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TrueCar Second Quarter 2020 Conference Call

Aug 06, 2020 at 4:30 PM EDT

Investor Relations

Press Releases

News and views about TrueCar

06

Aug '20

TrueCar Agrees to Sell its ALG Subsidiary to J.D. Power for $135 Million

Board of Directors authorizes $75 million share repurchase program Proceeds from sale of ALG used to support this repurchase program, fortify balance sheet and maintain strategic flexibility SANTA MONICA, Calif. , Aug. 06, 2020 (GLOBE NEWSWIRE) -- TrueCar , Inc.

06

Aug '20

TrueCar Reports Second Quarter 2020 Financial Results

SANTA MONICA, Calif. , Aug. 06, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE) today announced its financial results for the second quarter ended June 30, 2020 . Second Quarter 2020 Financial Highlights Second quarter total revenue of $62.7 million , down (28.8)% from a year ago.

03

Aug '20

ALG Forecasts Average New Vehicle Transaction Price Up 3.3% for July 2020

Automaker revenue increases for the first time since March 2020 SANTA MONICA, Calif. , Aug. 03, 2020 (GLOBE NEWSWIRE) -- ALG, Inc. , a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects average transaction prices (ATP) to be up 3.3%

27

Jul '20

TrueCar’s ALG Forecasts Vehicle Sales Continue to Recover for July 2020 Despite Economic Re-Opening Rollbacks

SANTA MONICA, Calif. , July 27, 2020 (GLOBE NEWSWIRE) -- ALG, Inc. , a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects total new vehicle sales will reach 1,189,928 units in July 2020 , down 18% from a year ago when adjusted for