Press Coverage

The truth is, the press has some great things to say about TrueCar.

Cash for Clunkers Opened Up the Floodgates

“What we had at this particular moment was really high dealer inventories and a general skittishness amongst our dealers and in the industry as a whole,” said TrueCar.com President John Krafcik, who was CEO of Hyundai Motor America at the time. Clunkers “gave the industry some good news and let the industry put some points on the board.”

Automotive News | July 27, 2014

Projections Show GM July Sales Up 14 Percent

TrueCar released its sales forecast for July on Friday, showing overall vehicles sales from all manufacturers, including fleets in the U.S., reaching more than 1.4 million — an increase of 9.9 percent from last July.

“I think that what is a surprise is they have had this kind of growth,” said Eric Lyman, vice president of industry insights for TrueCar, on GM’s numbers.

 

The Vindicator | July 26, 2014

Millennials Drawn to Car-Sharing Services, But Eventually, They Buy

John Krafcik, president of TrueCar, is skeptical about car-sharing services becoming a primary form of transportation in the United States. “I don’t know that those are necessarily going to be long-term substitutes for cars,” he said.

“I think that’s something that is fundamentally different about the American car buyer,” he said.

Automotive News | July 26, 2014

Vehicle Sales Forecasts: Over 16 Million SAAR Again in July

From TrueCar:  Seasonally Adjusted Annualized Rate (“SAAR”) of 16.7 million new vehicle sales is up 6.8 percent from July 2013.

 

 

CalculatedRISK | July 25, 2014

Buying A New Car At A Great Price

TrueCar (formerly Zag.com) is an auto buying service that is free to the public. It was named by CNN Moneyone of the 20 best websites for helping consumers save money, and is the technology behind virtually all of the major auto buying service platforms in the U.S., including those provided by USAA, Geico, Progressive, American Express, Consumer Reports, AAA, Allstate and Farmers. If you’re not a member of an institution that offers TrueCar’s pre-negotiation services, you can still take advantage at TrueCar.com.

Credit Card Insider | July 25, 2014

Strong Retail Demand to Push U.S. Sales Higher in July, Forecasts Show

TrueCar increased its forecast to 16.35 million.

TrueCar said incentive spending has declined less than 1 percent from June but has climbed 7 percent from a year ago.

Automotive News | July 25, 2014

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