TrueCar Inc
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Communication Services : Interactive Media & Services | Small Cap Growth
Company profile

TrueCar, Inc. is an Internet-based information, technology, and communication services company. The Company has a data-driven online platform, which features market data and analytics. The Company-branded platform is available on its TrueCar Website and mobile applications. It customizes and operates its platform on a co-branded basis for its affinity group marketing partners, including financial institutions, membership-based organizations, and employee buying programs for a range of enterprises. The Company enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar Certified Dealers. Its network of over 13,000 TrueCar Certified Dealers consists primarily of new car franchises, as well as independent dealers selling used vehicles. Its subsidiary, ALG, Inc., provides forecasts and consulting services regarding determination of the residual value of an automobile at given future points in time.

Closing Price
$4.94
Day's Change
0.115 (2.39%)
Bid
--
Ask
--
B/A Size
--
Day's High
4.99
Day's Low
4.74
Volume
(Heavy Day)
Volume:
1,193,037

10-day average volume:
700,994
1,193,037

Display:

Providers:

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6 providers
September 16, 2020
TrueCar Fortifies Leadership Team with New Appointments

TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced that it has added three new positions to its executive leadership team as part of its strategic restructuring, as well as a new...(Globe Newswire)

September 10, 2020
TrueCar Partners with Military AutoSource to Power Car Buying Service Operations for Military Based in the U.S.

TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced a new affinity partnership with Military AutoSource, the only vehicle buying program exclusively for the U.S. military community...(Globe Newswire)

September 01, 2020
TrueCar Announces the Best Deals on Popular New and Used Vehicles and Trade-Ins for Labor Day Car Sales

TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best deals on new and used vehicle purchases and trade-in values going into Labor Day Weekend. (Globe Newswire)

August 25, 2020
TrueCar's ALG Forecasts New Vehicle Sales Continue to Bounce Back with Used Vehicle Sales Up Year-Over-Year for August 2020

ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects total new vehicle sales will reach 1,303,826 units in August 2020, down 15% from a year ago when adjusted for the...(Globe Newswire)

August 20, 2020
Military Marketing Experts Refuel Agency Partners With TrueCar To Deepen Commitment To Military Audience

TrueCar, Inc., the most efficient and transparent online destination to find a car, today announced its partnership with Refuel Agency, the largest provider of media and marketing services specializing in and reaching the military audience. The...(PR Newswire)

TrueCar Deepens Commitment to Military Audience Partners with Military Marketing Experts, Refuel Agency

TrueCar, Inc., the most efficient and transparent online destination to find a car, today announced its partnership with Refuel Agency, the largest provider of media and marketing services specializing in and reaching the military audience. The...(Globe Newswire)

August 06, 2020
TrueCar Reports Second Quarter 2020 Financial Results

TrueCar, Inc. (NASDAQ: TRUE) today announced its financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Financial Highlights -- Second quarter total revenue of $62.7 million, down (28.8)% from a year ago. (Globe Newswire)

TrueCar Agrees to Sell its ALG Subsidiary to J.D. Power for $135 Million

TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, announced today that it has entered into an agreement with J.D. Power to sell its ALG, Inc. subsidiary for $135 million. The total consideration...(Globe Newswire)

J.D. Power to Acquire ALG from TrueCar, Inc.

J.D. Power, a global leader in data analytics and consumer intelligence, today announced it has entered into an agreement to purchase ALG, Inc., from TrueCar, Inc., for $135 million. ALG is an industry authority on automotive residual value...(BusinessWire)

August 03, 2020
ALG Forecasts Average New Vehicle Transaction Price Up 3.3% for July 2020

ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects average transaction prices (ATP) to be up 3.3% or $1,172 from a year ago but down 0.6% or $229 from June 2020. (Globe Newswire)

July 27, 2020
TrueCar's ALG Forecasts Vehicle Sales Continue to Recover for July 2020 Despite Economic Re-Opening Rollbacks

ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects total new vehicle sales will reach 1,189,928 units in July 2020, down 18% from a year ago when adjusted for the same...(Globe Newswire)

July 24, 2020
TrueCar to Announce Second Quarter Financial Results on August 6

TrueCar, Inc. (NASDAQ:TRUE) will report its financial results for the second quarter ended June 30, 2020 on Thursday, August 6, 2020, following the close of market. Mike Darrow, President and Chief Executive Officer, and Noel Watson, Chief...(Globe Newswire)

July 01, 2020
ALG Forecasts Average New Vehicle Transaction Price Up 3.2% for June 2020

ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects average transaction prices (ATP) to be up 3.2% or $1,117 from a year ago but down 0.2% or $88 from May 2020. (Globe Newswire)

June 25, 2020
TrueCar's ALG Forecasts Vehicle Sales for June and Q2 2020

ALG, Inc., a subsidiary of TrueCar, Inc. and the industry benchmark for determining the future resale value of a vehicle, projects total new vehicle sales will reach 1,098,960 units in June 2020, down 24% from a year ago when adjusted for the same...(Globe Newswire)

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