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TrueCar Sells 1 Million Cars, Hits $31 Billion In Total Sales

socalTECH

Santa Monica-based TrueCar , the auto pricing and sales company headed by Scott Painter, said late yesterday that it has sold its one millionth vehicle through its service, and that $31 billion in sales have gone through its network to date. monthly retail vehicle sales. monthly retail vehicle sales.

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TrueCar Wins U.S. News and World Report

socalTECH

TrueCar , the auto pricing and automotive buying technology provider based in Santa Monica, said today that it has been selected by the U.S. News & World Report to provide used car pricing and valuation to the publisher. TrueCar said that U.S. publishing usnews clearbook used pricing buying auto truecar'

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TrueCar Tops 500,000 Cars Sold

socalTECH

Santa Monica-based TrueCar , the online automotive purchasing program and technology developer, has just topped 500,000 cars sold on its platform, the firm reported this morning. The numbers reflect some momentum to the firm's services, which took five years to sell the first 100,000 vehicles.

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How You Know You’ve Got the Right Startup Model?

Both Sides of the Table

If you’ve watched any industry in the last 20 years where technology has begun to transform how the industry works the results are always predictable driven by what Clay Christensen appropriately called “ The Innovator’s Dilemma ” (one of the most influential books that changed my thinking about markets).

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. The consumer product they’ve created is called TrueCar.

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How Fair, Scott Painter's New Startup, Is Creating A New Model For Car Ownership

socalTECH

Painter, who was previously CEO and founder of TrueCar, and has a long history in the automotive purchasing and financing industry, sat down with us to discuss Fair, what he learned at TrueCar, and how he hopes Fair will transform the auto industry. What lessons did you learn from TrueCar, which are you are applying here?

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Spotlight Ticket Management Gains $2.5M

socalTECH

Santa Monica-based TrueCar , the online car pricing site run by Scott Painter, said today that it has named Stephen Hansen as the firm's new President and COO. Hansen was most recently CEO and Chairman of WePlay, and also has served at Avamar Technologies and was Chief Operating Officer of GeoCities. READ MORE>>.

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