CarGurus Launches AI-Powered Used Vehicle Pricing Tool; Shares Rise

MT Newswires Live12-09

CarGurus (CARG) said Tuesday it launched PriceVantage, a used-vehicle pricing solution powered by real-time consumer demand data from its automotive platform.

The company said PriceVantage integrates pricing, insights, and listings management into a single interface, allowing dealers to optimize pricing decisions within their existing workflows.

Shares of CarGurus were up more than 3% in recent trading.

Price: 36.51, Change: +1.10, Percent Change: +3.11

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