CarGurus

WOW - what a way to kick off 2024 🎉 ! We're thrilled to be #1 on Built In's Best Places to Work in Boston list and #3 in the US overall! These awards celebrate "companies that provide the most attractive total rewards packages for their employees." And that makes this recognition especially meaningful to us. We're proud to offer our Gurus an array of benefits, programs, and perks that empower them to thrive personally and professionally in their daily lives 🌱 🏆 🚀 CarGurus helps people confidently buy and sell cars exactly how they want--AND we're a fantastic place to work. Join us for the ride! Check out our Built In profile: https://lnkd.in/e-iNb336 Explore our open roles: https://lnkd.in/grt24vtE #GreatToBeAGuru #BPTW2024 #2024BuiltInBest

We’re inspired by the fresh perspective that new Gurus bring to our work, and the energy they infuse in our culture. So we strive to ensure they feel welcomed and supported from day one. Thank you Patrick Sarsgard for confirming we understood the assignment ✅ . We can’t wait to see what you and other recent joiners do next! 🚀 🚗 🚙 #GreatToBeAGuru

Our recent “Allyship & Supporting Women in Sales” event showcased the incredible power that storytelling, active listening, peer support, and mentorship can have on individuals, teams, and company culture. Thank you to the CG women who shared their personal experiences on our panel, and to the entire Sales & Revenue team for your engagement and allyship. Like Nima Sarram, we’re inspired by the impact it had and are excited to keep driving positive change in our community and beyond! #GreatToBeAGuru #GurusDriveChange

We're excited to be among 18+ tech companies participating in Out in Tech's Career Talks event on Thursday, August 15th. Visit CG's virtual booth to learn about our impactful work and collaborative, inclusive culture, and to explore open tech team roles 🚀 🚗 🚙 There’s still time to register: https://lnkd.in/euGirvtT

Head into the weekend with the latest insights on auto market pricing, supply, and demand. Highlights from our July Market Intelligence Report include: ↗ New car supply on the rise: Market days supply is +68% YoY as automakers work to balance supply with demand. Brands with the tightest supply include Toyota, Lexus, and Subaru. While those with the highest market days supply are Wagoneer, RAM, and Lincoln. 🔍 Used inventory tightens: Used car levels are -4% MoM, with 2020-2021 model years notably down. The shortage of younger used cars could keep older vehicle prices from declining sharply. 🔌 Used EVs offer better mileage: On average, used EVs are coming to the market with far less wear and tear than ICE vehicles. The average mileage of a used EV is 45% below that of hybrids and 56% below ICE vehicles. 📚 Read on for all the details: https://cargur.us/15C4g1

🌟 MEET THE GURUS 🌟 Next up we have Anna Colom, Digital Retail Consultant! 🚙 Anna is a go-to expert on CG's Digital Deal. She onboards, supports, and educates our dealer-partners on how to make the most of our Digital Retail product and tools so they can make faster, more efficient sales 💜 Anna has accomplished a lot personally in her 7+ years as a Guru, including completing her Bachelor's degree and buying her first home. She appreciates the role CG's flexibility and support have played in creating space and time for her to achieve her goals 🌿 Anna is a certified yoga instructor! She refined her practice by fully immersing herself in daily rituals and meditation in the foothills of the Himalayas #GreatToBeAGuru #MeetTheGurus

📣 Attention marketers! We've got two opportunities for you to unleash and apply insights that will help us bring even more confidence and control to car sourcing, buying, and selling ✨ 🚗 🚙 Senior Product Marketing Manager: https://bit.ly/4ftu1TF Performance Marketer: https://bit.ly/3WutiZR #GreatToBeAGuru #ProductMarketing #PerformanceMarketing

“CarGurus’ exceptional sales team culture has been truly instrumental to my growth and development.” CG's Salem Noueiri, Associate Manager, Inside Sales joins 16 (!) other sales professionals in sharing the secrets to their career growth and success. This advice-packed Built In article is a must-read for people looking to excel in sales roles 🚀 🚗 🚙 Read the article: https://bit.ly/4cWFauI Grow with Salem and CarGurus in one of these Boston-based and remote (field) sales team roles: https://bit.ly/4diSlpt #GreatToBeAGuru

🌟 MEET THE CG COMMUNITY 🌟 #NationalParentsDay is Sunday but we celebrate parents year-round through our Parents@CarGurus Employee Resource Group (ERG) ❤️ Parents@CG connects Gurus to share family wins and wisdom, and for annual events like Bring a Kid to Work Day and CG's Family Halloween Party. Senior Manager of Reporting and Data Operations Fivos Kanellis, Director of Account Management Geoffrey Arruda, and Senior Product Integrity Specialist Kari Quinn lead this ERG 🌐 It's among our most diverse ERGs. Members hail from a variety of backgrounds, locations, teams, and roles. They have kids of all ages and many different types of families, too. Those seeking advice—on everything from making bathtime fun to the best gifts for teens—are rewarded with creative solutions from a range of perspectives 🎒 This past year, Parents@CG added a "Parents Exchange" Slack channel for repurposing outgrown and no-longer-needed clothing and items. Their community spirit extends beyond CG through Youth Villages backpack and holiday gift drives that have become annual traditions Read more about Parents@CG here: https://lnkd.in/e3j3FDdD #GreatToBeAGuru #MeetTheGurus

Returned to Yahoo Finance’s Asking For A Trend hosted by Josh Lipton to discuss the state of the US auto industry post a number of down earnings reports this week. I highlighted that the industry is quite healthy compared to previous years, with new sales up this year and nearing their likely post-COVID norms, coupled with inventory levels the healthiest they’ve been in four years. However, consumers have pulled back on revenge spending and are now balking at higher-priced vehicles, instead looking for more affordable options based on CarGurus data. This rebalancing in consumer preferences is leading to excess supply for some manufacturers, impacting their financials. These trends are even more pronounced with EVs, which have far too much supply compared to demand, with list prices for new EVs far above those for ICE-powered vehicles. While the near-term picture is muddled, the long-term outlook is likely still electric, with hybrids having their moment now. 📺 🔗 https://lnkd.in/g5p7sWQQ