consider investing in electric vehicles.

CarGurus Appoints Javier Zamora as General Counsel

Retrieved on: 
Wednesday, July 27, 2022
Name, Association, Algorithm, GLOBE, United Kingdom, Pandemic, Trust, Lists of disasters, U.S. Securities and Exchange Commission, CarGurus, Ethics, Culture, Epidemic, General counsel, IP, Solution, Compliance, COVID-19, André Caroff, Leadership, Navy, Converse, PistonHeads, Security (finance), Zamora, LLC, Growth, Army, Commercial software, Public relations

CAMBRIDGE, Mass., July 27, 2022 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced it has hired Javier Zamora as its General Counsel.

Key Points: 
  • CAMBRIDGE, Mass., July 27, 2022 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced it has hired Javier Zamora as its General Counsel.
  • Im thrilled to welcome Javier to CarGurus, said Jason Trevisan, Chief Executive Officer at CarGurus.
  • With CarGurus transforming business, Zamora will offer his expertise as both an attorney and leader as the company scales in scope and complexity.
  • Im excited to join CarGurus at such a pivotal time of growth for the company and am eager to be part of our journey to evolve the car-buying and -selling experience for consumers and dealers, said Javier Zamora, General Counsel at CarGurus.

CarGurus to Report Second Quarter 2022 Financial Results

Retrieved on: 
Monday, July 18, 2022
Name, PistonHeads, GLOBE, CarGurus, United, Commercial software, LLC, Webcast, Algorithm, Investor, André Caroff, Trust, Online shopping

CAMBRIDGE, Mass., July 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2022, after the close of the market on August 8, 2022.

Key Points: 
  • CAMBRIDGE, Mass., July 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the second quarter ended June 30, 2022, after the close of the market on August 8, 2022.
  • 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 August 8, 2022.
  • To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers.
  • The webcast will be available live on the Investors section of the companys website at https://investors.cargurus.com .

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

Retrieved on: 
Monday, June 6, 2022
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PX will allow dealers to exchange vehicles with one another across the country at prices set by the dealers themselves.

Key Points: 
  • PX will allow dealers to exchange vehicles with one another across the country at prices set by the dealers themselves.
  • Trading this market disparity enables both dealers involved in the exchange to benefit, as each receives a vehicle much more likely to perform well in their specific markets.
  • There is tremendous regional price disparity in todays pre-owned vehicle industry retail values, day supply, and demand can vary significantly from market to market.
  • This offering automates and enhances the manual and inefficient old-school way of facilitating dealer trades by leveraging the CarOffer dealer network.

CarGurus™ Instant Max Cash Offer Expands to Five New States

Retrieved on: 
Wednesday, May 25, 2022
Population, General manager, CarGurus, U.S. Securities and Exchange Commission, Corpus Christi, COVID-19, Trust, Algorithm, United Kingdom, Epidemic, Lists of disasters, Pandemic, Compliance, Matrix, Name, Sale, André Caroff, Acquisition, Commercial software, LLC, Growth, Security (finance), PistonHeads, Documentation, GLOBE, Online shopping

CAMBRIDGE, Mass., May 25, 2022 (GLOBE NEWSWIRE) -- CarGurus(Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced the rollout of CarGurus Instant Max Cash Offer to five additional states Nevada, Utah, New Mexico, Colorado, and Washington.

Key Points: 
  • CAMBRIDGE, Mass., May 25, 2022 (GLOBE NEWSWIRE) -- CarGurus(Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced the rollout of CarGurus Instant Max Cash Offer to five additional states Nevada, Utah, New Mexico, Colorado, and Washington.
  • CarGurus Instant Max Cash Offer is the only platform of its kind to combine the power of CarGurus 31 million unique average monthly visitors in the U.S. with CarOffers automotive wholesale bid system.
  • For the latest information on and availability of CarGurus InstantMax Cash Offer, please visit CarGurus.com .
  • In the United States and the United Kingdom, CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

CarGurus’ New Digital Deal Solution Enables Dealers to Sell More Cars Through Access to Today’s Online Shopper

Retrieved on: 
Wednesday, May 11, 2022
United Kingdom, COVID-19, Trust, U.S. Securities and Exchange Commission, Name, Insurance, Dealer, André Caroff, GLOBE, LLC, Algorithm, Security (finance), CRM, Commercial software, Epidemic, Compliance, Lists of disasters, Learning, Efficiency, Pandemic, Solution, Growth, PistonHeads, Digital, Online shopping, Car dealership, CarGurus

Digital Deal is the follow-up to CarGurus Convert, a 12-month pilot program launched in April 2021.

Key Points: 
  • Digital Deal is the follow-up to CarGurus Convert, a 12-month pilot program launched in April 2021.
  • Digital Deal now allows dealers to seamlessly integrate:
    Digital Deal not only simplifies the process for dealers to work leads by integrating with Dealers CRM, RouteOne, and DealerTrack programs, but it also allows dealers to sell more cars through adding Area Boost.
  • This solution enables them to sell outside their local markets and compete with national online retailers adding Area Boost delivered CarGurus dealers up to a 120% increase in leads.
  • Digital Deal listings are available to consumers nationwide today with hundreds of dealers enrolled.

CarGurus Study Finds Rising Consumer Interest in Electric Vehicles as Gas Prices Spike

Retrieved on: 
Thursday, May 5, 2022
United Kingdom, Trust, Name, André Caroff, GLOBE, LLC, Algorithm, EV, Commercial software, EVS, Adoption, Behavior, Income, Ownership, PistonHeads, Retail, Lithium, Ford Motor Company, CarGurus

The CarGurus 2022 Electric Vehicle Insight Report examined consumer feedback on a variety of EV-related topics like timeline to ownership, the effects of higher gas prices, possible barriers to adoption, and preferred brands.

Key Points: 
  • The CarGurus 2022 Electric Vehicle Insight Report examined consumer feedback on a variety of EV-related topics like timeline to ownership, the effects of higher gas prices, possible barriers to adoption, and preferred brands.
  • Since the first iteration of this study in 2018, interest in electric vehicles has risen steadily each year.
  • At the same time, as gas prices rose, so did consumer tolerance last year, 56% of respondents said theyd be much more likely to consider an electric vehicle if gas prices reached $5 per gallon.
  • With high gas prices feeling like our new reality, consumers are beginning to more seriously consider investing in electric vehicles, said Ali Chapman, Senior Consumer Insights Analyst at CarGurus.

CarGurus Announces 2022 Investor Day

Retrieved on: 
Tuesday, May 3, 2022
Trust, Name, André Caroff, Q&A, GLOBE, LLC, Algorithm, United, Commercial software, CarGurus, One Boston Place, PistonHeads, Investor, Online shopping

CAMBRIDGE, Mass., May 03, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced today that it will host an Investor Day on Wednesday, May 25, 2022, beginning at approximately 1:00 p.m. Eastern Time at ConveneOne Boston Place in Boston, Massachusetts.

Key Points: 
  • CAMBRIDGE, Mass., May 03, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced today that it will host an Investor Day on Wednesday, May 25, 2022, beginning at approximately 1:00 p.m. Eastern Time at ConveneOne Boston Place in Boston, Massachusetts.
  • CarGurus executive leadership team will address the companys strategic evolution, consumer and dealer value propositions, synergies, and financial outlook, followed by a live Q&A and reception.
  • A live webcast of the Investor Day presentations will be accessible from the Investors section of CarGurus' website at https://investors.cargurus.com , and an archive of the presentations will be available there following the event.
  • CarGurus is a registered trademark ofCarGurus, Inc., and CarOffer is a registered trademark ofCarOffer, LLC.

CarGurus to Report First Quarter 2022 Financial Results

Retrieved on: 
Monday, April 18, 2022
Commercial software, CarGurus, LLC, PistonHeads, GLOBE, André Caroff, Webcast, United, Algorithm, Name, Trust, Investor, Online shopping

CAMBRIDGE, Mass., April 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2022, after the close of the market on May 9, 2022.

Key Points: 
  • CAMBRIDGE, Mass., April 18, 2022 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, announced it will issue a press release reporting financial results for the first quarter ended March 31, 2022, after the close of the market on May 9, 2022.
  • 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, 2022.
  • To access the conference call, dial (877) 451-6152 for the U.S. or Canada, or (201) 389-0879 for international callers.
  • The webcast will be available live on the Investors section of the companys website at https://investors.cargurus.com .

CarOffer's Kim Jenkins Named Vice President of Consumer Operations

Retrieved on: 
Monday, April 11, 2022
Trust, Partnership, Sale, Automation, United Kingdom, Growth, Multimedia, Carlson (company), André Caroff, Hard and soft light, CEO, Name, PistonHeads, View, LLC, Technology, Commercial software, Acquisition, CarGurus, Matrix, Cadbury, Algorithm, Management, Online shopping

ADDISON, Texas, April 11, 2022 /PRNewswire/ -- CarOffer , the fast-growing inventory acquisition innovator and part of the CarGurus network (Nasdaq: CARG), proudly announced Kim Jenkins has been named Vice President of Consumer Operations.

Key Points: 
  • ADDISON, Texas, April 11, 2022 /PRNewswire/ -- CarOffer , the fast-growing inventory acquisition innovator and part of the CarGurus network (Nasdaq: CARG), proudly announced Kim Jenkins has been named Vice President of Consumer Operations.
  • Jenkins has been with the organization for approximately five years and previously served as Senior Director of Training and Implementation.
  • The Consumer Operations team at CarOffer is the fastest growing department within the company due to the immediate success of CarGurus Instant Max Cash Offer, the first consumer-facing product for CarOffer.
  • Consumer Operations handles the lifecycle of the purchase of vehicles sold by consumers via the CarGurus Sell My Car site as it relates to the consumer experience.