TrueCar Awards Vehicle To Marine Veteran

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Santa Monica-based online car marketplace TrueCar said it has awarded a new, retrofitted vehicle to a Marine Corps Vietnam veteran, as part of its DrivenToDrive initiative. According to TrueCar, the brand new, retrofitted Chevy Traverse was awarded to Marine Corps Vietnam veteran Leonard "Len" Johnson of Philadelphia. truecar vehicle veteran driventodrive disabled charity

TrueCar Launches Auto Accessories Marketplace

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Santa Monica-based TrueCar has launched a new, auto accessories marketplace, which it says allows its buyers to choose from more than 12,000 hardware parts, customized to the online vehicle a buyer is purchasing. According to the company, the new service, TrueCar+, uses VIN-specific fit information to match accessories with any of its vehicles in inventory, and can add those accessories into lease and financing of its new and used vehicles.

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TrueCar Pilots Online Financing Apps

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Santa Monica-based online new and used vehicle marketplace operator TrueCar is piloting the ability for customers to apply for financing online, for its customers in Southern California. According to TrueCar, it has launched an online credit application, which will allow those customers to apply for a VIN-specific lease, finance or cash payments online and instantly request credit approval. truecar financing auto automotive marketplace

TrueCar Expands Vehicle Delivery Nationwide

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Santa Monica-based online car selling marketplace TrueCar said today that it has expanded its home delivery program for used vehicles. TrueCar explained the ability to deliver vehicles gives its dealers the opportunity to reach more TrueCar shoppers, who would not have previously searched outside their region. truecar vehicle delivery auto automotive market marketplace dealer

TrueCar Names COO

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Santa Monica-based online vehicle marketplace TrueCar said today that it has named Jantoon Reigersman, its Chief Financial Officer, to the additional role of Chief Operating Officer. Reigersman has been at TrueCar ince January of 2021, and previously had been CFO of Leaf Group, a media and e-commerce company. truecar executive jantoon reigersman marketplace vehicle sales

TrueCar Sets Product Head

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Santa Monica-based TrueCar, which operates an online marketplace for autos, said that it has named Rich DiStefano to Senior Vice President of Product. marketplace automotive distefano rich heat product truecarDiStefano previously has served at such companies as Walmart, Hilton, Ticketmaster, Live Nation, and Match.com. The company said that DiStefano will report to President and CEO Mike Darrow.

TrueCar Names Chief People Officer

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Santa Monica-based online new and used vehicle marketplace TrueCar says it has named a new Chief People Officer. truecar chief people officer used vehicle marketplace executiveAccording to the company, it has appointed Jill Angel as its new Chief People Officer, reporting to Mike Darrow, the President and CEO of the company.

TrueCar Names Darrow President, CEO

L.A. Business Journal

TrueCar Inc. He will also assume a seat on TrueCar’s board has named Mike Darrow president and chief executive.

TrueCar Expands Management Team

L.A. Business Journal

TrueCar Inc., the Santa Monica-based online car-buying marketplace, has named three executives to its expanded management team and has added a member to the company’s board

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

TrueCar Powers New HyreCar Auto Buying Program

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Santa Monica-based auto buying program operator TrueCar announced this morning that it has inked a partnership with Los Angeles-based HyreCar, to power an online auto marketplace for HyreCar. According to TrueCar, it is launching the HyreCar Auto Buying Program powered by TrueCar, which will both help HyreCar's customers find vehicles, as well as give TrueCar's dealer network the opportunity to offer new or used vehicles to HyreCar's customers.

TrueCar: Fuel Prices Spurring Unprecedented Interest In Electric Vehicles

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Santa Monica-based online car selling marketplace TrueCar said today that it has run a study of 1,000 U.S. TrueCar also said that it found in its survey that, among those planning to make a purchase in the next six months, two-thirds say they are now more likely to consider an EV. truecar fuel prices electric vehicle automotive automobile

TrueCar Selling ALG Unit for $135 Million

L.A. Business Journal

TrueCar Inc. has entered into an agreement with J.D. Power to sell its ALG Inc. subsidiary for $135 million

TrueCar Buys DealerScience

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Santa Monica-based TrueCar announced on Friday that it acquired DealerScience , a developer of digital retailing software for the automotive industry. According to TrueCar, DealerScience will become a subsidiary of the company, and will focus on product development, sales and customer training. As part of the deal, the founder of Dealerscience, Andrew Gordon, becomes VP of Digital Retailing at TrueCar.

TrueCar Revenues Hit By Vehicle Inventory, Semiconductor Shortage

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Los Angeles-based automotive marketplace operator TrueCar released a highlight of its results last night, saying that the firm's revenues were down 28.8% TrueCar said it had a net loss of $6.8 truecar semiconductor automotive automobile marketplace market autoyear-over-year, and 16.4% sequentially, due to what the company said was limited new vehicle inventory from the ongoing automobile semiconductor shortage. million compared to net income of $11.6M

TrueCar Links With Capital One On Loan Pre-Qualification

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Santa Monica-based TrueCar, which operates a digital marketplace for automobiles, says it has linked with Capital One to offer up pre-qualification for its buyers. According to TrueCar, the new link with Capital One allows eligible shoppers to pre-qualify for auto financing through participating lenders Capital One and Westlake Financial. truecar capital prequalification auto automobile market marketplace

TrueCar Makes Donation To Disabled Veteran Group

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Santa Monica-based TrueCar says it has donated $11,000 to Disabled American Veterans, and will provide $2,500 each to four winning dealerships for donation to the nonprofit of their choice. truecar disabled veteran group vehicle auto automobile dealership

TrueCar Gains on Earnings, ALG Sale

L.A. Business Journal

TrueCar Inc., the Santa Monica-based online car-buying marketplace, has managed to gain investors’ trust even as it adjusts to the market under Covid-19

TrueCar Settles Trademark Dispute

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Santa Monica-based TrueCar said Wednesday that it has settled a trademark lawsuit that it had filed against Charlotte, North Carolina-based Sonic Automotive. TrueCar had sued Sonic over the use of the the term "True Price" in its advertising. TrueCar said that it had established its sole and exclusive rights to TRUECAR trademark and TRUE family of trademarks. truecar trademark settlement legal sonic dealership auto automobile buying

TrueCar Wins AARP

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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. According to TrueCar, it is powering the new AARP Auto Buying Program, which will provide upfront pricing information, special incentives, and other related services to AARP''s members. truecar aarp automobile buying program pricing price auto

TrueCar Retreats From NRA Affiliation

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Santa Monica-based TrueCar has withdrawn its affiliation with the National Rifle Association (NRA), one of a number of brands which have stepped away from their commercial affiliations with the group in the wake of the slaying of 17 students in Parkland, Florida. TrueCar joins a long list of companies which have cut off ties with the gun advocacy group, including Delta Air Lines, United Airlines, Enterprise, Hertz, Alamo, MetLife, First National Bank of Omaha.

TrueCar Buys Stake In Accu-Trade

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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. truecar accutrade tradein automotive auto mobile vehicle appraisal merger acquisition

TrueCar Names New Sales VP

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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. TrueCar said Green will oversee the company's dealer-client portfolio and also work with non-traditional enterprise clients. sales dealership buying executive truecar

TrueCar Names New CEO

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Santa Monica-based online car buying startup TrueCar announced today that it has named Chip Perry, the former CEO of AutoTrader.com, as its new President and CEO. According to TrueCar, Peery will take the reigns at the company effective December 15th, taking over from TrueCar founder Scott Painter, who is stepping down from the company. truecar executive chairman scott painter autotrader chip perry

TrueCar Files For IPO

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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 reported a loss of $22.6M truecar merger acquisition exit nasdaq true automobile buying pricing

TrueCar Cuts Ties With AutoNation

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Santa Monica-based TrueCar , the provider of negotiation-free, car buying services which is led by Scott Painter, said late Thursday evening that it has ended a partnship it has with AutoNation. TrueCar said that AutoNation had represented 3.1 TrueCar said it "could not make an exception" to its requirements to provide customer data for AutoNation. TrueCar and AutoNation had been working together since 2006.

TrueCar Powers AAA Carolinas

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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. TrueCar is based in Santa Monica. truecar auto buying program automobile pricing

Spireon Names TrueCar Vet As Automotive VP

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Skutta previously was Executive Vice President of Dealer Sales and Service at TrueCar, and also has served at AutoAlert, VinSolutions and AutoTrader.com. spireon truecar executive telematics brian skutta auto automotive fleet tracking hardwareIrvine-based Spireon , which develops vehicle telematics hardware and products, announced this morning that it has named Brian Skutta as President of Automotive.

TrueCar Updates Dealer Outreach Initiative

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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. TrueCar--while still showing pricing and information--is now making its approach more dealer friendly. truecar dealer auto automobile pricing market marketplace vehicle purchase buying

TrueCar Prices IPO

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Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 TrueCar is trading on the NASDAQ Global Select Market as TRUE. TrueCar is venture backed by backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, Peppy Capital Partners, Arcturus Venture Capital, along with others. truecar true buying service scott painter

TrueCar Buys True.com

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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 offers up a combined service which both provides end consumers with actual pricing data on automobiles, but also helps to connect those consumers with car dealers.

TrueCar Settles Lawsuit with Car Dealer Association

L.A. Business Journal

California New Car Dealers Association announced on Thursday that it settled its lawsuit against TrueCar Inc

TrueCar Names Dealer Marketing Head

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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. TrueCar said that Edmonds will help dealers across its network gain maximum value from the service. truecar executive auto dealership marketing sales buying automotive

TrueCar Links With Disabled Veterans Charity

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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. TrueCar operates an online service which lets people get pricing on both new and used vehicles, and compare that to comparable sales in their market.

TrueCar Taps Owen Wilson As Voice of TrueCar

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Santa Monica-based online car buying service TrueCar said this morning that it has inked a deal with actor, producer and writer Owen Wilson to serve as the "voice of TrueCar" in a set of TV, radio, and Internet ads. TrueCar said Wilson is featured in a series of spots set to roll out in the middle of the month. TrueCar said its new series of ads was created by creative agency Tiny Rebellion, and will show that "the future of buying a car can be as joyful as driving one."

Watson Joins TrueCar as Chief Financial Officer

L.A. Business Journal

Watson will join Santa Monica-based digital auto marketplace TrueCar Inc. Noel B. as its new chief financial officer

TrueCar Rolls Out TV Ad Campaign

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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". TrueCar said it is using the new television ads to position TrueCar as the "new way for modern consumers"--especially millenials--to buy a car.

TrueCar Launches Further Outreach To Auto Dealers

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Santa Monica-based TrueCar is continuing its outreach to car dealers--looking to patch up what had been a fairly contentious relationship with both dealers who list and do not list automobiles on its site--saying it is releasing an updated "Dealer Pledge". TrueCar said it will be showing off the pledge at the upcoming 2017 NADA automobile convention, saying the effort reflects a "commitment to operate a transparent, balanced marketplace that benefits both consumers and dealers."

TrueCar Scoops Up $30M From Vulcan Capital

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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. As part of the funding, Abhishek Agrawal has joined TrueCar''s board of directors. truecar venture capital vulcan auto buying executive

TrueCar Names SVP Dealer Sales

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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. truecar executive dealer dealership sales menard

TrueCar Wins Regions Bank

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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. TrueCar said it is providing the online vehicle information service for Regions Bank, which allows customers of that bank to research, shop for, finance, and insure a new or used vehicle. truecar auto automobile purchase upfront pricing bank

TrueCar Backs Women Auto Racers

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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. TrueCar did not say how much the sponsorships are worth, but did say it is part of its outreach to women, an "impactful" audience on the automotive retail landscape. truecar women auto racers automotive pricing series

TrueCar Names HR Chief, Plans Recruiting Boost

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Santa Monica-based TrueCar has named a new Chief Human Resources Officer, in an effort to bolster recruiting at the firm. TrueCar said it has named Don Robertson as Executive Vice President, People and Chief Human Resource Officer, as part of a stepped up talent search for the company. TrueCar did not say how many people it is looking to hire, but it says it now has 500 employees across the US. truecar executive human resource recruiting people jobs expansion robertson