CarGurus digital wholesale platform CarOffer struggles to find its feet in Q1
Photo credit: II.studio/Shutterstock.com
Premium Content
Wednesday, May. 15, 2024, 12:20 PM
Alysha Webb, Correspondent
CarGurus’ CarOffer digital wholesale platform continued to operate at a loss in the first quarter of 2024 though it did improve sequentially. The entire company’s net income surged, however. The CEO emphasized ongoing efforts to rebuild the wholesale business and integrate it into CarGurus’ other product offerings. “We are proud of the progress and improvement […]