TrueCar in the news.
Land Rover, Toyota top ALG’s Residual Value Awards
“Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value, accounting for quality, durability and brand desirability among other factors,” Larry Dominique, president of ALG and executive vice president of sister company TrueCar, said in the statement.
Automotive News | November 17, 2014
Ford’s Aluminum F-150 Almost Ready for Prime Time
John Krafcik, the president of the car buying site TrueCar.com, says pickup drivers will be drawn by the truck’s capability. The F-150 sits on a high-strength steel frame that’s carrying less weight from the truck, so it can carry more cargo and haul heavier trailers. The new F-150 can tow up to 12,200 pounds compared with 12,000 for the Silverado and 10,500 for the Ram.
AP | November 11, 2014
Autonomics: Americans Are Paying More for Cars
“It’s extraordinarily relevant that people are willing to pay more for automobiles,” he told Bloomberg Businessweek. “Especially when the narrative has largely been that cars are playing less of a role in our lives.”
BloombergBusinessweek | November 10, 2014