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Company Directory - CarGurus Inc.

Company Details - CarGurus Inc.

CarGurus Inc. Logo

CarGurus Inc.

Website

Cambridge, United States

NASDAQ: CARG 

CarGurus Inc. is an online automotive marketplace that connects consumers with dealers by providing a comprehensive platform for car research, pricing analysis, and user reviews to help buyers make informed decisions.

CCI Score

CCI Score: CarGurus Inc.

59.91

-0.03%

Latest Event

Texas DMV Closes Case Against CarGurus

Following enforcement actions by the Texas DMV, CarGurus revised its used-car advertising practices, thereby aligning with state regulations. The company removed misleading savings data and added disclaimer language to ensure compliance, leading to the closure of the case.

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LEADER

CarGurus Inc. is currently rated as a Leader.

+45 to +100 CCI Score
Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

  • Texas DMV Closes Case Against CarGurus Logo
    MAY
    08
    2025

    Following enforcement actions by the Texas DMV, CarGurus revised its used-car advertising practices, thereby aligning with state regulations. The company removed misleading savings data and added disclaimer language to ensure compliance, leading to the closure of the case.

  • +60

    Business Practices and Ethical Responsibility

    March 27

    CarGurus was initially in violation for including sales claims in its used-car advertisements, which could mislead consumers. However, after regulatory intervention, the company revised its practices promptly. This corrective action reflects positively on its business practices and ethical responsibility, showing a willingness to comply with regulatory standards and protect consumer interests.

    Texas DMV Closes Case Against CarGurus - Compliance - F&I and Showroom

  • CarGurus Achieves Top Score on Corporate Equality Index Logo
    JAN
    11
    2024

    CarGurus received a perfect score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index for LGBTQ+ workplace equity, demonstrating exceptional commitment to labor rights and inclusive practices that oppose oppressive, authoritarian workplace policies.

  • +100

    Labor Relations and Human Rights Practices

    January 11

    CarGurus has been recognized for its outstanding labor and human rights practices by receiving a perfect score on the Corporate Equality Index. This achievement highlights the company’s robust non-discrimination policies, equitable benefits for LGBTQ+ employees, and overall commitment to building an inclusive workplace. Such practices dismantle structures that bolster authoritarian labor exploitation and reinforce progressive corporate ethics.

    CarGurus Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index

  • CarGurus Earns Top Score in Human Rights Campaign Foundation’s Corporate Equality Index Logo
    JAN
    11
    2024

    CarGurus has received a perfect score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index, demonstrating its strong commitment to LGBTQ+ workplace equality and ethical business practices.

  • +100

    Business Practices and Ethical Responsibility

    March 27

    CarGurus has been recognized for its outstanding diversity, equity, and inclusion policies as evidenced by its top score on the Corporate Equality Index. This achievement reflects strong ethical practices in business operations and commitment to creating an inclusive workplace, which counters authoritarian and oppressive practices.

  • +100

    Labor Relations and Human Rights Practices

    March 27

    By achieving a score of 100 on the Corporate Equality Index, CarGurus demonstrates exemplary labor relations and human rights practices, particularly in fostering a diverse and inclusive environment for LGBTQ+ employees. This strong performance is a model against the backdrop of rising authoritarian trends.

    CarGurus Earns Top Score in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index

  • CarGurus Drive Change Program Empowers Communities Logo
    JUN
    01
    2023

    CarGurus' Drive Change program, initiated in 2023, represents a strategic philanthropic initiative that empowers employees, dealers, and consumers to drive meaningful change in their communities. The program emphasizes charitable giving, volunteer efforts, and community investment in line with the company's core values.

  • +80

    Public and Political Behavior

    March 27

    CarGurus leverages its Drive Change program to engage communities through volunteer work and charitable giving, reinforcing democratic participation and counteracting the centralization of power that can enable authoritarian trends. This positive public engagement supports a healthy socio-political environment.

    CarGurus’ Drive Change Program: Empowering Communities and Amplifying Impact

  • +80

    Business Practices and Ethical Responsibility

    March 27

    The Drive Change initiative exemplifies CarGurus’ commitment to ethical business practices by aligning its charitable efforts with core corporate values. By focusing on community-level impact and transparency in its funding decisions, the company promotes social responsibility and diminishes any risk of complicity in practices that could indirectly support authoritarian structures.

    CarGurus’ Drive Change Program: Empowering Communities and Amplifying Impact

  • CarGurus Earns Top Score in Human Rights Campaign Foundation’s 2022 Corporate Equality Index Logo
    JAN
    27
    2022

    CarGurus received a perfect 100 score from the Human Rights Campaign Foundation’s 2022 Corporate Equality Index for its exemplary LGBTQ+ workplace equality policies, highlighting its commitment to diversity, inclusion, and fair labor practices.

  • +100

    Labor Relations and Human Rights Practices

    March 27

    CarGurus achieved a perfect score in the Human Rights Campaign Foundation’s Corporate Equality Index, reflecting outstanding labor relations and human rights practices. This award evidences the company’s robust policies in promoting LGBTQ+ equality in the workplace, a critical aspect of ethical business practices that counters systemic discrimination and supports inclusivity against authoritarian ideologies.

    CarGurus Earns Top Score in Human Rights Campaign Foundation’s 2022 Corporate Equality Index

  • Publication of Modern Slavery Statement Logo
    DEC
    31
    2021

    CarGurus Inc. has released its Modern Slavery Statement outlining robust measures to prevent modern slavery and human trafficking in its operations and supply chain. The document details due diligence processes, supplier risk assessments, and strong internal policies including whistleblower protection and ethical HR practices.

  • +85

    Supply Chain Ethics

    March 27

    CarGurus demonstrates a strong commitment to supply chain ethics by implementing comprehensive measures to mitigate modern slavery risks. The statement outlines procedures for identifying and assessing risk areas as well as enforcing a code of conduct for suppliers, reflecting a proactive and ethically responsible stance.

    Modern Slavery Statement

  • +80

    Labor Relations and Human Rights Practices

    March 27

    The statement details internal human rights practices including the enforcement of a comprehensive Code of Conduct, employee training, and whistleblower protections. These measures indicate CarGurus’ commitment to upholding labor rights and ensuring ethical treatment of workers within the organization.

    Modern Slavery Statement

  • Texas Regulatory Action Highlights Controversial Advertising Practices by CarGurus Logo
    APR
    30
    2013

    The Texas DMV issued a cease-and-desist letter against CarGurus for misleading advertising practices, including projecting unverified savings and displaying dealer inventory without consent. Critics argue that these practices undermine fair market dynamics and could harm dealer relationships.

  • -50

    Business Practices and Ethical Responsibility

    March 27

    CarGurus' advertising practices have come under fire following a cease-and-desist letter from the Texas DMV. The company's approach to listing used vehicle prices, including projected savings and price drops, has been criticized for being misleading and for using dealer information without explicit consent. Such practices reflect a lack of ethical responsibility in their business operations, contributing to an environment that can undermine fair competition and transparency.

    Texas Dealers Could Face Fines Over CarGurus' Business Practices

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