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CarGurus

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

Through the collaboration, dealers using CDK websites will gain exposure for their inventory as well as high-quality leads from CarGurus.com. CDK will also leverage the online automotive marketplace’s anonymized, aggregated data in its suite of automotive digital marketing solutions.

CarGurus Adds Consumer Marketing Executive

GarGurus has named Sara Welch senior vice president of consumer marketing. The 10-year marketing veteran previous held executive marketing roles at Gazelle and TripAdvisor.

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Ford Syndicating Dealer Inventory to CarGurus.com

Ford is now syndicating its dealers’ new-vehicle inventory to CarGurus.com, a vehicle-shopping site that has drawn criticism for the way it rates dealers and their deals.

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