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 ...
TrueCar CEO Scott Painter returns, announces 30% workforce reduction, and outlines strategy for profitability and growth.
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.
Acknowledging, “this is the hardest part of being a leader,” TrueCar founder and CEO Scott Painter announced through a news release that the company is redu ...
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 ...
With Scott Painter back leading the company, TrueCar might be liquidating assets, among other strategy moves highlighted in a news release distributed on Monday. Effective immediately, TrueCar said it ...
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 ...
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, ...
In the first and second quarters of 2017, TrueCar had a good story to tell: Nearly all of its business metrics improved year-over-year each time. But the story in the third quarter was a little ...