TrueCar in the news.
TrueCar President John Krafcik discusses the future impact of millennials on the industry
One of the event’s speakers was TrueCar President John Krafcik, who discussed the impact of millennials on today’s and tomorrow’s dealerships. Russell Brown spoke to Krafcik about the oncoming boom of sales to this growing segment.
CBT | April 13, 2015
Used-Car Boom Breeds Record U.S. Bond Bets, Concern Over Risk
For 2015 models, TrueCar Inc.’s ALG unit is predicting cars will retain 48.9 percent of their values after three years. While still relatively high, it’s 0.8 percentage point less than its forecast for last year’s models. An average of about 53 percent was realized for cars sold from 2008 to 2011.
Bloomberg News | April 7, 2015
Cadillac’s NY splash will have delayed ripples in showrooms
Eric Lyman, vice president for industry insights at TrueCar, said the CT6’s exterior design retains just enough of Cadillac’s angular “art and science” design theme to distinguish it from the more flowing looks in recent Mercedes-Benz and BMW models, while taking subtle new directions that should change perceptions of Cadillac.
Detroit Free Press | April 4, 2015
Spending: Drive a deal on a new car
In the market for a new car? To get the best possible deal, do your homework before you set foot in a showroom. Check current transaction prices at Edmunds.com, Kelley Blue Book (http://www.kbb.com) and TrueCar (http://www.truecar.com) to see what others in your area are paying for the vehicle you want and to set a reasonable target price.
Chicago Tribune | April 3, 2015
Cruze takes 11 percent hit in sales
Eric Lyman, vice president of industry insights for TrueCar, is interested in seeing how automakers respond to the decrease in passenger-car sales. Lyman said automakers need to “manage the supply relative to the demand and not overproduce.”
The Vindicator | April 2, 2015