Across the United States, roughly 3 million brand-new vehicles are sitting in storage lots and dealer back rows, waiting for ...

CHICAGO, May 16, 2024 /PRNewswire/ -- Cars.com Inc. (CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering the automotive industry, today launched its April Industry ...

New-car inventory is back, but demand is not keeping pace After years of shortages, dealers are once again counting vehicles ...

Tariffs imposed by President Donald Trump have caused quite an upheaval in the automotive industry, but data has revealed that new vehicle inventory has now returned to levels comparable to before the ...

This week, CarGurus released its 2025 Mid-Year Auto Market Review, highlighting five primary points, including the impact of tariff uncertainty, shifting inventory dynamics and evolving consumer ...

The affordability crisis affecting the US automobile market shows little signs of abating. The average price of a new car continues to rise: In June the average new vehicle MSRP was $51,124, according ...

Car shopping experts see heavy supplies of Ford and Stellantis vehicles at pre-tariff prices, plus a few foreign makes. Car dealers report heavy floor traffic in the last 10 days as people rush to buy ...

As we all brace for the full impact of tariffs to hit car prices, one thing is certain: Vehicles already in the U.S. don’t have to pay any import fees. That’s why shoppers rushed to purchase new cars ...

Despite anticipated price increases from tariffs, experts predict significant car deals this summer. Dealers are offering substantial discounts due to economic uncertainty and healthy vehicle ...

CarGurus is undervalued at 8x forward EBITDA, offering growth at a reasonable price. Q2 results showed accelerating revenue growth, margin expansion, and strong guidance, despite the stock's ...