Press Coverage

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

New ride for the rich: Super-luxury SUVs

According to Truecar, the number of SUVs that have sold for at least $75,000 this year is up an astounding 44 percent.  That compares with 13.2 percent growth for cars above $75,000.

CNBC | 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

May U.S. sales rate forecast to rise to 17.3M

TrueCar said sales during the holiday weekend were 7 percent higher than a year ago. The upcoming weekend also could be strong, as automakers and dealers work toward their monthly targets.

Automotive News | May 28, 2015

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