TrueCar in the news.
Detroit Auto Show: Dude, Where’s My Pickup Truck?
John Krafcik, president of the digital car-shopping platform TrueCar, argues that there would be more, better pickups without the tariff. “Most of the U.S. car segments have 20 brands competing for your dollars,” he says. “If there wasn’t the chicken tax, you’d see so much more innovation. You’d see every brand rushing in and you’d see a vast increase in choice.”
Bloomberg Businessweek | January 15, 2015
NAIAS 2015 Recap: TTAC Picks The Show’s Hits And Misses
John Krafcik, President of TrueCar and former CEO of Hyundai, thinks that it could be the first mass market EV to take off, telling the Los Angeles Times that “You are looking at annual sales of 100,000 vehicles.”
the truth about cars | January 14, 2015
Used Cars: Prices Rising But Will They Fall?
“The average new car went for $31,831 last year compared with the previous year, up 1.9%, automotive data site TrueCar reports, while the average used car sold for about half that, $16,335. But that was a 5.1% jump from 2013, says TrueCar, with overall used-car sales up 3.3%,” USA Today reported.
Inquisitr | January 14, 2015
TrueCar Had a Hand in 600,000 U.S. New Car Buys in 2014, CEO Says
TrueCar (TRUE) participated in the sale of more than 600,000 new cars in 2014, said the company’s founder and CEO Scott Painter. That represents about 4% of last year’s entire 16.5 million-unit new car market.
TheStreet | January 14, 2015
GM’s Chevy Bolt is a Tesla contender
John Krafcik, president of TrueCar, considers the Bolt’s traits “a killer combination” and projects sales of 100,000 units per year. If these number come to fruition, then they would signal a huge jump in sales for electrics: Nissan sold over 22,000 Leafs in 2014–a record in EV terms, but still miniscule compared to gasoline-powered sedans.
Tech Gen Mag | January 13, 2015
TrueCar’s Founder Sees 90% Of Car Buyers On Mobile Over The Next 18 Months
“What if automakers could, in real-time, help dealers sell their cars and become a part of the customer conversation?” Painter asked. He said he “sees 90 percent of customers via mobile over [the] next 18 months.”
benzinga | January 13, 2015