The truth is, the press has some great things to say about TrueCar.
Top Performing Industries For July 22, 2014
Internet Service Providers: This industry rose 2.46% by 11:30 am ET. The top performer in this industry was TrueCar (NASDAQ: TRUE), which gained 4%.
benzinga | July 22, 2014
TrueCar’s Scott Painter On Entrepreneurship And IPOs
Very few Southern California startups make it from seed funding all the way up through an IPO, and rarely do they do so with their original founder. One of Southern California’s big success stories — from startup, to venture funding, and a recent IPO–is Los Angeles-based TrueCar, which had its IPO in May. We spoke with Scott Painter, CEO and founder of the company–and already a successful serial entrepreneurs–about the journey from startup to public company, lessons learned, and his advice to CEOS who might be thinking about an IPO for their own company.
socaltech.com | July 21, 2014
Websites Ease Car-Buying Process
TrueCar (www.truecar.com), which was founded in 2008, monitors millions of transactions to determine the average price of a car in your zip code. Potential buyers get a guaranteed price they can take to a certified dealer.
John Krafcik, TrueCars president, says it takes around three hours to finalize a car purchase.
Associated Press | July 21, 2014
Leases Entice Drivers to Upgrade Cars as Often as IPhones
Long-term loans also could crimp sales because people don’t buy new cars when they are paying off the one they own. To ensure that doesn’t happen, dealers will have to get creative with their come-ons, said Larry Dominique, the president of TrueCar Inc., an online auto-buying service.
Bloomberg | July 20, 2014
Group 1 Finds Plenty of Appeal in a Transformed Hyundai
The automaker has reinvented itself in relatively short time, going from the butt of jokes to a highly regarded brand, said Eric Lyman, vice president of industry insight at TrueCar, a new-car pricing site.
Lyman remains bullish on Hyundai, he said, and the downturn should be temporary as new models have begun entering showrooms.
Houston Chronicle | July 16, 2014