Press Releases

Keep up with the latest news directly from TrueCar.

TrueCar to Announce First Quarter 2015 Financial Results on Thursday, May 7th

Scott Painter, Chief Executive Officer, Michael Guthrie, Chief Financial Officer, and John Krafcik, President, will host a conference call to discuss the first quarter results at 4:30 p.m. Eastern Time. In addition, a live webcast of the call will be accessible through the Investor Relations section of TrueCar’s website at www.true.com and will be archived online for 90 days upon completion of the conference call.

April 21, 2015

TrueCar finds sustained low gasoline prices generate savings on fuel-efficient vehicles

“In time for Earth Day on April 22, our detailed transaction data tells us it’s a great time to buy a fuel-saving vehicle,” said Eric Lyman, TrueCar’s vice president of industry insights. “While cheaper gasoline helps make trucks and SUVs more appealing, it also creates an opportunity for consumers to purchase vehicles that will be kind to your pocketbook when gasoline prices rise.”

April 20, 2015

TrueCar targets top tech talent with new San Francisco office

“TrueCar is committed to assembling a team of the absolute best data science and engineering talent,” said Chief Product Officer Tom Taira. “San Francisco, along with Austin, is a natural extension for us.”

April 15, 2015

TrueCar projects record certified pre-owned vehicle revenue in 2015

“Improved inventory means we can expect a stellar year for the used market – and particularly for certified pre-owned vehicles,” said Larry Dominique, TrueCar’s executive vice president and president of ALG, TrueCar’s residual value data unit. “Across the industry automakers have enhanced CPO programs to delight buyers with longer warranties, improve their own residual values, and successfully grow volumes of these high-margin products for their dealers.”

April 13, 2015

TrueCar to power new Safeco Insurance auto-buying program

“This partnership gives us and our dealer partners a great opportunity to deliver a better car-buying experience to Safeco policyholders and site visitors,” said Jim Nguyen, TrueCar’s Co-Founder and EVP of Partner Development. “We’re thrilled to be a valuable part of the Safeco Savings Center. Through our affinity auto-buying programs, our partners have allowed users to save over $3 billion off MSRP while obtaining hassle-free buying experiences.”

April 8, 2015

TrueCar revises up 2015 U.S. new vehicle forecast to 17.1 million units

“This was an outstanding way to kick off the year,” said Eric Lyman, vice president of industry insights for TrueCar. “As we move past harsh weather that lingered in much of the country through March, and with the outlook for the U.S. economy looking even more favorable for the remainder of 2015, TrueCar expects this to be an excellent period for the industry.”

April 7, 2015

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