Press Releases

Keep up with the latest news directly from TrueCar.

TrueCar projects May retail auto sales to expand 2.4% following robust holiday weekend demand

“Retail sales ramped up this month, with strong holiday promotions pulling in shoppers ready to start the summer with a brand new vehicle,” said Eric Lyman, vice president of industry insights for TrueCar. “This month solidifies that the industry’s expansion continues unabated. With very healthy retail performance and modest incentive spending, the industry is in a solid position to finish the year with 17.1 million units.”

May 28, 2015

TrueCar sees Memorial Day demand spike as site traffic projected to reach 6.2 million unique visitors

May 26, 2015

TrueCar responds to lawsuit filed by California New Car Dealers Association

May 20, 2015

TrueCar finds big savings on big trucks in May

“The initial success of the all-new aluminum body F-Series is undeniable,” said John Krafcik, president of TrueCar. “We project that positive sales and revenue momentum will continue and expect automakers within the full-size segment to offer larger-than-usual discounts to remain competitive

May 18, 2015

TrueCar enhances car-buying experience with tailored TrueCash offers, mobile Model Showcase

TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling mobile marketplace, is enhancing the car-buying experience with the addition of TrueCash, which provides personalized incentive offers, and upgrades to its mobile app including Model Showcase and improved dealer communications features.

 

May 11, 2015

TrueCar projects compact utilities to become top-selling U.S. vehicle segment in 2015

“Car-buyers’ shift in preference to utilities from sedans is a clear secular trend we see in TrueCar demand data, transaction price data and sales results,” said John Krafcik, president of TrueCar. “Given how well compact utilities meet consumer functionality and fuel-economy needs, smart automakers have leaned into the segment and benefitted from significantly higher revenue and margins.”

May 4, 2015

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