Truecar Inc

TrueCar, Inc. engages in the operation of data-driven online platform which provides dealers and automakers with automobile information. It provides pricing transparency about what other people paid for their cars. The firm's products include Used Cars for Sale, Sell My Car, Local Pricing, and Lease a Car. The company was founded by Thomas Taira, James Nguyen, Scott Painter and Bernard Brenner in February 2005 and is headquartered in Santa Monica, CA.

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TrueCar reports strong Q1 growth and strategic priorities for future success

TrueCar's Q1 performance showcased strong growth in unique visitors and the launch of TrueCar+ Wholesale Solutions. The company's strategic priorities and focus on personalized experiences position it for future growth, despite challenges faced by independent dealers. Opportunities lie in customer acquisition and leveraging top of funnel traffic for dealer sales.

TrueCar reports Q2 revenue growth and market dominance in electric vehicles

TRUE (TRUE) Q2 2023 Earnings Call highlighted positive financial performance, a strong market position in electric vehicles, and strategic cost actions. However, challenges in monetization and managing expenses persist, while opportunities lie in TrueCar Plus rollout and personalized marketing strategies.

TrueCar surpasses Q3 expectations, focuses on reshaping car-buying experience

TrueCar's Q3 performance exceeded expectations, and the company is focused on reshaping the car-buying experience. While facing inquiries about growth strategy and dealer engagement, TrueCar sees opportunities in long-term revenue goals and engagement with dealers.

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A decent earnings report was overshadowed by the loss of a key partnership.

Why Shares of TrueCar Are Slumping Today

The partner refers 29% of TrueCar's sales.

TrueCar Earnings Beat Expectations, but a Key Partner Is Departing

TrueCar, Inc. (TRUE) CEO Mike Darrow on Q4 2019 Results - Earnings Call Transcript

TrueCar Inc. TRUE, +2.89% shares tanked 19.7% in extended trading Thursday after the automotive pricing and information website reported fourth-quarter earnings that were shy of Wall Street estimates.

TrueCar's stock tanks nearly 20% on widening loss, lower revenue

Innovation Awards are presented in the Design, Technology, Powertrain, and Convenience Categories and will be presented to the winners ahead of the Canadian International Auto Show in Toronto. Innovation Awards are presented in the Design, Technology, Powertrain, and Convenience Categories and will be presented to the winners ahead of the Canadian International Auto Show in Toronto.

ALG Recognizes Canada’s Most Innovative Vehicles of 2020

Hyundai Sonata and Chevrolet Corvette win top honors Hyundai Sonata and Chevrolet Corvette win top honors

ALG Announces the Best Vehicle Redesigns of 2020

Automakers Expected to Reach More Than $39B in Revenue Automakers Expected to Reach More Than $39B in Revenue

TrueCar’s ALG Forecasts Average New Car Transaction Price to Reach $35,521, up 2.0% Year Over Year for January 2020

Women play a leading role in more than 80% of car purchases. TrueCar is trying to corner the market, with a Pentagram-led brand revamp.

TrueCar’s redesign targets the people who really buy cars—women

TrueCar is going to impressive new lengths to change the way it does business...and the way car buyers perceive it.

TrueCar Launches New Way Of Doing Business; Will This Change Work Wonders?

Intuitive Car Buying and Discovery Experience Designed for the Way Modern Consumers Shop Today Intuitive Car Buying and Discovery Experience Designed for the Way Modern Consumers Shop Today

TrueCar Launches New Product and Brand

SANTA MONICA, Calif., Jan.  28, 2020  (GLOBE NEWSWIRE) --   TrueCar , Inc.’s (NASDAQ:  TRUE ) data and analytics subsidiary,  ALG , projects total new vehicle sales will reach 1,099,510 units in January 2020, down 2.9% from a year ago. This month’s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 16.5 million units. Excluding fleet sales, ALG expects U.S. retail deliveries of new cars and light trucks to be 887,729 units, a decrease of 0.8% from a year ago.

TrueCar’s ALG Forecasts New Car Auto Sales Remain Steady, Down Slightly for January 2020

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ALG’s 2019 Forecast within 0.01% of Actual New Vehicle Sales ALG’s 2019 Forecast within 0.01% of Actual New Vehicle Sales

TrueCar’s ALG Forecasts 16.9 Million New Vehicle Sales for 2020

Innovation Awards are presented in the Design, Technology, Powertrain, and Convenience Categories and will be presented to the winners ahead of CES Innovation Awards are presented in the Design, Technology, Powertrain, and Convenience Categories and will be presented to the winners ahead of CES

ALG Recognizes the Most Innovative Vehicles of 2020

Automakers Expected to Reach More Than $56B in Revenue Automakers Expected to Reach More Than $56B in Revenue

TrueCar’s ALG Forecasts Average New Car Transaction Price to Reach $35,932 up 2.4% Year Over Year for December 2019

SANTA MONICA, Calif., Dec.  23, 2019  (GLOBE NEWSWIRE) --  TrueCar , Inc.’s (NASDAQ:  TRUE ) data and analytics subsidiary,  ALG , projects total new vehicle sales will reach 1,567,254 units in December 2019, up 0.2% from a year ago when adjusted for the same number of selling days. This month’s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 17.2 million units. Excluding fleet sales, ALG expects U.S. retail deliveries of new cars and light trucks to be 1,322,551 units, a decrease of 2% from a year ago when adjusted for the same number of selling days.

TrueCar’s ALG Forecasts December 2019 New Car Sales to Finish the Year Up

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SANTA MONICA, Calif., Dec.  05, 2019  (GLOBE NEWSWIRE) --   PenFed Credit Union,  TrueCar  and  Volvo Car USA  have partnered on a private targeted incentive program that provides preferred pricing and other incentives for PenFed members. 

PenFed Credit Union and TrueCar Partner with Volvo Car USA to Provide PenFed Members with Preferred Pricing and Incentives on New Volvo Vehicles

Automakers Expected to Reach Nearly $50B in Revenue, Up 2.2% Year Over Year Automakers Expected to Reach Nearly $50B in Revenue, Up 2.2% Year Over Year

TrueCar’s ALG Forecasts Average New Car Transaction Price to Reach $35,623 up 1.3% Year Over Year for November 2019

SANTA MONICA, Calif., Nov.  26, 2019  (GLOBE NEWSWIRE) --  TrueCar , Inc.’s (NASDAQ:  TRUE ) data and analytics subsidiary,  ALG , projects total new vehicle sales will reach 1,399,639 units in November 2019, down 3% from a year ago when adjusted for the same number of selling days. This month’s seasonally adjusted annualized rate (SAAR) for total light vehicle sales is an estimated 16.9 million units. Excluding fleet sales, ALG expects U.S. retail deliveries of new cars and light trucks to be 1,193,462 units, a decrease of 2.6% from a year ago when adjusted for the same number of selling days.

TrueCar’s ALG Forecasts New Car Auto Sales Remain Steady, Down Slightly for November in Similar Trend Throughout 2019

As of late, it has definitely been a great time to be an investor in TrueCar, Inc. (TRUE).

TrueCar, Inc. (TRUE) Shares March Higher, Can It Continue?

TrueCar, Inc. (TRUE) CEO Mike Darrow on Q3 2019 Results - Earnings Call Transcript

News for Truecar Inc Stock (TRUE)