Press Releases

Keep up with the latest news directly from TrueCar.

TrueCar Reports First Quarter 2016 Financial Results

May 5, 2016

April auto sales revenue set to reach $49.7 billion, marking 28th consecutive monthly increase

“Market conditions remain positive as the longest expansion in U.S. auto sales in the post-World War II era continues,” said Eric Lyman, TrueCar’s vice president of industry insights. “We’ll want to see automakers maintain incentive spending discipline throughout the year as the industry approaches a new all-time volume record.”

May 3, 2016

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

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