Press Coverage

TrueCar in the news.

BMW Leads U.S. Luxury Sales in February as Cadillac Tops Lexus, Mercedes

GM offered aggressive incentives to employees and friends in February, said Jesse Toprak, an industry analyst with TrueCar. “That helped GM overall and clearly helped Cadillac.”

Bloomberg by Keith Naughton | March 1, 2011

Consumer Auto Buying Study Reveals That Price, Trust Most Important in Choosing Dealership

The goal of this study was to find out more about consumers’ mindset when it comes to buying a car,” said Scott Painter, founder and CEO of TrueCar. “What we’ve learned is consumers really want to feel they can trust the dealer to be fair. And the only way to achieve that is through transparency and upfront pricing.”

AutoLoanDaily.com by Liz Opsitnik | February 28, 2011

Report: Could Upfront Pricing Benefit Both Shoppers and Dealers?

According to data from TrueCar’s Online Automotive Buying Behavior Report, based on a poll commissioned to Synovate, new car shoppers think that dealerships earn a $4,000 commission on a $40,000 car—a profit of 10 percent or more—while the majority think that an average of $1,800 (4.5 percent) would be fair.

The Car Connection by Bengt Halvorson | February 28, 2011

Ford’s Airbag Recall Could Blow Up in its Face

I think Ford is flexing its strength here a little bit, said Scott Painter, chief executive of the automotive Web site Truecar.com. … “Ford is doing what any automaker should do and saying ‘Safety has to be balanced with reason,” said Painter.

CNN Money by Peter Valdes-Dapena | February 28, 2011

Big February Sales Results on Tap for Autos

Toyota’s increase was helped by the auto maker being at the epicenter of their recall crises last year and before their incentives push, TrueCar.com analyst Jesse Toprak said. “Toyota will have a hard time increasing market share until later this year, when new models are expected to hit the showroom floor.”

Market Watch by Shawn Langlois | February 25, 2011

Toyota Recalls 2.17 Million More Cars

The responses reflect the different positions each automaker is in, said Scott Painter, chief executive of the automotive website Truecar.com. Given its recent history, Toyota had to respond strongly in the face of even the slightest question about safety.

CNN Money by Peter Valdes-Dapena | February 24, 2011

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