September 14, 2015 - Industry News
John Krafcik is stepping down this week as president of TrueCar to take on a new role as CEO of the autonomous car division of Google.
Tags: AutoNation, Google, hiring, Hyundai, John Krafcik, Scott Painter, TrueCar
August 13, 2015 - Industry News
In a regulatory filing this week, TrueCar said it considers a federal antitrust case against dealers to be closed. The FTC was looking into whether dealers refusing to do business with the car-shopping site back in 2011 and 2012 violated the FTC Act.
Tags: antitrust, Brian Maas, California New Car Dealers Association, CNCDA, Federal Trade Commission, FTC, lawsuit, TrueCar
August 6, 2015 - Industry News
TrueCar CEO Scott Painter has announced that he will vacate his post in the wake of second quarter losses of nearly $15 million.
Tags: AutoNation, quarterly earnings, Scott Painter, TrueCar
August 4, 2015 - Industry News
The firm that filed a mass action lawsuit against TrueCar in March has filed a second suit against the car-shopping site, this time on behalf of current TrueCar subscribers.
Tags: Bellavia Blatt, broker, California New Car Dealers Association, CNCDA, deceptive practices, lawsuit, Leonard Bellavia, TrueCar
July 29, 2015 - Industry News
Confident Financial Solutions has appointed of Tony Orlando as vice president of partner development.
Tags: hiring, TrueCar
July 21, 2015 - Industry News
Former TrueCar executive Ken Potter has joined The Appraisal Lane, a new used-car trade network and communications platform being rolled out to dealers in select markets.
Tags: Ken Potter, new-vehicle leads, The Appraisal Lane, third-party sites, TrueCar, used-vehicle leads
May 21, 2015 - Industry News
The California New Car Dealers Association filed a lawsuit against TrueCar last Wednesday, alleging the that the shopping site is not in compliance with certain sections of the California Vehicle Code — a claim TrueCar has denied.
Tags: Bellavia Blatt, California New Car Dealers Association, CNCDA, lawsuit, TrueCar
May 20, 2015 - Industry News
The California New Car Dealers Association filed a lawsuit Wednesday against TrueCar, alleging that the shopping site is not in compliance with certain sections of the California Vehicle Code.
Tags: California New Car Dealers Association, CNCDA, lawsuit, TrueCar
April 27, 2015 - Industry News
Bellavia Blatt & Crossett has added Thomas Williams, Esq., to its litigation team prosecuting TrueCar for false advertising.
Tags: Bellavia Blatt, false advertisements, haggle, lawsuit, Leonard Bellavia, TrueCar
April 14, 2015 - Industry News
TrueCar added 840 franchise and independent dealers in the first quarter of 2015, the biggest ever volume gain in company history, company officials said.
Tags: internet leads, lead generation, Scott Painter, TrueCar, TrueCar Dealer Council, TrueCar.com
March 11, 2015 - Industry News
The lead provider calls Bellavia Blatt & Crossett’s mass action suit challenging its business practices “meritless.”
Tags: Bellavia Blatt, lawsuit, Leonard Bellavia, TrueCar
March 10, 2015 - Industry News
The law firm of Bellavia Blatt & Crossett has filed a mass action lawsuit against TrueCar, claiming that the lead provider’s business practices constitute false advertising.
Tags: Bellavia Blatt, lawsuit, Leonard Bellavia, New York, TrueCar
December 11, 2014 - Industry News
Pick-up trucks and SUVs account for 6 of the 10 best selling vehicles with transaction prices over $50,000, TrueCar reports
Tags: luxury vehicles, New-Vehicle Sales, trucks, TrueCar
November 18, 2014 - Industry News
Land Rover and Toyota earned top honors during ALG's 15th annual Residual Value Awards, which looks at 26 vehicle segments and forecasts which will retain the highest percentage of MSRP value after three years.
Tags: ALG, awards, Land Rover, residual values, Toyota, TrueCar
October 15, 2014 - Industry News
TrueCar's 9,000 certified dealers have agreed to disclose costs for vehicle accessories and non-governmental doc fees under the firm's new 'No Surprises' initiative.
Tags: certified dealers, online shoppers, TrueCar
September 30, 2014 - Industry News
U.S. News is extending its deal with TrueCar for an additional two years. As part of the new agreement, TrueCar will provide the media outlet's website visitors with access to pre-owned vehicles available through its certified dealer network.
Tags: certified pre-owned vehicles, partnership, TrueCar
September 25, 2014 - Industry News
New projections from TrueCar and J.D. Power show the industry heading to its best September sales month since 2007, with sales expected to be as much as 9.7% better than last year.
Tags: J.D. Power and Associates, New-Vehicle Sales, SAAR, September, TrueCar
September 23, 2014 - Industry News
TrueCar adds four new members to its National Dealer Council, a 20-member advisory panel of automotive retailing experts. With the new additions, the council now represents all major automakers.
Tags: TrueCar, TrueCar Dealer Council
August 12, 2014 - Industry News
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.
Tags: Scott Painter, TrueCar, TrueCar.com
June 26, 2014 - Industry News
The first application to be developed by TrueCar Labs will be “Sell My Car," a mobile application that enables consumers to get an upfront offer on their current vehicles.
Tags: John Krafcik, mobile applications, TrueCar
June 24, 2014 - Industry News
Car buyers believe that dealers make about five times more profit on the sale of a new car than they actually do, according to a new study commissioned by TrueCar.
Tags: customer experience, profitability, survey, TrueCar
May 20, 2014 - Industry News
Last week, TrueCar announced the pricing of its initial public offering of 7,775,000 shares of its common stock at a price to the public of $9 per share.
Tags: initial public offering, IPO, TrueCar
May 1, 2014 - Industry News
John Krafcik, former Hyundai Motor America's president and CEO, has been named president of Web-based dealer network TrueCar.
Tags: Hyundai, TrueCar
April 22, 2014 - Industry News
F&I gross profit per vehicle retailed reached a record $1,407 for the nation’s largest dealer group, but the achievement was overshadowed by the warning executives issued to lead providers.
Tags: AutoNation, lead generation, Mike Jackson, quarterly earnings, TrueCar
April 8, 2014 - Industry News
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
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