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 ...
It’s a full-circle moment for TrueCar and Scott Painter. The company’s founder and former CEO is leading a group that plans to acquire the automotive digital marketplace. Upon close, Painter, who ...
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, ...
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 ...
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 ...
This article first appeared on GuruFocus. TrueCar (NASDAQ:TRUE) just made its biggest U-turn yet. The online car marketplace agreed to be taken private in an all-cash deal worth about $227 million by ...
TrueCar will eliminate more than 30 percent of its work force in a restructuring prompted by the coronavirus pandemic and the wind-down of a key partnership with USAA Federal Savings Bank later this ...
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 ...
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