CarGurus focused on tackling challenges in wholesale operations
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Tuesday, Nov. 22, 2022, 07:11 PM
Daryl Lubinsky, Correspondent
CarGurus chief executive officer Jason Trevisan said the company’s third-quarter financial metrics “fell short of the low end of our guidance range” as the company did not adapt its wholesale operations to what Trevisan described as “rapidly evolving macro market challenges.” He said the shortfall was driven exclusively by the company’s digital wholesale business. However, […]