Press Releases

Keep up with the latest news directly from TrueCar.

TrueCar boosts 2015 U.S. sales forecast to 17.4 million bolstered by robust September

“Fundamental indicators point to an outstanding market, with auto sales poised to hit a 15-year high,” said TrueCar Executive Vice President Larry Dominique, who also leads TrueCar’s ALG unit. “A flourishing industry positions annual automaker revenue to hit $565 billion for the first time.”

October 1, 2015

Late Labor Day helps fuel double-digit September gain

“With 27 percent of VW sales coming in the form of TDI-equipped cars, we expect an immediate impact on the brand until the stop-sale on TDI vehicles ends,” Lyman said.

September 24, 2015

September model year-end promotions mean buying opportunity for thrifty car shoppers

“Consumers should prioritize what is most important to them: owning the latest model year or saving money,” said Eric Lyman, TrueCar’s vice president of industry insights. “Those opting to purchase this month are making a decision that benefits their wallets as September offers savings of as much as 20 percent off MSRP for some vehicles.”

September 17, 2015

TrueCar statement on John Krafcik

“John’s tireless efforts these past 18 months have been a tremendous benefit for TrueCar, and his influence will continue to be felt in the months ahead as programs he initiated come to fruition,” said Chris Claus, TrueCar’s Lead Independent Director. “He helped improve a car company while at Hyundai and worked to improve car-buying for dealers and consumers at TrueCar. We thank him for his service as president and are pleased that we’ll continue to work with him as a member of our Board.”

September 14, 2015

Automaker revenue to reach $49 billion in August

“The auto market remains healthy and ATP in August should hit a monthly record,” said TrueCar Executive Vice President Larry Dominique, who also runs TrueCar’s ALG unit. “Consumer confidence remains strong as evidenced by steady demand, particularly for luxury and higher trim level vehicles, which has resulted in $49 billion of revenue for automakers this month.”

August 31, 2015

August SAAR increase to 17.4 million, with full Labor Day sales impact pushed into September

“Despite the tough comparison with last August, robust demand for crossovers and pickup trucks continues this month and the industry is right on plan to hit our revised 17.2 million-unit projection for 2015,” said Eric Lyman, TrueCar’s vice president of industry insights. “Last August was a very strong month, with a built-in sales bump from Labor Day. With the Labor Day delay, we anticipate a lot of buying activity in September.”

August 26, 2015

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