Press Coverage

TrueCar in the news.

With Broadcom exit, headquarters flight from Southern California continues

British engineering firm Meggitt established a new U.S. headquarters in Irvine last year and has grown rapidly to 420 employees. TrueCar.com, a digital auto sales portal in Santa Monica, has almost tripled its revenue in the last three years and grown to 500 employees.

Los Angeles Times | May 29, 2015

May U.S. sales rate forecast to rise to 17.3M

TrueCar said sales during the holiday weekend were 7 percent higher than a year ago. The upcoming weekend also could be strong, as automakers and dealers work toward their monthly targets.

Automotive News | May 28, 2015

Why the Chevy Volt is getting a whole lot cheaper

TrueCar, an online shopping guide, shows the plug-in hybrid’s average average closing price has dipped from $35,000 to $30,607.

Time | May 26, 2015

For tech companies the appeal of Silicon Beach is growing

TrueCar Inc. — which went public last year and has grown to become a billion dollar-plus company and one of Santa Monica’s largest employers — is one example. The company’s headquarters are so close to the beach, founder and CEO Scott Painter can watch the waves crash while sitting in his corner office.

KPCC-FM | May 26, 2015

Memorial Day auto sales start summer off strong

Online marketplace TrueCar said holiday weekend sales on its website and those of its partners were up as much as 7 percent compared to last year.

CNBC | May 26, 2015

Head-to-head Challenge picks best compact SUV for $28K

CR-V generated $2 billion in revenue the first quarter, 26% of Honda’s total revenue, calculates John Krafcik, president of researcher TrueCar.

USA Today | May 26, 2015

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