Press Releases

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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13

Feb '20

ALG Announces Canada’s Best Vehicle Redesigns of 2020

Hyundai Sonata and Chevrolet Corvette win top honors The Hyundai Sonata took the top spot in the mainstream category for best 2020 redesign of the year. In the premium category, the 2020 redesign of the year winner is the Chevrolet Corvette. The 2020 Redesign of the Year winners will be presented

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13

Feb '20

ALG Recognizes Canada’s Most Innovative Vehicles of 2020

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. The Kia Telluride earns the top spot in the design category for its striking design and execution.

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04

Feb '20

ALG Announces the Best Vehicle Redesigns of 2020

Hyundai Sonata and Chevrolet Corvette win top honors The Hyundai Sonata took the top spot in the mainstream category for best 2020 redesign of the year. In the premium category, the 2020 redesign of the year winner is the Chevrolet Corvette. The 2020 Redesign of the Year winners will be presented

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