Press Releases

Keep up with the latest news directly from TrueCar.

TrueCar Forecasts Automotive SAAR to Hit 16.6 Million in August

August 2014 Incentive to ATP Graphic_Final

Incentive Spending as a Percentage of Average Transaction Price Graphic

August 27, 2014

TrueCar Forecasts Automotive SAAR to Hit 16.6 Million in August

“While we continue to keep close tabs on inventories and incentives, we remain upbeat about auto industry sales, segment mix and profitability,” said John Krafcik, president of TrueCar. “Despite one fewer selling day, sales are tracking to match last year’s epic August, while incentive spending changes reflect consumer demand shifting to higher-MSRP, higher-profit vehicle segments, which is a net positive for most full-line automakers.”


TrueCar Among ‘2014 Best Places to Work in Los Angeles’

“Our value proposition to consumers and the industry is compelling, and we can only deliver on that mission with an amazing team,” says TrueCar co-founder and CEO Scott Painter, who established the company in 2005.  “In order to attract top tier talent, we provide a world-class environment and amenities, including views of the Pacific extending from Malibu to Palos Verdes. However, I’m proudest about the culture we have developed; one built on mutual respect, camaraderie and a passion to improve the car-buying experience.”


August 26, 2014

TrueCar Now Serving Targeted Manufacturer Incentives To Customers Of Insurance Affinity Partners

“In addition to helping automakers target their $40 billion incentive budgets, TrueCar enables our insurance affinity partners to provide a delightful customer experience while reducing the incremental costs incurred as a customer recovers from a total-loss event” said John Krafcik, TrueCar President.

August 21, 2014

Nissan Maxima Tops the List of Best Savings in August, According to TrueCar

“The awesome power of data now allows consumers to pinpoint the best time to buy a car — not just in general, but the actual type of car they’re looking for,” said Scott Painter, Founder and Chief Executive Officer of TrueCar. “For instance, if you are shopping for a large SUV, August is your time to buy.”

August 20, 2014

TrueCar Partners With The National Education Association To Provide Negotiation‐Free Savings For Members And Educators

“The NEA’s mission is to advance the cause of public education, and TrueCar is proud to support such an important organization and valued partner,” said Scott Painter, founder and CEO of TrueCar.

August 11, 2014

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