Scott Painter

TrueCar to stress mobile shopping as revenue surges

7:51 pm U.S. ET | Feb. 19, 2015

TrueCar is rebuilding its computer interface around mobile car-shopping to seize on a pronounced trend in its traffic volume, CEO Scott Painter said. In January for the first time, 50 percent of shoppers on TrueCar’s website got there via a mobile device, Painter said; that figure is expected to grow to 90 percent in 18 months....
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TrueCar: App can 'hypertarget' consumers

12:01 am U.S. ET | Jan. 26, 2015

Online car-buying service TrueCar said the mobile app it will release this year will enable dealers and automakers to collect an unprecedented amount of information on customers....
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TrueCar says more than half of its web traffic now is mobile

8:13 pm U.S. ET | Jan. 21, 2015

As technology plays a more pivotal role in the vehicle-shopping process, mobile shoppers, for the first time, have begun to make up the majority of TrueCar's web traffic....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

TrueCar says app will help automakers know, target customers

5:43 pm U.S. ET | Jan. 13, 2015

Vowing to build a better relationship with car dealers, TrueCar CEO Scott Painter showed an early version of a new mobile app at the Automotive News World Congress in Detroit that he said will help automakers target customers more efficiently....
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LETTER TO THE EDITOR

Why I won't be at the conference

12:01 am U.S. ET | Dec. 8, 2014

A full-page ad on Page 60 of the Nov. 10 issue requests our attendance at the Automotive News World Congress. Among the featured speakers, though, are two whose business models undermine the highly successful and competitive franchise system....
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TrueCar boosts outlook as Q3 revenue jumps 51%

6:48 pm U.S. ET | Nov. 5, 2014

TrueCar, the online car-shopping platform, raised its outlook for the fourth quarter and full year as it continues to add dealers and draw more customers to its network....
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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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