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Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 The pricing was below the company''s earlier, estimated IPO range of $12.00 TrueCar is trading on the NASDAQ Global Select Market as TRUE. truecar true buying service scott painter' The company raised around $71.1M
Santa Monica-based TrueCar , which operates a technology driven, car buying service, has inked a big deal with the AARP , the group which serves people age 50 and over. truecar aarp automobile buying program pricingprice auto' Financial impact of the deal was not announced. READ MORE>>.
Santa Monica-based TrueCar , the car pricing startup headed by Scott Painter, has announced a new product today, focused on used vehicle pricing. The new service shows consumers a price distribution curve, so that consumers can see how a used car might sell for based on actual, marketing listing prices.
In a major launch, Santa Monica-based TrueCar , the online new and used car pricing website, said it has launched a redesigned website and new ad campaign. TrueCar, which is headed by Scott Painter, said it has launched a $7.7M advertising campaign developed by Santa Monica's DW+H, to help position it as a national brand.
Santa Monica-based TrueCar , the new car pricing data startup headed by Scott Painter, said Monday that it has inked a deal with automotive publisher High Gear Media , where High Gear will include TrueCar's data on its network of web sites. Tags: truecar publishing auto automotive pricing. READ MORE>>.
In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar's data from those purchasing programs fuel the data it uses on its consumer facing website.
Santa Monica-based TrueCar , the car pricing and information site, said Monday that it has updated its ClearBook used car valuation site. TrueCar said the updated, ClearBook 2.0 TrueCar said the updated, ClearBook 2.0 TrueCar is headed by Scott Painter. ClearBook was originally launched in February. READ MORE>>.
Santa Monica-based TrueCar announced Monday that it has added two more, AAA clubs to its list of customers using its services. TrueCar said that it will power the online car buying programs for AAA Oklahoma/South Dakota and AAA Hoosier, the 21st and 22nd AAA organizations using TrueCar'sservices.
Santa Monica-based TrueCar , the auto pricing data firm headed by Scott Painter, announced Friday that it is looking to measure the ratings of the "hottest" vehicles from its data, with a new web service called TrueBuzz. Tags: truecar vehicle pricing data prediction software automobile. READ MORE>>.
Santa Monica-based TrueCar , the publisher of real-time automotive pricing information headed by Scott Painter, said yesterday afternoon that it has appointed Todd Daum as Chief Marketing Officer. Daum joins TrueCar from Automoti.com, where he was Chief Operating Officer. Automoti.com was sold to Hertz in 2009. READ MORE>>.
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. TrueCar said that it saw around 400,000 sales alone in 2013. READ MORE>>.
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.
Santa Monica-based TrueCar , which provides real-life pricing data on new cars, based on actual dealer sales, said Tuesday that the firm has begun showing guaranteed upfront pricing from local dealers. The new auto buying services come as part of a partnership with Zag, which operates online car buying programs.
TrueCar , the Santa Monica-based provider of auto buying and pricing software, is powering another online vehicle purchase service with a deal with Regions Bank , the company said today. Financial impact of the deal was not disclosed.
Santa Monica-based TrueCar , the automotive software and purchasing service headed by Scott Painter, claims this morning that it has saved more than $1 billion for car consumers. TrueCar's platform is used by automotive discount and purchasing programs from credit unions and others, as well as by dealers with upfront pricing programs.
Santa Monica-based TrueCar , the online car purchasing firm headed by Scott Painter, is further ramping up its outreach to dealers, saying this morning that it has formed a new "National Dealer Council" which will work with experienced dealers to recommend and improve collaboration between the company and auto dealers. READ MORE>>.
TrueCar is the first ever Internet service that tells you exactly how much other people in your area paid for the car you want to buy. You enter your make, model, trim & year and out pops a price curve of purchases in your area and in most states you will then be offered a fixed price to purchase that car.
Santa Monica-based TrueCar reported today that it has named Pat Watson as its new Vice President, Industry Relations. TrueCar said the move will go towards strengthening its relationships with the industry. Watson had been at the association for 39 years. READ MORE>>.
Santa Monica-based TrueCar , the online auto buying site led by Scott Painter, said Monday that it is addressing compliance issues and concerns with its service with a change to its billing model. TrueCar said Virginia has been okay with flat fee billing since January of 2001.
Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.
Santa Monica-based TrueCar , which provides a service to let users get upfront pricing on automobiles from dealers, said today that it has just surpassed 1 million downloads of its smartphone app. truecar download automobile mobile dealer vehicle auto' READ MORE>>.
Santa Monica-based TrueCar , the online automobile pricing firm headed by Scott Painter, has rolled out a new tool that the firm says gives the actual dealer cost structure for new automobiles. TrueCar explained that by giving the true cost of cars to dealers, consumers "will likely pay more for the same vehicle." READ MORE>>.
Santa Monica-based TrueCar , the online auto pricing and buying service headed by Scott Painter, said today that it has set up its own, in-house broadcasting studio, to allow its experts to provide live and taped interviews.
Santa Monica-based TrueCar , the online car buying service led by Scott Painter, has acquired the domain name True.com , which it says will be using for brand expansion and as an umbrella domain name. TrueCar did not say exactly how it intends to expand its service. truecar true domain merger acquisition domainer'
Santa Monica-based TrueCar has officially launched its new car pricing site today, saying that it is now providing consumers with details on the prices paid for people on cars in their area. The new service is free, and is based on automotive transactions within the last four weeks. READ MORE>>.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag, said today that it is targeting dealers with a new web site, to help dealerships price vehicles based on market data. Pricing on the new dealer-centric offering was not disclosed. Tags: truecar automotive. READ MORE>>.
Santa Monica-based online auto pricing and sales site TrueCar said it is looking to improve services to dealers and strengthen relationships with its dealers, through the appointment of a new executive. TrueCar said it has named Brian Skutta as its new Executive Vice President of Dealer Sales and Service.
Santa Monica-based TrueCar is continuing to bolster its links to automotive dealers, as it looks to improve its relationship with the auto dealer industry, saying this morning that it has named Paul Edmonds as Senior Vice President of Dealer Marketing and Opeartions. READ MORE>>.
Auto maker Honda is taking direct aim at Santa Monica-based TrueCar , with threats to pull advertising allowances from dealers who list below invoice on the site, according to a report from the LA Times. In the report, the Times says that TrueCar is now on track to reach $100M in revenues this year.
Santa Monica-based automotive buying serviceTrueCar said Thursday that it is powering a new car buying service on CarandDriver.com , the online automotive website which is part of Heart Autos. Consumers can also go directly to the service at a dedicated website. Financial impact of the deal were not announced.
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.
Santa Monica-based TrueCar --which has been in the midst of extending the olive leaf out to car dealers put off by its pricing pressure--said it has updated its "Dealer Pledge" initiative, improving its efforts to address concerns of its dealers. TrueCar posted the updated pledge online. READ MORE>>.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, disclosed Wednesday that the firm has inked distribution deals with five automotive websites. According to TrueCar, it will provide its price reports on Pricequotes.com , Carbuyingtips.com , Carzen.com , Carpricesecrets.com , and Cardevotion.com.
Santa Monica-based TrueCar , which provides online services to help connect people looking for cars with auto dealers, said on Thursday that it has linked up with a charity, DAV , which helps disabled veterans gain access to vehicles, as part of its own program for injured veterans, DrivenToDrive. READ MORE>>.
Santa Monica-based TrueCar , the online car pricing site--which has made its name from revealing the full pricing details behind local car purchases--said this week that it had acquired a brand, new domain-- True.com. However, the company didn''t announce the price it paid for its shiny new domain name. READ MORE>>.
Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, annoucned today that it has hired the Chief Evangelist from Edmunds. Tags: truecar executive edmunds automotive pricing. Toprak spent nine years at Edmunds, in addition to earlier experience at automotive franchises. READ MORE>>.
I researched the pricing of the car at TrueCar – not because we’re an investor – but because it gives you complete price transparency over what other people in your area paid for a car. “Invoice price” is an equally meaningless marketing tool. As many air bags as possible. But I digress.
Santa Monica-based TrueCar announced on Wednesday that it has promoted David Green to Senior Vice President of Major Accounts, within the company's Dealer Sales and Service Team. Green has been at TrueCar since 2015. Green previously served at Sonic Automotive and Showcase Honda in Phoenix. READ MORE>>.
Santa Monica-based TrueCar has named a new executive to head up dealer sales, saying on Thursday that it has named Jim Menard as its new Senir Vice President of Dealer Sales. TrueCar said Menard will head up efforts to strengthen dealer relationships across its network. Menard was previously President and GM of the U.S. READ MORE>>.
Scott Painter , the CEO of Los Angeles-based auto purchasing serviceTrueCar , said Thursday that he will be stepping down as CEO of the company by the end of the year. Painter has been CEO of the company since he founded TrueCar in 2005. READ MORE>>.
Irvine-based Kelley Blue Book , the provider of used car pricing information, said today that it has launched a new effort to provide more granular used car values, with the launch of pricing specific to 51 regions in the U.S. READ MORE>>.
You've also got a deal with TrueCar, correct? There are services out there, that provide a no-haggle service, where you set the price online, the dealership agrees to it, you step into a dealership near your house, know the exact price, get an appointment, your paperwork is done, and half an hour and you're out of there.
He shared tons of information about how how they were using marketing to quantitatively make marketing decisions at HauteLook and acquire customers for prices that were far cheaper than similar companies. We both wanted to put energy into GRP’s platform of services that provide more value to our investments than merely capital.
Not sure if you're getting the best price on your new solar power system? A new, Los Angeles startup, Pingo Solar --backed by technology veterans Jerry Slavonia, Kang Ahn, and others--said it is about to launch a new service to provide more transparency to the solar industry.
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