Press Releases

Keep up with the latest news directly from TrueCar.

New auto sales in November to reach monthly record

“This continues to be a standout year for the industry, with November sales likely setting a monthly record,” said Eric Lyman, TrueCar’s vice president of industry insights. “Consumers are excited about Black Friday promotions and these month-long events appear to be resonating with car buyers. Brands that advertised early, Chevrolet, Hyundai, Jeep and Ram, are expected to outperform the industry.”

November 24, 2015

Chip Perry biography

Chip Perry will become TrueCar’s President and Chief Executive Officer on December 15, 2015.

November 23, 2015

TrueCar names Chip Perry chief executive officer

“I’ve followed TrueCar’s progress for many years and am truly excited to be joining the company. TrueCar has built incredible tools for car buyers and retailers and has a strong base on which to grow,” Perry said. “My initial focus will be on TrueCar’s dealer partners – listening to them and finding ways to serve them better.”

Land Rover, Subaru capture top overall brand honors in ALG’s 16th annual Residual Value Awards

“Residual values are a key indicator for the market success of a vehicle, factoring in quality, product execution and brand desirability as primary drivers of ALG’s forecast,” said Larry Dominique, president of ALG and executive vice president of TrueCar. “With depreciation being the single biggest expense of vehicle ownership, informed consumers are aware of the importance of residual values when making their purchase decision. Consequently, an ALG Residual Value Award is a meaningful differentiating asset in the hyper-competitive automotive landscape.”

November 17, 2015

Early Black Friday push fuels substantial savings on new vehicles in November

“Black Friday programs in the auto industry are notably robust this year,” said Eric Lyman, TrueCar’s vice president of industry insights. “Similar to last November, automakers are getting an early start on Black Friday-themed advertising to keep consumers headed to dealer showrooms.”

November 16, 2015

TrueCar to participate in upcoming November conferences

November 6, 2015

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