CarGurus Reports Affordability Drives 2025 Auto Market as EV Demand Faces Key Test in 2026

Reuters12-11

CarGurus Reports Affordability Drives 2025 Auto Market as EV Demand Faces Key Test in 2026

CarGurus Inc. has released its 2025 Recap and 2026 Outlook, analyzing key trends in the automotive market. The report highlights that rising ownership costs, tariff concerns, and a limited supply of late-model used vehicles drove consumer focus on affordability throughout 2025. With the expiration of EV tax credits, there was a sharp decline in new electric vehicle sales, while hybrid vehicles filled the gap, experiencing steady growth in both inventory and sales. Toyota models, particularly the Prius, RAV4 Hybrid, and Camry Hybrid, saw the highest interest among shoppers. Looking ahead to 2026, CarGurus expects affordability to remain a primary concern for buyers, with heightened cross-shopping among new, used, gas, EV, and hybrid vehicles. The upcoming year is anticipated to provide the first clear glimpse into natural EV demand without the influence of incentives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CarGurus Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9600327-en) on December 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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