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TrueCar.com

DealersLink’s New Site to Compete With Cars.com, TrueCar

DealersLink will be entering the retail classified space with a new website it will showcase at this month’s NADA Convention & Expo. According to company officials, the site will promote ‘dealership prestige’ utilizing cloud-based and mobile app technologies.

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TrueCar Dealer Enrollment Hits All-Time High

TrueCar added 840 franchise and independent dealers in the first quarter of 2015, the biggest ever volume gain in company history, company officials said.

TrueCar Posts Record Revenue in Q2

For the first time in company history, TrueCar posted revenues exceeding $50 million. The feat was attributed to gains in the firm’s dealer count, market share and transactions.

New TrueCar Policy Raises Questions

TrueCar takes fire for new write-off policy that requires dealers to pay for every TrueCar user who walks through their door and buys a vehicle. The company’s chief executive said the new policy was added to provide clarity, not to punish loyal users of the service.

TrueCar: Transaction Prices Up 1.1 Percent in March

The average transaction price for light vehicles was $31,087 in March 2013, an increase of $339 over last March. The average incentive for light vehicles was down $44 compared to last year.

TrueCar: January New-Car Sales to Rise 15 Percent

TrueCar predicts January’s SAAR will reach 15.4 million, the highest reading since 2008. It also predicts that incentive spending will drop to its lowest level since October 2005.

TrueCar: November New-Car Sales Should Rise 13 Percent

If TrueCar’s November sales prediction holds up, the industry will have realized its highest SAAR reading since February 2008.

TrueCar Continues Corporate Evolution

The auto information site debuted a new print and TV ad that highlights 'a transformation of the company’s culture.’ Officials say the company’s makeover is the result of its work with its dealer council.

New-Car Sales to Rise 12 Percent in October, TrueCar.com Predicts

Despite incentive spending falling to its lowest level since May 2011, TrueCar estimates October’s SAAR to come in at 14.9 million units, the second highest rate in 2012.

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Transaction Prices Rise, Incentives Fall in September, TrueCar Reports

Despite higher transaction prices and lower incentives, consumers continue to show they're in a buying mood, TrueCar reports.

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