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Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, has scored a new, equity investment and partnership with direct marketing firm Guthy-Renker , the firm announced today. Financial terms of the investment were not disclosed. READ MORE>>.
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' million shares of its stock at $9 per share.
Santa Monica-based TrueCar.com , the online automotive pricing startup headed up by Scott Painter, said Thursday that it has launched a new tool to help new car buyers. TrueCar said that it has launched a Best Local Price tool, which will allow car shoppers to search for the best local deals on a vehicle. 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.
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>>.
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 automotive pricing startup run by Scott Painter, is launching a new site today focused on used car pricing. The new site ClearBook.com , offers us a used car vehicle index, aggregating used car marketplace sales to provide pricing guidance for consumers and dealers. READ MORE>>.
Santa Monica-based TrueCar , which provides automotive pricing information and powers automotive buying programs with its software and systems, said Friday that it is in an extensive, multi-year commitment to support female race car drivers.
Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the financng round included USAA, Capricorn Investment Group and GRP Partners, all existing investors in the firm.
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>>.
Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. 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 online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new funds will go towards market expansion, product development, and to build its brand. READ MORE>>.
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 has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners.
TrueCar , the online auto pricing and operator of auto buying programs said Thursday that AAA Carolinas has partnered with the company, and will use TrueCar to power its online auto buying program. TrueCar said AAA Carolinas is the 18th AAA organization which is powering their auto buying program with TrueCar.
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 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 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's services.
Los Angeles-based TrueCar , the online car pricing site run by Scott Painter, said today that it has launched a mobile version of its site. TrueCar said the site is accessible either by going to its main url, or to its mobile site at mobile.truecar.com. TrueCar is a spinout of Zag Automotive, which is also run by Painter.
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 partnership brings TrueCar--which is a spinout of Zag and also run by Zag CEO Scott Paitner--full circle.
Santa Monica-based TrueCar , the automotive pricing startup headed by Scott Painter, said yesterday that it has rolled out a new, monthly consumer price report. TrueCar is a spinout of Zag Automotive, and gathers its data from actual sales information from local dealerships. READ MORE>>.
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.
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'
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 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>>.
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 spinout of Zag Automotive which provides data on new car pricing, said today that it has partnered with automotive online marketing firm HomeNet Automotive. According to TrueCar, it will delier new car pricing data and information to HomeNet's Inventory Online Internet Marketing Suite.
Santa Monica-based TrueCar , the automotive pricing site run by Scott Painter, said today that it has acquired Honk.com , an automotive social media website. Financial terms of the buy were not disclosed.
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 , the online new car pricing and buying site, jumped in its IPO Friday morning, trading up 16 percent in early trading this morning. per share, up around 16 percent over its pricing at $9.00 truecar southern california technology exit merger acquisition true' per share late last night.
Santa Monica-based TrueCar is the un-named firm which settled with Edmunds.com yesterday over a trademark lawsuit, according to court documents obtained by socalTECH.com. According to the documents, Edmunds.com had sued TrueCar on December 15, 2009, in the California Central District Court, alleging trademark infringement by TrueCar.
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 said Monday that it has named an automotive industry executive to its board. TrueCar operates an online site which allows users to get detailed quotes on new automobiles from dealers, and also provides information on automobiles and pricing details. The firm is headed by Scott Painter. READ MORE>>.
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 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. Tags: truecar automotive pricing shopping information price. READ MORE>>.
Santa Monica-based TrueCar , the provider of online car buying software and pricing information, said today that it is powering the online car buying programs for VroomGirls.com , a new, Los Angeles-based website targeting automotive information for women. Financial details of the deal were not announced.
Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars.
Santa Monica-based TrueCar , the online provider of new car pricing reports, announced today that it has added Mike Maroone, President and Chief Operating Officer of AutoNation , to the firm's board of directors. TrueCar said that AutoNation is the country's largest automotive retailer. READ MORE>>.
Santa Monica-based TrueCar said Friday that it has hired a new Vice President, Dealer Development, to bolster its efforts to retain and grow its network of dealer partners. TrueCar said Potter will also manage field sales and inside account management teams for the company.
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