STOCK TITAN

TrueCar, Inc. - TRUE STOCK NEWS

Welcome to our dedicated page for TrueCar news (Ticker: TRUE), a resource for investors and traders seeking the latest updates and insights on TrueCar stock.

TrueCar, Inc. (NASDAQ: TRUE) is a leading digital automotive marketplace dedicated to providing transparency in the car buying process. Leveraging proprietary data and analytics, TrueCar connects consumers with a network of over 14,000 certified dealers. This expansive network allows users to access market-based pricing data on new, used, and certified pre-owned vehicles, helping them identify fair prices. TrueCar powers auto-buying programs for more than 500 companies, including USAA, AARP, and American Express, enhancing consumer confidence in the purchasing process.

TrueCar’s platform is designed to facilitate a seamless car shopping experience. Consumers visiting the marketplace can utilize various vehicle discovery tools, price ratings, and comprehensive market context. Once ready, they can connect with TrueCar Certified Dealers who share the company's commitment to transparency and fairness.

In recent developments, TrueCar has formed a significant partnership with Car and Driver, the largest automotive media brand globally. This collaboration aims to enhance the car shopping experience for millions of users, integrating TrueCar’s transparent pricing data with Car and Driver’s comprehensive vehicle reviews and testing insights.

Financially, TrueCar continues to report steady growth. For example, TrueCar announced its third-quarter financial results on November 6, 2023, revealing positive developments in its business operations. Additionally, the company is set to report its fourth-quarter results on February 20, 2024, and first-quarter results on April 29, 2024. These financial disclosures reflect TrueCar’s ongoing commitment to transparency and shareholder engagement.

TrueCar’s mission remains steadfast: to build the most personalized and efficient auto shopping experience by continually expanding its digital footprint and enhancing its service offerings. This commitment is evident in its extensive partnership network, which includes major financial institutions, membership-based organizations, and employee buying programs for large enterprises.

Rhea-AI Summary

TrueCar announced its financial results for the third quarter ended September 30, 2024, through a stockholder letter available on their Investor Relations website. The company will host a conference call to discuss Q3 results on November 7, 2024, at 9:00 a.m. ET. The live webcast and call will be accessible via dial-in numbers (1-833-816-1391 domestic, 1-412-317-0484 international) and through their website. TrueCar plans to continue using its Investor Relations website, LinkedIn, Facebook, and X for disclosing material non-public information.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.8%
Tags
-
Rhea-AI Summary

TrueCar (NASDAQ: TRUE) announced a partnership with INEOS Automotive offering military members and their families exclusive $3,000 savings on the INEOS Grenadier 4x4 through TrueCar Military, PenFed Credit Union, and Navy Federal Credit Union car buying platforms. The offer can be combined with other manufacturer incentives and dealer pricing. TrueCar's car buying sites serve over 16 million military members and families, with more than 800,000 users visiting TrueCar Military in the past year. The Grenadier is designed as a rugged, purpose-built 4x4 combining off-road capability with modern driving refinement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.64%
Tags
partnership
-
Rhea-AI Summary

TrueCar (NASDAQ:TRUE) has announced it will release its third quarter 2024 financial results on Wednesday, November 6, 2024, after market close. The results will be published in a stockholder letter available on the company's Investor Relations website. President and CEO Jantoon Reigersman and CFO Oliver Foley will host a conference call and webcast to discuss the results on Thursday, November 7, 2024, at 9:00 a.m. ET. Investors can access the live webcast through TrueCar's Investor Relations website, with dial-in options available for both domestic and international participants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.65%
Tags
Rhea-AI Summary

TrueCar, Inc. (NASDAQ:TRUE) has appointed Jill Angel as Chief Operating Officer, effective immediately. Ms. Angel, previously Chief People Officer & Operations, will continue to report to CEO Jantoon Reigersman. In her new role, she will oversee sales operations, dealer services, and the people function, focusing on expanding the TrueCar+ pilot for online car purchases and activating new dealers while reducing churn.

Ms. Angel joined TrueCar in April 2022 and has extensive experience in human resources, operations, and e-commerce from previous roles at Leaf Group, Saatchi Art, and other companies. This appointment comes at a critical time for TrueCar as it aims to meet its long-term operational goals and enhance its online car buying and selling platform.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

TrueCar, Inc. (NASDAQ: TRUE) has announced its financial results for the second quarter ended June 30, 2024. The company has released a stockholder letter detailing the results, which is available on the TrueCar Investor Relations website. TrueCar will host a live call and webcast to discuss the Q2 results on Tuesday, August 6 at 9:00 a.m. ET/6:00 a.m. PT.

Investors and analysts can access the live webcast through TrueCar's Investor Relations website or dial in using the provided numbers. An archived version of the call will be available on the company's website after the event. TrueCar also noted that it uses its Investor Relations website, LinkedIn, Facebook, and X for disclosing material non-public information and complying with Regulation FD disclosure obligations.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.65%
Tags
-
Rhea-AI Summary

TrueCar, Inc. (NASDAQ:TRUE) has announced that it will release its second quarter 2024 financial results on Monday, August 5, 2024, after market close. The results will be presented in a stockholder letter accessible from the company's Investor Relations website. Following the release, TrueCar will host a live call and webcast on Tuesday, August 6, at 9:00 a.m. ET (6:00 a.m. PT) to discuss the results.

President and CEO Jantoon Reigersman and CFO Oliver Foley will lead the call. Investors can access the webcast through a provided link or dial in using the numbers 1-833-816-1391 (domestic) or 1-412-317-0484 (international). An archived version of the call will be available on TrueCar's Investor Relations website after the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.85%
Tags
Rhea-AI Summary

TrueCar (NASDAQ: TRUE) has launched the next evolution of TrueCar+, a digital platform that allows consumers to purchase new, used, and certified pre-owned vehicles entirely online. The platform offers over 3,200 vehicles from eleven different brands, combining TrueCar's comprehensive vehicle data and pricing information with a full end-to-end purchasing process. Key features include:

- Transparent pricing with firm upfront offers
- Online financing options
- Guaranteed instant trade-in values
- Home delivery service (used vehicles available nationwide, new vehicles initially in San Francisco Bay Area)
- Online selection of accessories and additional services

TrueCar+ aims to simplify the car buying process, offering a more informed and straightforward journey for consumers while providing dealers with an expanded market reach.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
-
Rhea-AI Summary

TrueCar, Inc. released its financial results for the first quarter of 2024, with a live call and webcast scheduled for April 30 at 9:00 a.m. ET. The company will discuss the results and provide further details during the call.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
Tags
-
Rhea-AI Summary
TrueCar, Inc. (NASDAQ: TRUE) will release its first-quarter 2024 financial results on April 29, 2024, followed by a live call and webcast on April 30, 2024, hosted by the President and CEO, Jantoon Reigersman, and CFO, Oliver Foley.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
Rhea-AI Summary
TrueCar, Inc. nominates Diego Rodriguez to its Board of Directors, filling the vacancy left by Erin Lantz. Rodriguez's extensive experience in business, design, and technology makes him a valuable addition to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management

FAQ

What is the current stock price of TrueCar (TRUE)?

The current stock price of TrueCar (TRUE) is $3.82 as of December 20, 2024.

What is the market cap of TrueCar (TRUE)?

The market cap of TrueCar (TRUE) is approximately 331.7M.

What is TrueCar, Inc.?

TrueCar, Inc. (NASDAQ: TRUE) is a digital automotive marketplace that offers transparent car buying experiences by providing market-based pricing data and connecting users with certified dealers.

How does TrueCar ensure pricing transparency?

TrueCar shows consumers what others paid for the car they want, providing upfront pricing information from a network of over 14,000 certified dealers.

Who are some of TrueCar’s major partners?

TrueCar powers auto-buying programs for companies such as USAA, AARP, American Express, PenFed, and large enterprises like IBM and Walmart.

What recent partnerships has TrueCar formed?

Recently, TrueCar partnered with Car and Driver to enhance the car shopping experience for CarandDriver.com's 15 million users.

What are TrueCar Certified Dealers?

TrueCar Certified Dealers are part of TrueCar’s network that offers transparent pricing and ensures a fair car buying experience for consumers.

How does TrueCar support car buyers?

TrueCar provides a suite of vehicle discovery tools, price ratings, and market context to help car buyers make informed decisions.

Where can I find TrueCar’s financial reports?

TrueCar’s financial reports can be accessed on the Investor Relations section of their website at ir.truecar.com.

When will TrueCar report its next financial results?

TrueCar is scheduled to report its fourth-quarter results on February 20, 2024, and first-quarter results on April 29, 2024.

How can I contact TrueCar for investor relations?

For investor relations, you can contact TrueCar at investors@truecar.com.

What is TrueCar’s mission?

TrueCar aims to provide the most personalized and efficient auto shopping experience by ensuring transparency and fairness in the car buying process.

TrueCar, Inc.

Nasdaq:TRUE

TRUE Rankings

TRUE Stock Data

331.75M
76.42M
10.2%
81.33%
1.12%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SANTA MONICA