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RumbleOn Announces a Dealer-Centric Pilot Program With CarGurus
DALLAS--(BUSINESS WIRE)-- RumbleOn, Inc (Nasdaq: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell,
About this update from Cargurus, Inc.
[{"type":"text","content":" DALLAS--(BUSINESS WIRE)--\nRumbleOn, Inc (Nasdaq: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade, or finance pre-owned vehicles, today announced it was chosen for a pilot program with CarGurus (Nasdaq: CARG), a leading global online automotive marketplace. CarGurus will leverage RumbleOn’s technology as well as their transportation and distribution services in the testing of a new inventory acquisition product for dealers that enables dealers to source consumer cars on the CarGurus platform.\n\n\nRumbleOn CEO Marshall Chesrown commented, “Our proprietary technology suite has underpinned our offering since day one. We have strong relationships with dealers and our agnostic business model has propelled our rapid expansion in both Powersports and Automotive. We are proud that CarGurus has selected RumbleOn for this pilot, and we are excited to help support their new and innovative solutions for dealers around the world.”\n\n\n“This program not only validates the strength of our technology, but it demonstrates the agility of our business model. We believe there are boundless opportunities ahead of us and this is yet another example of how we are executing on our disruptive strategy,” concluded Chesrown.\n\n\n“We are excited to work with RumbleOn as we continue to build an innovative inventory acquisition solution for our dealers,” said Ryan Russell, Head of Strategic Partnerships for CarGurus Labs. “As with all of our product development, our ability to rapidly test and learn is critical. RumbleOn’s technology and dealer-centric processes will allow us to execute this pilot with speed and flexibility so that we can evolve our product and deliver a best-in-class solution for dealers.”\n\n\nThe latest phase of CarGurus’ inventory acquisition product pilot launched in July in Massachusetts.\n\n\nAbout RumbleOn\n\n\nRumbleOn (NASDAQ: RMBL) is an e-commerce company that uses innovative technology to simplify how dealers and customers buy, sell, trade, or finance pre-owned vehicles through RumbleOn’s 100% online marketplace. Leveraging its capital-light network of regional partnerships and innovative technological solutions, RumbleOn is disrupting the old-school pre-owned vehicle supply chain by providing users with the most efficient, timely and transparent transaction ex...