TrueCar in the news.
Ford F-150 output pinched by frame shortage, workers say
TrueCar last week said demand for the F-150 has compelled Chevrolet, GMC and Ram to increase discounts on their trucks in an attempt to keep Ford from stealing market share. Average transaction prices for the F-series have risen about $3,200 from a year ago, to $42,500, TrueCar said.
Automotive News | May 29, 2015
May 2015 Auto Sales Forecast: US On Track For Highest Tallies Since August On Demand For SUVs, Trucks; Jeep Cherokee, Wrangler Sales Soar
But for the time being, automakers and dealers are still enjoying the bounty of a slow-but-gradual recovery from the Great Recession. The long Memorial Day weekend saw a 7 percent sales increase compared to the same holiday sales event last year, according data from to TrueCar.com.
International Business Times | May 29, 2015
May car sales expected to be highest yet in 2015
“Retail sales ramped up this month, with strong holiday promotions pulling in shoppers ready to start the summer with a brand-new vehicle,” said Eric Lyman, vice president of industry insights for TrueCar. – See more at: http://www.vindy.com/news/2015/may/29/may-car-sales-expected-to-be-highest-yet/#sthash.FUiq7i1t.dpuf
The Vindicator | May 29, 2015
With Broadcom exit, headquarters flight from Southern California continues
British engineering firm Meggitt established a new U.S. headquarters in Irvine last year and has grown rapidly to 420 employees. TrueCar.com, a digital auto sales portal in Santa Monica, has almost tripled its revenue in the last three years and grown to 500 employees.
Los Angeles Times | May 29, 2015