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 ...
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 ...
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 ...
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, ...
Don’t call TrueCar (TRUE) the next Carvana (CVNA), or Vroom (VRM). The car-buying service is an online platform linking car buyers to dealers, using its database of pricing information to give both ...
TrueCar, one of the most recognized and trusted automotive brands, today announced a series of product and policy updates designed to meet and exceed the Federal Trade Commission's (FTC) new Truth in ...
The Federal Trade Commission’s recent warnings to dealers about how they advertise price have caught the attention of at ...
CEO Jantoon Reigersman reported total revenue of $44.8 million for Q1 2025, marking a 9.2% year-over-year increase. Adjusted EBITDA stood at (-$3.8 million). New unit sales volumes grew significantly ...
Vehicle listings company TrueCar is gelling nicely as a smaller entity in the wake of a 24 percent work force reduction and restructuring announced in June, new CEO Jantoon Reigersman said during the ...
TrueCar Inc. is laying off nearly a quarter of its work force and appointed COO Jantoon Reigersman as its new CEO to help the struggling vehicle listings company amid a restructuring. The Santa Monica ...
A few years ago, Scott Painter had it made. He was wealthy, handsome, and smart, a TED and Davos guy who hung out with Elon Musk and Richard Branson. “Everything in my life had gone unbelievably well, ...
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