Press Coverage

TrueCar in the news.

If You Purchase a Car at the End of the Month, You’re Losing Money

Contrary to popular belief, buying a car at the end of the month is not a better deal than buying a car at the beginning of the month. According to a study from car-buying site TrueCar.com, which took a statistical sampling of all car sales, consumers paid the highest average amount for vehicles on the 31st day of the month — $31,545. 

The Street | September 29, 2014

Will Rising Incentives Kill Automakers’ Profits?

The Motley Fool’s John Rosevear and Rex Moore recently dug into that question, looking at a new report from analysts at TrueCar.com. As they explain in this short video, while incentives are rising, the biggest increases are happening on one particular type of vehicle — while overall transaction prices are rising as well. 

The Motley Fool | September 28, 2014

3 Trends Make Digital Disruption An Urgent Priority

Think of how the likes of Uber in ride sharing, HealthSpot in healthcare, Coursera and Udacity in higher education, Spotify in music, and TrueCar in auto sales threaten to disrupt mature industries (Uber already has) by leveraging some of those digital technologies.

 

InformationWeek | September 26, 2014

US New-Auto Sales Forecast September 2014: Nissan Surpasses Hyundai, Kia; Toyota Beats Ford; Incentive Spending Rocket

“We expect another strong month for the industry with the best September since 2007,” John Krafcik, president of TrueCar, said in an emailed statement. 

International Business Times | September 26, 2014

New-Vehicle Sales in U.S. May Rise 10 Percent in September

Analysts from Kelley Blue Book, TrueCar.com and Edmunds.com agreed.

dallasnews | September 26, 2014

September Auto Sales Gains Put At 10%, But Down Sharply From August

The third-party automotive Web site Edmunds.com forecast an 11 percent gain while LMC Automotive and TrueCar each predicted a 10 percent gain for September sales compared with a year earlier.

benzinga | September 26, 2014

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