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April 8, 2014 - Industry News

TrueCar Files for IPO

TrueCar filed a statement this week with the Securities and Exchange Commission for a proposed initial public offering of its common stock.

Tags: initial public offering, IPO, SEC filing, TrueCar

November 19, 2013 - Industry News

TrueCar Reaches 1 Million Vehicle Sales

California’s Parkway Hyundai delivered the milestone sale for the vehicle pricing and information site. The vehicle was purchased by a military retiree.

Tags: Parkway Hyundai, TrueCar

November 19, 2013 - Industry News

TrueCar Ranks Among Fastest Growing Tech Companies

TrueCar ranked 154th on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

Tags: Deloitte, technology, TrueCar

September 10, 2013 - Industry News

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.

Tags: Brittany-Marie Swanson, policies, Scott Painter, TrueCar, TrueCar Dealer Council,

June 6, 2013 - Industry News

TrueCar Dealer Council Adds Six New Members

With the six new additions, TrueCar’s dealer council now includes 20 members who operate 276 franchises in 19 states.

Tags: TrueCar, TrueCar Dealer Council

May 16, 2013 - Industry News

TrueCar Pulls from Hearst Media for New CTO

Mike Dunn

TrueCar hires Mike Dunn as its new chief technology officer. He most recently served as CTO for Hearst Interactive Media, and has held similar positions with Time Warner and Dell Online.

Tags: automotive, chief technology officer, Dell, Internet, Mike Dunn, online, Santa Monica, Scott Painter, technology, TrueCar

April 2, 2013 - Industry News

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.

Tags: incentives, Light-Vehicle Sales, transaction prices, TrueCar,

March 12, 2013 - Industry News

TrueCar Takes Home Bronze Stevie Award

TrueCar wins the award in the "Business Intelligence Solution, New Version” category.

Tags: awards, Stevie Award, TrueCar

February 26, 2013 - Industry News

TrueCar: February SAAR Highest Since 2007

According to TrueCar, February’s SAAR sits at 15.7 million units, the highest SAAR since 2007. Estimated incentive spending is at nearly $2,400 for the month.

Tags: 2013, February, fleet, New-Car Sales, retail, SAAR, TrueCar

January 31, 2013 - Industry News

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.

Tags: January, New-Car Sales, sales predictions, TrueCar,

January 3, 2013 - Industry News

December Transaction Prices Rise to Record High, TrueCar Reports

December was an ideal month for manufacturers. Transaction price rose to record levels while incentive spending continued to fall, TrueCar reports.

Tags: manufacturer incentives, New-Vehicle Sales, transaction prices, TrueCar, vehicle sales

December 27, 2012 - Industry News

December Sales Could Top 1.37 Million Units, TrueCar Reports

TrueCar says the industry is on pace to sell more than 1.37 million units this month, which would put the SAAR at 15.6 million units.

Tags: Incentive Spending, New-Vehicle Sales, SAAR, TrueCar, used-car sales

December 11, 2012 - Industry News

November SAAR Highest Since December 2007, TrueCar Reports

November’s SAAR reached its highest level since the start of the Great Recession, and TrueCar predicts even bigger things for December.

Tags: December, Hurricane Sandy, November, SAAR, sales, TrueCar

December 4, 2012 - Industry News

TrueCar: Transaction Prices Rise in November

November transaction prices, which rose to their highest level in almost a year, show that budget-minded consumers aren’t skimping on modern conveniences.

Tags: November, SAAR, transaction prices, TrueCar

November 29, 2012 - Industry News

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.

Tags: SAAR, social media, TrueCar,

November 19, 2012 - Industry News

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.

Tags: advertising, print, Scott Painter, TrueCar, TrueCar Dealer Council,, TV

November 8, 2012 - Industry News

OpenRoad Lending Partners With TrueCar

TrueCar and OpenRoad Lending forge alliance to improve dealer-to-consumer relationship, according to officials.

Tags: Bernie Brenner, Chris Goodman, financing, Internet, OpenRoad Lending, TrueCar

October 30, 2012 - Industry News

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

Tags: October sales, SAAR, TrueCar,

October 2, 2012 - Industry News

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.

Tags: incentives, September, transaction prices, TrueCar,

September 27, 2012 - Industry News

September to Record Highest SAAR Since 2007, TrueCar Predicts

September new-car sales should be up by 11 percent, says TrueCar, which put the annual sales rate for the month at 14.6 million units.

Tags: SAAR, September, TrueCar,

September 6, 2012 - Industry News

TrueCar Revamps Pricing Curve

As TrueCar aims to regain a positive image and win back dealers, the marketing service revamped its pricing curve by eliminating ‘dealer cost.’

Tags: compliance, dealer cost, DMS, pricing curve, Stewart Easterby, TrueCar,

September 4, 2012 - Industry News

Transaction Prices Up, Incentives Down in August, TrueCar Reports

Higher transaction prices and lower incentive spending didn’t keep car buyers away from dealer lots, a positive sign for automakers and dealers.

Tags: manufacturer incentives, transaction prices, TrueCar

August 30, 2012 - Industry News

TrueCar Predicts 17 Percent Increase in August Sales

TrueCar puts August’s seasonally adjusted annual rate at 14.2 million despite spotting a 6 percent drop in incentive spending.

Tags: Incentive Spending, New-Vehicle Sales, SAAR, TrueCar, used-car sales

August 7, 2012 - Industry News Identifies Top 10 Vehicles in Wealthiest Zip Codes

While luxury cars may fit into the stereotype lifestyles of the rich and famous, TrueCar data shows there are plenty of wealthy consumers who opt to drive mainstream brands.

Tags: luxury brand trends, luxury vehicles, Mercedes-Benz, popular vehicles, Toyota Prius, TrueCar,

July 26, 2012 - Industry News

July New-Car Sales to Be Highest in Five Years, TrueCar Predicts

July ’12 new-vehicle sales are expected to reach their highest level since July ’07, according to

Tags: fleet sales, New-Vehicle Sales, TrueCar,

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