Press Coverage

TrueCar in the news.

Maserati Quattroporte GTS is part luxury sedan and part race car

According to the auto data company TrueCar, Maserati sold 2,046 Ghiblis in the U.S. in the first quarter of 2015, out of a total of 3,234 vehicles sold in total. During the same period, the company sold only 660 Quattroportes.

Los Angeles Times | June 19, 2015

Car dealers aim to curb online rivals

TrueCar CEO Scott Painter pointed out that his site currently works with 9,000 dealer franchises and only charges when a sale is complete. The fee is $300 for a new-car sale and $400 for used.

Wall Street Journal | June 13, 2015

Hyundai wants to improve performance cred

“They have steadily improved their content, technology and design,” said Eric Lyman, main industry analyst at TrueCar Inc. “The next phase of the brand’s transformation will come down to product execution, including ride, handling and performance.”

Automotive News | June 13, 2015

Revving up TrueCar’s digital business with open source technology

In one of the first opportunities to get an inside look at a business built on technology and data, I recently had an enjoyable conversation with Russell Foltz-Smith, VP data platform at TrueCar.

Diginomica | June 12, 2015

The Chicken Tax

“This 25 percent tariff is being used, in a way, as a bargaining chip that benefits U.S. trade negotiators as they seek other concessions from other nations in other industries. So it may very well be that from an industry standpoint, there’s no real love or need for it. I believe that’s the case. I want to believe that’s the case in my heart. But it’s really a tool – a bargaining chip – for U.S. trade negotiators to affect a better total outcome across many industries.”

NPR | June 12, 2015

Auto sales booming – But are automakers pricing cars out of reach

According to TrueCar, the average transaction price of a BMW rose 6.5% in May, year-over-year, compared to just 2.3% for the typical Toyota.

The Detroit Bureau | June 10, 2015

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