Press Releases

Keep up with the latest news directly from TrueCar.

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

Consumers find lucky savings this March as Japanese carmakers conclude fiscal year

“The close of Japan’s fiscal year at the end of March translates into heightened savings this month on many popular products,” said Eric Lyman, TrueCar’s vice president of industry insights. “Japanese auto brands aiming to reach annual sales targets are offering notable incentives, creating great opportunities for those ready to buy.”

March 16, 2016

Automakers to see $44 billion in revenue on solid new vehicle sales growth in February

“Transaction prices and revenue gains continued to climb this month underlining the continued vibrancy of the auto industry,” said Eric Lyman, TrueCar’s Vice President of industry insights. “Cupid was hard at work in February, as consumers continued to brave the winter weather to land the best deal on the vehicle they love.  Some manufacturers will likely benefit with double-digit percentage increases this month.”

March 1, 2016

TrueCar to participate in upcoming February conferences

The presentations will be webcast live on the Internet, accessible through the Investor Relations section of TrueCar’s website at ir.true.com. In addition to the live webcast, replays will be available on TrueCar’s website for 90 days following each event.

February 24, 2016

February auto sales poised to leap year over year

“Demand for new cars and trucks this month looks strong enough to lift new sales in February to the highest level in over 15 years,” said Eric Lyman, TrueCar’s vice president of industry insights. “It’s a sign that consumers remain generally confident in the economy and their finances – and are even willing to brave winter weather to buy a new vehicle.”

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