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Press Releases

News and views about TrueCar


May '20

TrueCar Announces Strategic Restructuring

Workforce Reduction Expected to Reduce Annualized Expenses by Approximately $35 Million SANTA MONICA, Calif. , May 28, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE) announced today a strategic restructuring of its workforce to reinforce its pursuit of a best-in-class car buying experience.


May '20

TrueCar’s ALG Forecasts Vehicle Sales for May 2020

Vehicle sales show signs of positive recovery following states reopening economies SANTA MONICA, Calif. , May 26, 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


May '20

TrueCar Extends Financial Support to Dealer Partners into June

SANTA MONICA, Calif. , May 21, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, announced today the continuation of financial payment relief for its dealer customers through June.


May '20

Vehicle Shopping Now Higher than Pre COVID-19 Levels with Consumers Seeking Custom and Remote Purchasing Solutions

According to TrueCar Marketplace Data and 3-Wave COVID-19 Car Buying Research SANTA MONICA, Calif. , May 19, 2020 (GLOBE NEWSWIRE) -- TrueCar , Inc., the most efficient and transparent online destination to find a car, today published COVID-19 car buying insights based on TrueCar’s own marketplace