Press Coverage

TrueCar in the news.

U.S. Auto Sales Chugging Along Despite Expected Drop In August

“Despite the tough comparison with last August, robust demand for crossovers and pickup trucks continues this month,” said Eric Lyman, TrueCar’s vice president of industry insights. “Last August was a very strong month, with a built-in sales bump from Labor Day. With the Labor Day delay, we anticipate a lot of buying activity in September.”

Forbes | September 1, 2015

4 steps to building trust in any marketplace

The burden is now on the marketplace to build this trust. Airbnb uses an insurance guarantee, while TrueCar built transparency and competitive pricing into its platform. These companies knew that consumers wouldn’t use their services if trust were absent.

The Business Journals | July 17, 2015

Is Ford Firing up F-150 Discounts?

“I think that while this particular level of incentive is very surprising given all the other metrics,” including higher F-150 transaction prices and limited supply, “this looks like more of a marketing effort,” Lyman explained.

Fox Business | July 16, 2015

Why Americans are buying more SUVs, not family cars

A new study by finds tooling around in a small SUV is no longer that wasteful. The sales-weighted fuel economy average is only 2 miles per gallon apart (26.83 mpg SUV vs. 28.84 mpg sedan) SUV owners typically will pay only another $3 more tankful to fillup their SUV compared to a sedan.

USA Today | July 13, 2015

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

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