Press Releases

Keep up with the latest news directly from TrueCar.

TrueCar to Announce First Quarter 2016 Financial Results on May 5

TrueCar, Inc. (NASDAQ: TRUE) will report its financial results for the first quarter ended March 31, 2016, on Thursday, May 5, 2016, following the close of market.



April 19, 2016

March auto sales revenue poised to hit $55 billion, marking 27th consecutive month of expansion

“The first quarter of the year appears to have ended nicely for automakers, marked by healthy consumer demand and solid transaction price growth,” said Eric Lyman, TrueCar’s vice president of industry insights. “For the quarter, we expect sales to outpace the year-ago period by 5 percent and each month in 2016 has set a year-over-year revenue record.”

April 1, 2016

TrueCar appoints Jim Menard to lead dealer sales team

“I’m excited about the direction TrueCar is headed and the positive impact it will have on the auto industry,” said Menard. “I will strive to build an outstanding sales organization that dealers consider an essential partner to their business. TrueCar is poised to develop an even more productive relationship with both dealers and consumers, and I look forward to being a part of the process.”

March 31, 2016

TrueCar Overhauls User Experience to Benefit Both Consumers and Dealers

“Our goal is to provide the best value for car buyers and dealers among all third-party automotive sites, but it was apparent to me that there were aspects of TrueCar’s service that were suboptimal,” Perry said. “It was also apparent that we could make a series of modifications to improve the value we provide to dealers without diminishing in any way our usefulness to consumers.”

March 27, 2016

March auto sales likely to climb 7.6% as consumers spring to dealerships

“Sales in the first quarter of this year continue to expand and the overall retail mix suggests consumers are still feeling confident,” said Eric Lyman, TrueCar’s vice president of industry insights. “Organic demand is always a favorable sign for automakers as it lessens their reliance on fleet sales, while sustaining healthy year-over-year growth.”

March 24, 2016

Toyota, Infiniti capture top overall brand honors in 1st annual TrueCar Pre-Owned Value Awards

POVAs recognize pre-owned model year 2014 vehicles across 27 segments available for resale in 2016 that are expected to retain the highest percent of their value over the next three years. The awards will be presented to automakers this week at the New York International Auto Show.

March 20, 2016

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