Press Coverage

TrueCar in the news.

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

U.S. Car Sales Strong

Car sales are continuing to surge in the U.S. market. TrueCar is forecasting that July sales will hit 1.44 million units, a gain of nearly 10% compared to a year ago. That translates to a SAAR of 16.7 million units. And that could be due to all the money automakers are putting down on the hood. Average incentive spending in July was about $2,700 per vehicle which is 7% higher than last year.

Autoline | July 25, 2014

TrueCar, Inc. (NASDAQ:TRUE) Announced That It Has Been Awarded the First Annual IPO of the Year or “WaveRider” Award at the 2014 Siemer Summit.

On 18 July TrueCar, Inc. (NASDAQ:TRUE) announced that it has been awarded the first annual IPO of the Year or “WaveRider” Award at the 2014 Siemer Summit. As Los Angeles becomes home to more public companies, the Siemer Summit created the WaveRider Award to recognize success stories in the category. TrueCar, Inc. (NASDAQ:TRUE) belongs to Technology sector.

GainingGreen: Helping to Make Your Portfolio Ever Green | July 24, 2014

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