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.
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.
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%
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
SANTA MONICA, Calif. , July 24, 2020 (GLOBE NEWSWIRE) -- TrueCar , Inc. (NASDAQ:TRUE) will report its financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020, following the close of market. Mike Darrow , President and Chief Executive Officer, and Noel Watson, Chief
Automaker revenue down 25% due to continued COVID-19 impact SANTA MONICA, Calif. , July 01, 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 3.2% or
New and used vehicle sales continue to recover from April lows SANTA MONICA, Calif. , June 25, 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 1,098,960
Automaker revenue down 29% year-over-year due to COVID-19 impact SANTA MONICA, Calif. , June 01, 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
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.
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
