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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

Santa Monica-based automotive technology platform TrueCar Inc.’s s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report.

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TrueCar Buys Stake In Accu-Trade

socalTECH

Santa Monica-based TrueCar announced late Thursday that it has acquired a 20 percent stake in Accu-Trade , a provider of vehicle apparisal technology. TrueCar said that it will use Accu-Trade to power its TrueCar Trade platform, which will offer up user-friendly, real-time valuations for consumers trading their cars into dealers.

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TrueCar Wins AARP

socalTECH

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 pricing price auto' Financial impact of the deal was not announced. READ MORE>>.

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TrueCar Files For IPO

socalTECH

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.

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TrueCar Scoops Up $30M From Vulcan Capital

socalTECH

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.

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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. TrueCar said that U.S. TrueCar''s ClearBook tool provides used car valuations, based on actual used car sales data. publishing usnews clearbook used pricing buying auto truecar'

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TrueCar Rolls Out TV Ad Campaign

socalTECH

Santa Monica-based car buying technology and marketplace operator TrueCar said this morning that it has rolled out two new, television ads featuring dogs in cars, and the voice of Wen Wilson. TrueCar said its first spot is called "True Love" , and focuses on the "love affair between dogs and cars". READ MORE>>.

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