Press Releases

27

Mar '20

TrueCar’s ALG Forecasts New Car Auto Sales for March 2020 and the First Quarter

SANTA MONICA, Calif. , March 27, 2020 (GLOBE NEWSWIRE) -- ALG, a subsidiary of TrueCar , and the industry benchmark for determining the future resale value of a vehicle, projects total new vehicle sales will reach 941,735 units in March 2020 , down 37% from a year ago when adjusted for the same

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26

Mar '20

TrueCar Badges ‘Buy from Home’ Car Buying Features Offered by Network Dealers to Help Consumers Identify Remote Buying Options

SANTA MONICA, Calif. , March 26, 2020 (GLOBE NEWSWIRE) -- TrueCar , Inc., the most efficient and transparent online destination to find a car, today launched “Buy from Home” badging as an immediate solution designed to help consumers and dealers safely and remotely navigate car buying in response

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23

Mar '20

ALG Revises 2020 New Vehicle Sales Forecast Scenarios Based on Latest Impact of COVID-19

ALG to Provide Weekly Forecast Updates SANTA MONICA, Calif. , March 23, 2020 (GLOBE NEWSWIRE) -- ALG , a subsidiary of TrueCar , and the industry benchmark for determining the future resale value of a vehicle, is providing an updated 2020 new vehicle sales forecast to account for the quickly

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16

Mar '20

ALG Provides Updated 2020 New Vehicle Sales Forecast Based on Projected Short-Term and Long-Term Impact of COVID-19

Reduces Residual Values to Reflect Slowdown in Latest Release SANTA MONICA, Calif. , March 16, 2020 (GLOBE NEWSWIRE) -- ALG , a subsidiary of TrueCar , and the industry benchmark for determining the future resale value of a vehicle, is providing an updated 2020 new vehicle sales forecast to account

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10

Mar '20

Mike Darrow Named President and Chief Executive Officer of TrueCar

SANTA MONICA, Calif. , March 10, 2020 (GLOBE NEWSWIRE) -- TrueCar , Inc. (NASDAQ:  TRUE ) announced today that Mike Darrow has been appointed President and Chief Executive Officer of TrueCar, Inc. , and will assume a seat on TrueCar’s Board of Directors.

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03

Mar '20

TrueCar’s ALG Forecasts Average New Car Transaction Price to Reach $35,538 up 2.0% Year Over Year for February 2020

SANTA MONICA, Calif. , March 03, 2020 (GLOBE NEWSWIRE) -- TrueCar , the most efficient online platform to find a car, (NASDAQ: TRUE ) and its data and analytics subsidiary, ALG , project average transaction prices (ATP) to be up 2.0% or $701 from a year ago and down 1.0% or $360 from January 2020 .

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26

Feb '20

TrueCar’s ALG Forecasts New Car Auto Sales Up Slightly for February 2020 with Used Auto Sales up 6%

SANTA MONICA, Calif. , Feb. 26, 2020 (GLOBE NEWSWIRE) -- TrueCar , the most efficient online platform to find a car, (NASDAQ: TRUE ) and its data and analytics subsidiary, ALG , project total new vehicle sales will reach 1,373,516 units in February 2020 , up 0.2% from a year ago when adjusted for

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20

Feb '20

TrueCar Reports Fourth Quarter and Full Year 2019 Financial Results

SANTA MONICA, Calif. , Feb. 20, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc.  (NASDAQ: TRUE) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2019. Fourth Quarter 2019 Financial Highlights Fourth quarter total revenue of $89.7 million , down (2)% from $91.1

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20

Feb '20

TrueCar Announces Short-Term Extension of USAA Car Buying Service

Partnership to remain in effect through September 2020 SANTA MONICA, Calif. , Feb. 20, 2020 (GLOBE NEWSWIRE) -- TrueCar, Inc . (NASDAQ: TRUE) announced today that it has entered into a short-term agreement effective February 14 to extend its partnership with USAA Federal Savings Bank (USAA FSB) to

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15

Feb '20

TrueCar Earns “Top Rated” DrivingSales Dealer Satisfaction Award

Ranked #1 in Dealer Satisfaction, TrueCar wins award in the New Car Leads category for second consecutive year SANTA MONICA, Calif. , Feb. 15, 2020 (GLOBE NEWSWIRE) -- TrueCar , the most efficient and transparent online destination to find a car, today announced that it has received the “Top Rated”

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