TrueCar

Edmunds pushes dealers toward Price Promise

12:01 am U.S. ET | Sept. 15, 2014
Edmunds.com, a popular car-shopping site, intends to drop dealers unwilling to join a sales program that guarantees vehicle prices to consumers, President Seth Berkowitz said last week....
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LINDSAY CHAPPELL

Incentives prop up sedan-heavy strategies

12:01 am U.S. ET | Sept. 13, 2014
Take a look at who's been increasing incentives lately and you will see a larger trend in vehicle strategy for the United States....
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TrueCar growing at faster pace than strong U.S. vehicle market

5:41 pm U.S. ET | Aug. 12, 2014
TrueCar, the online car-shopping site that went public with its stock in May, is growing its sales and dealer network faster than overall U.S. vehicle sales and faster than analysts expected....
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Stocks stay on target -- with help

12:01 am U.S. ET | Aug. 11, 2014
With a little help from increased incentives, automakers kept U.S. inventories at near-ideal levels to start August....
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Strong retail demand to push U.S. sales higher in July, forecasts show

2:44 pm U.S. ET | July 25, 2014
The pace of auto sales has slowed slightly after hitting an eight-year high in June, but July's results are still shaping up to be at least 9 percent better than a year ago, according to four forecasts. The seasonally adjusted, annualized selling rate is expected to hit 16.6 million to 16.8 million, projections show....
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Shopping sites ratchet up battle against bots

12:01 am U.S. ET | July 13, 2014
Internet bots, nefarious software code masquerading as human Web users, are invading online car shopping sites and skewing traffic and other user data. Distorted data often confounds dealerships that are seeing heavy activity on third-party sites but not receiving a proportionate number of leads....
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Execs find big fish to fry in small pond

12:01 am U.S. ET | July 7, 2014
Executives moving out of top managerial posts at carmakers are finding a nice place to land these days in the industry's high-potential digital marketing world....
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Chrysler, TrueCar offer discounts after crashes

12:01 am U.S. ET | June 30, 2014
Chrysler Group has agreed with TrueCar Inc. to offer discounts to car shoppers whose vehicles are totaled in crashes. TrueCar's marketing program with Chrysler includes auto insurer Geico, said Larry Dominique, executive vice president of TrueCar....
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Musk's EV patent pitch piques Krafcik's curiosity

12:01 am U.S. ET | June 30, 2014
What did John Krafcik do when he heard about those electric-vehicle patents Tesla CEO Elon Musk made available to the public this month?...
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TrueCar to drop 75 franchisees in policy disputes

4:24 pm U.S. ET | June 26, 2014
TrueCar this month plans to drop up to 75 of its 8,000 participating franchisees for failing to honor price guarantees made to car buyers or for other violations of TrueCar policies, President John Krafcik said today. TrueCar also will launch a new app in the coming days that allows consumers to take photos of their trade-in vehicles and seek a price for the vehicles from competing dealers in the TrueCar network, Krafcik said....
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Software systems cut wait times -- if they talk

12:01 am U.S. ET | June 16, 2014
Software vendors are helping dealers in the quest for faster vehicle transactions when they are not tripping over each other....
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Newly public TrueCar tests trade-in program

12:01 am U.S. ET | May 19, 2014
With a strong balance sheet and $70 million raised in last week's initial public offering, TrueCar has cash to develop new products, including an online vehicle trade-in service being tested by USAA members....
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TrueCar shares rise 12% after IPO nets less than forecast

10:05 am U.S. ET | May 16, 2014
Shares of TrueCar climbed 12 percent in their market debut today, after the online car-shopping site raised less than expected in its initial public offering....
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TrueCar expects IPO price of $12-$14 per share

8:55 am U.S. ET | May 5, 2014
TrueCar may be valued at about $1 billion if its initial public offering is priced at the top end of the expected range....
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Krafcik driving TrueCar now

12:01 am U.S. ET | May 5, 2014
TrueCar, the online shopping site, last week hired former Hyundai boss John Krafcik to guide its growth as a public company....
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Former Hyundai chief Krafcik named president of TrueCar

3:00 pm U.S. ET | May 1, 2014
John Krafcik, the former CEO of Hyundai Motor America, has been named president of online shopping site TrueCar. Krafcik and TrueCar founder Scott Painter disclosed the hiring in an interview with Automotive News today....
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AutoNation stepping away from third-party leads

7:15 am U.S. ET | April 17, 2014
AutoNation, tired of paying high prices for online leads, plans to de-emphasize third-party lead providers such as TrueCar, AutoTrader.com and Cars.com, CEO Mike Jackson says. He says he will strengthen AutoNation's Web site and digital presence to build traffic and sales....
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JASON STEIN

Krafcik's back: Many projects, scads of ideas

12:01 am U.S. ET | April 14, 2014
Somewhere between a conversation on the future of retailing and the excitement over meeting a big investor for a lunch in Century City, John Krafcik has discovered something incongruous in the way the world works....
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TrueCar pairs Krafcik, dealers

12:01 am U.S. ET | April 7, 2014
Now that John Krafcik is on the TrueCar Inc. board of directors and the company has announced plans for an initial public offering of stock, the former CEO of Hyundai Motor America says he's eager to start talking with dealers....
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Krafcik at TrueCar: Hands-on, but not a full-time gig

5:39 pm U.S. ET | April 4, 2014
John Krafcik's role at TrueCar will be to help advise and consult the vehicle pricing and purchasing service, but it is not a full-time position....
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TrueCar files plans to go public with stock

5:37 am U.S. ET | April 4, 2014
Online auto-shopping service TrueCar said today it has filed a statement with the Securities and Exchange Commission to sell shares in an initial public offering. The company said it could raise as much as $125 million from the stock sale....
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Krafcik joins TrueCar board

4:17 pm U.S. ET | April 3, 2014
John Krafcik, former CEO of Hyundai Motor America, has joined the board of directors of TrueCar. Krafcik, 52, will be a director and a member of the board’s operating committee....
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Super Bowl XLVIII: The post-game stats

12:01 am U.S. ET | Feb. 10, 2014
Now that this year's Super Bowl commercial frenzy is over, what did automakers get for the $133,333 they plunked down for each second of airtime?...
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TrueCar to unveil Sales Analyzer at convention debut

6:10 pm U.S. ET | Jan. 24, 2014
Online car-shopping service TrueCar, continuing its effort to be dealer friendly, will have a booth on the convention floor for the first time....
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Sonic, miffed by lawsuit, jilts TrueCar

12:01 am U.S. ET | Jan. 20, 2014
Sonic Automotive Inc., the nation's third-largest dealership group, is ending its relationship with TrueCar at the end of this month, after the car shopping service sued Sonic in federal court for trademark infringement....
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Special Report
No. 1 store empowers, retains employees

No. 1 store empowers, retains employees

Texas dealer Greg May encourages his staffers to provide input and solve problems on their own. Mon., October 20
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