TrueCar in the news.
The Chicken Tax
“This 25 percent tariff is being used, in a way, as a bargaining chip that benefits U.S. trade negotiators as they seek other concessions from other nations in other industries. So it may very well be that from an industry standpoint, there’s no real love or need for it. I believe that’s the case. I want to believe that’s the case in my heart. But it’s really a tool – a bargaining chip – for U.S. trade negotiators to affect a better total outcome across many industries.”
NPR | June 12, 2015
In New York and LA, New Startup Communities Flourish
The density of the population in New York allows it to be the home to social/location-based companies like Foursquare and PlaceIQ as well as building/space startups such as WeWork,BoxBee, and MakeSpace. Because LA is more spread out, and everybody owns a car, companies like TRUECar and Cargomatic have been able to thrive.
TechCrunch | June 8, 2015
Subaru sells out: Will a fast growing carmaker decide to stay small?
Krafcik at TrueCar says the company could easily sell at least another 300,000 cars a year, based on how many people are searching for Subaru online. “Most automakers would have moved sooner,” he says. “To me, it looks like they’re OK with having this capacity constraint.”
Bloomberg Business | June 8, 2015
BMW’s Record May Trims Gap With Mercedes for U.S. Luxury Crown
“The expansion down-market has revolutionized the access to luxury brands,” Eric Lyman, a TrueCar Inc. analyst, said in an interview. “And with the aggressive lease deals, you can get into a luxury brand for less than you’ve ever been able to.”
Bloomberg Businessweek | June 2, 2015