Press Releases

Keep up with the latest news directly from TrueCar.

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.

November 3, 2016

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

TrueCar Reports Second Quarter 2016 Financial Results

August 4, 2016

July auto sales simmer as summer heats up and slows consumer traffic

That level of growth would push the seasonally adjusted annualized rate (SAAR) for total light vehicle sales to an estimated 17.7 million units for the month, up from a 17.6 million-unit SAAR a year ago. Excluding fleet sales, U.S. retail deliveries of new cars and light trucks should decline 0.7 percent to 1,318,200 units based on some soft spots in consumer demand.

July 28, 2016

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