Business
CarGurus Marks 20 Years of Automotive Leadership with Next Chapter of AI-Powered Innovation
With the largest audience, inventory, and dealer network, CarGurus continues to redefine confidence in car buying and selling through cutting-edge technology
About this update from Cargurus, Inc.
[{"type":"text","content":"With the largest audience, inventory, and dealer network, CarGurus continues to redefine confidence in car buying and selling through cutting-edge technology BOSTON, Jan. 22, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, is marking 20 years of redefining trust, transparency, and innovation in car buying and selling. This foundation, combined with leadership in consumer audience1, vehicle inventory2, and dealer network2, is powering CarGurus’ next phase: AI-driven products and real-time market intelligence that enable smarter, more confident decisions. “CarGurus was founded on a simple idea: that transparency and differentiated data could create a better experience for consumers and dealers. Twenty years later, that principle still guides how we operate, but our scale has changed what’s possible in applying technology and intelligence to deliver value to customers,” said Jason Trevisan, CarGurus Chief Executive Officer. “We intend to continue investing in innovation that deepens our role as an indispensable partner across the full buying and selling journey.” Built on Trust and Transparency, Strengthened by Scale Since launching in 2006, CarGurus has transformed car buying and selling by prioritizing data, unbiased information, and customer trust. Early innovations like Instant Market Value and Deal Ratings disrupted how value and pricing are communicated and reshaped car shopper expectations. More recent launches like Digital Deal, CarGurus’ fastest-growing product, help dealers meet shopper demand to do more from home. Today, CarGurus connects tens of millions of shoppers each month1 with the widest selection of vehicles and the largest dealer network in the U.S.2, translating scale into a customer advantage. Innovation That Helps Consumers Get Their Best Deal Shoppers rely on the CarGurus website and No. 1-downloaded app3 at every step, from researching, considering, and purchasing one car to selling or trading in another. To further empower consumers, CarGurus has introduced AI-powered products that simplify the journey to their best deal: CarGurus Discover is an AI-powered shopping assistant that makes car research and discovery more personalized and approachable. Shoppers can use their own words to explore options, compare models, and narrow down listings. T...