TrueCar CEO Scott Painter returns, announces 30% workforce reduction, and outlines strategy for profitability and growth.
The newly private TrueCar Inc. laid off 30% of its employees, effective immediately upon an announcement released last ...
TrueCar, one of the most recognized and trusted automotive brands, today announced an organizational realignment as part of a comprehensive effort to refocus the company around profitability and its ...
Serial entrepreneur Scott Painter, founder of TrueCar.com, has spent much of his career trying to tell auto dealers how to run their business. Over the past two decades, he has founded 37 companies, ...
A derivative lawsuit filed in Delaware federal court Monday accused TrueCar Inc. of failing to warn investors about changes to its co-branded car-selling website with USAA, which allegedly caused the ...
When it was time for Abbi Vakil, a Mountain View hardware engineer, to replace his car, he turned to a company he saw as a tech disrupter, TrueCar. From its ads, he expected the service to help him ...
TrueCar will cut 30% of its workforce in an attempt to restore profitability, just weeks after its founder Scott Painter completed a deal to take the company private. In January, Painter completed a ...
Now more than ever, car buyers are craving that "no hassle" experience. They no longer want to deal with the "let me talk to my manager" back and forth in order to get a good price. Enter TrueCar, the ...
Editor's note: A previous version of this story contained an incorrect outlook figure for 2020 from an earlier forecast. The figure was from a 2019 forecast. TrueCar Inc., in a move it described as ...
TrueCar hopes to turn over a new Leaf…and Model 3…and Odyssey…and Camry. And it is hoping consumers will respond to its latest effort to make a radical change to its method of operation. Today the ...
TrueCar shares shot up after the company reported a smaller-than-expected quarterly loss. Shares were up over 14 percent in premarket trading on Friday. They later ended the session about 8.5 percent ...