Press Releases

Keep up with the latest news directly from TrueCar.

Land Rover, Subaru capture top overall brand honors in ALG’s 17th annual Residual Value Awards

ALG, the benchmark for forecasting future vehicle values and the analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE), announced the winners of the 2017 Residual Value Awards, ranking Land Rover and Subaru as the top Premium Brand and Mainstream Brand, respectively.

November 14, 2016

TrueCar Appoints Erin Lantz and Wes Nichols to its Board of Directors

“Erin and Wes are both recognized as strategic technology leaders with a broad range of experience,” said Chip Perry, president and chief executive officer of TrueCar. “We welcome their unique perspectives and leadership as we continue to transform our business.”

November 3, 2016

TrueCar Reports Third Quarter 2016 Financial Results

“In the third quarter, we achieved record results on virtually every operating metric across the company. It’s also becoming more clear that there are many opportunities to grow and expand our business significantly by enhancing the value we provide to consumers, dealers and OEMs.” said Chip Perry, TrueCar’s President and Chief Executive Officer.

TrueCar kicks off a series of Dealer Summit events nationwide

The Dealer Summits are free half-day educational events focused on helping dealers maximize their sales performance by providing dealers insights and best practices on sales process, digital marketing ROI, conversion improvement and profitability. The Dealer Summit events will be geared towards various roles within the dealership, including General Manager, Sales Manager, Marketing Manager and Internet/BDC.

 

October 7, 2016

September auto sales expected to dip slightly but remain on pace for record year

“With the biggest household income growth year-over-year in nearly a decade and full employment, we continue to observe positive signs among consumers to support robust automotive retail demand,” said Oliver Strauss, TrueCar’s chief economist.

 

September 27, 2016

TrueCar shares progress on “Dealer Pledge” initiative

America’s fastest growing third-party automotive site, has just announced the latest update to its “Dealer Pledge” initiative launched earlier this year. The company designed the “Dealer Pledge” to address TrueCar Certified Dealer network concerns, with an emphasis on important changes in product offering, customer service, and messaging.

August 7, 2016

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