Press Coverage

TrueCar in the news.

May US auto sales likely to beat forecasts

Analysts had forecast that lower sales to rental car companies and other fleets would drag down sales. But car buying site said sales to individual buyers jumped 7 percent over Memorial Day weekend, thanks in part to promotions like zero-percent financing on the new Hyundai Sonata sedan.

The Associated Press | June 2, 2015

Spending on New Cars Hits All-Time High, Even as Loans Stretch to Record Lengths

“New vehicle sector and segment preference indicates consumers are confident about the economy and their finances,” said TrueCar President John Krafcik. “Not only are these shifts to premium brands and utilities telling from an economic indicator standpoint, they signal sizable revenue gains automakers should reap this year.”

The Detroit Bureau | June 2, 2015

Ford F-150 output pinched by frame shortage, workers say

TrueCar last week said demand for the F-150 has compelled Chevrolet, GMC and Ram to increase discounts on their trucks in an attempt to keep Ford from stealing market share. Average transaction prices for the F-series have risen about $3,200 from a year ago, to $42,500, TrueCar said.

Automotive News | May 29, 2015

New ride for the rich: Super-luxury SUVs

According to Truecar, the number of SUVs that have sold for at least $75,000 this year is up an astounding 44 percent.  That compares with 13.2 percent growth for cars above $75,000.

CNBC | May 29, 2015

May 2015 Auto Sales Forecast: US On Track For Highest Tallies Since August On Demand For SUVs, Trucks; Jeep Cherokee, Wrangler Sales Soar

But for the time being, automakers and dealers are still enjoying the bounty of a slow-but-gradual recovery from the Great Recession. The long Memorial Day weekend saw a 7 percent sales increase compared to the same holiday sales event last year, according data from to

International Business Times | May 29, 2015

May car sales expected to be highest yet in 2015

“Retail sales ramped up this month, with strong holiday promotions pulling in shoppers ready to start the summer with a brand-new vehicle,” said Eric Lyman, vice president of industry insights for TrueCar.

The Vindicator | May 29, 2015

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