socalTECH

DECEMBER 2, 2011

Santa Monica-based TrueCar , which provides automotive pricing information and powers automotive buying programs with its software and systems, said Friday that it is in an extensive, multi-year commitment to support female race car drivers.

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socalTECH

SEPTEMBER 7, 2011

Santa Monica-based TrueCar , the automotive pricing website headed by Scott Painter, said this morning that it has raised $200M in new debt and equity financing, plus acquired a company. TrueCar said the financng round included USAA, Capricorn Investment Group and GRP Partners, all existing investors in the firm.

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Truecar GRP Partners Santa Monica Pricing 190

socalTECH

JANUARY 25, 2010

Santa Monica-based TrueCar , the new car pricing data startup headed by Scott Painter, said Monday that it has inked a deal with automotive publisher High Gear Media , where High Gear will include TrueCar's data on its network of web sites. Tags: truecar publishing auto automotive pricing. READ MORE>>.

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socalTECH

DECEMBER 13, 2010

Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. READ MORE>>.

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Truecar Zag Santa Monica Pricing 174

socalTECH

FEBRUARY 26, 2013

In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar's data from those purchasing programs fuel the data it uses on its consumer facing website.

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Truecar Sales Software Review Pricing 174

socalTECH

DECEMBER 12, 2013

Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new funds will go towards market expansion, product development, and to build its brand. READ MORE>>.

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socalTECH

DECEMBER 5, 2011

Santa Monica-based TrueCar , the car pricing and information site, said Monday that it has updated its ClearBook used car valuation site. TrueCar said the updated, ClearBook 2.0 TrueCar said the updated, ClearBook 2.0 TrueCar is headed by Scott Painter. ClearBook was originally launched in February. READ MORE>>.

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Truecar Sites Santa Monica Pricing 171

socalTECH

APRIL 4, 2014

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners.

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socalTECH

DECEMBER 7, 2012

TrueCar , the online auto pricing and operator of auto buying programs said Thursday that AAA Carolinas has partnered with the company, and will use TrueCar to power its online auto buying program. TrueCar said AAA Carolinas is the 18th AAA organization which is powering their auto buying program with TrueCar.

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socalTECH

SEPTEMBER 16, 2011

Santa Monica-based TrueCar , the publisher of real-time automotive pricing information headed by Scott Painter, said yesterday afternoon that it has appointed Todd Daum as Chief Marketing Officer. Daum joins TrueCar from Automoti.com, where he was Chief Operating Officer. Automoti.com was sold to Hertz in 2009. READ MORE>>.

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Truecar Santa Monica Yahoo Pricing 154

socalTECH

JANUARY 15, 2010

Santa Monica-based TrueCar , the auto pricing data firm headed by Scott Painter, announced Friday that it is looking to measure the ratings of the "hottest" vehicles from its data, with a new web service called TrueBuzz. Tags: truecar vehicle pricing data prediction software automobile. READ MORE>>.

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socalTECH

OCTOBER 10, 2011

Santa Monica-based TrueCar announced Monday that it has added two more, AAA clubs to its list of customers using its services. TrueCar said that it will power the online car buying programs for AAA Oklahoma/South Dakota and AAA Hoosier, the 21st and 22nd AAA organizations using TrueCar's services.

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Truecar Santa Monica Pricing Organization 169

socalTECH

FEBRUARY 17, 2010

Los Angeles-based TrueCar , the online car pricing site run by Scott Painter, said today that it has launched a mobile version of its site. TrueCar said the site is accessible either by going to its main url, or to its mobile site at mobile.truecar.com. TrueCar is a spinout of Zag Automotive, which is also run by Painter.

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Truecar Sites Mobile Zag 154

socalTECH

NOVEMBER 19, 2013

Santa Monica-based TrueCar , the auto pricing and sales company headed by Scott Painter, said late yesterday that it has sold its one millionth vehicle through its service, and that $31 billion in sales have gone through its network to date. TrueCar said that it saw around 400,000 sales alone in 2013. READ MORE>>.

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Truecar Sales Pricing Santa Monica 176

socalTECH

MARCH 26, 2012

Santa Monica-based TrueCar , the online automotive purchasing program and technology developer, has just topped 500,000 cars sold on its platform, the firm reported this morning. The numbers reflect some momentum to the firm's services, which took five years to sell the first 100,000 vehicles.

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Truecar Santa Monica Pricing Sales 169

socalTECH

APRIL 21, 2010

Santa Monica-based TrueCar , which provides real-life pricing data on new cars, based on actual dealer sales, said Tuesday that the firm has begun showing guaranteed upfront pricing from local dealers. The partnership brings TrueCar--which is a spinout of Zag and also run by Zag CEO Scott Paitner--full circle.

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Truecar Zag Santa Monica Pricing 145

socalTECH

SEPTEMBER 17, 2009

Santa Monica-based TrueCar , the automotive pricing startup headed by Scott Painter, said yesterday that it has rolled out a new, monthly consumer price report. TrueCar is a spinout of Zag Automotive, and gathers its data from actual sales information from local dealerships. READ MORE>>.

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socalTECH

APRIL 27, 2011

Santa Monica-based TrueCar , the automotive software and purchasing service headed by Scott Painter, claims this morning that it has saved more than $1 billion for car consumers. TrueCar's platform is used by automotive discount and purchasing programs from credit unions and others, as well as by dealers with upfront pricing programs.

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socalTECH

MAY 14, 2013

TrueCar , the auto pricing and automotive buying technology provider based in Santa Monica, said today that it has been selected by the U.S. News & World Report to provide used car pricing and valuation to the publisher. TrueCar said that U.S. publishing usnews clearbook used pricing buying auto truecar'

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socalTECH

OCTOBER 9, 2012

TrueCar , the Santa Monica-based provider of auto buying and pricing software, is powering another online vehicle purchase service with a deal with Regions Bank , the company said today. Financial impact of the deal was not disclosed.

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Truecar Software Review Santa Monica Pricing 150

socalTECH

APRIL 2, 2012

Santa Monica-based TrueCar , the online car purchasing firm headed by Scott Painter, is further ramping up its outreach to dealers, saying this morning that it has formed a new "National Dealer Council" which will work with experienced dealers to recommend and improve collaboration between the company and auto dealers. READ MORE>>.

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socalTECH

MARCH 19, 2012

Santa Monica-based TrueCar reported today that it has named Pat Watson as its new Vice President, Industry Relations. TrueCar said the move will go towards strengthening its relationships with the industry. Watson had been at the association for 39 years. READ MORE>>.

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socalTECH

JANUARY 16, 2012

Santa Monica-based TrueCar , the online auto buying site led by Scott Painter, said Monday that it is addressing compliance issues and concerns with its service with a change to its billing model. TrueCar said Virginia has been okay with flat fee billing since January of 2001.

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socalTECH

JANUARY 14, 2010

Santa Monica-based TrueCar , the spinout of Zag Automotive which provides data on new car pricing, said today that it has partnered with automotive online marketing firm HomeNet Automotive. According to TrueCar, it will delier new car pricing data and information to HomeNet's Inventory Online Internet Marketing Suite.

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Truecar Zag Santa Monica Pricing 140

socalTECH

MAY 3, 2011

Santa Monica-based TrueCar , the automotive pricing site run by Scott Painter, said today that it has acquired Honk.com , an automotive social media website. Financial terms of the buy were not disclosed.

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Truecar Santa Monica News Social Media 140

socalTECH

AUGUST 23, 2011

Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.

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socalTECH

MAY 16, 2014

Santa Monica-based TrueCar , the online new car pricing and buying site, jumped in its IPO Friday morning, trading up 16 percent in early trading this morning. per share, up around 16 percent over its pricing at $9.00 truecar southern california technology exit merger acquisition true' per share late last night.

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socalTECH

APRIL 30, 2010

Santa Monica-based TrueCar is the un-named firm which settled with Edmunds.com yesterday over a trademark lawsuit, according to court documents obtained by socalTECH.com. According to the documents, Edmunds.com had sued TrueCar on December 15, 2009, in the California Central District Court, alleging trademark infringement by TrueCar.

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Truecar Edmunds Zag Santa Monica 150

Both Sides of the Table

APRIL 1, 2014

TrueCar is the first ever Internet service that tells you exactly how much other people in your area paid for the car you want to buy. You enter your make, model, trim & year and out pops a price curve of purchases in your area and in most states you will then be offered a fixed price to purchase that car.

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Truecar Startup Hulu Pricing 338

socalTECH

JUNE 25, 2012

Santa Monica-based TrueCar said Monday that it has named an automotive industry executive to its board. TrueCar operates an online site which allows users to get detailed quotes on new automobiles from dealers, and also provides information on automobiles and pricing details. The firm is headed by Scott Painter. READ MORE>>.

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Truecar Santa Monica Pricing Sites 154

socalTECH

OCTOBER 20, 2014

Santa Monica-based TrueCar , which provides a service to let users get upfront pricing on automobiles from dealers, said today that it has just surpassed 1 million downloads of its smartphone app. truecar download automobile mobile dealer vehicle auto' READ MORE>>.

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Truecar Mobile Santa Monica Pricing 149

socalTECH

OCTOBER 13, 2009

Santa Monica-based TrueCar , the online automobile pricing firm headed by Scott Painter, has rolled out a new tool that the firm says gives the actual dealer cost structure for new automobiles. TrueCar explained that by giving the true cost of cars to dealers, consumers "will likely pay more for the same vehicle." READ MORE>>.

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Truecar Tool Santa Monica Pricing 140

socalTECH

APRIL 27, 2009

Santa Monica-based TrueCar has officially launched its new car pricing site today, saying that it is now providing consumers with details on the prices paid for people on cars in their area. Tags: truecar automotive pricing shopping information price. READ MORE>>.

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Truecar Pricing Zag Sites 100

socalTECH

OCTOBER 20, 2011

Santa Monica-based TrueCar , the provider of online car buying software and pricing information, said today that it is powering the online car buying programs for VroomGirls.com , a new, Los Angeles-based website targeting automotive information for women. Financial details of the deal were not announced.

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Truecar Software Review Santa Monica Tips 133

socalTECH

SEPTEMBER 10, 2008

Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars.

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socalTECH

AUGUST 3, 2011

Santa Monica-based TrueCar , the online provider of new car pricing reports, announced today that it has added Mike Maroone, President and Chief Operating Officer of AutoNation , to the firm's board of directors. TrueCar said that AutoNation is the country's largest automotive retailer. READ MORE>>.

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Truecar Santa Monica Pricing Report 133

socalTECH

MARCH 30, 2012

Santa Monica-based TrueCar said Friday that it has hired a new Vice President, Dealer Development, to bolster its efforts to retain and grow its network of dealer partners. TrueCar said Potter will also manage field sales and inside account management teams for the company.

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