Truecar, Inc. Provides Revenue and Sales Guidance for the October 2021
October 27, 2021 at 03:24 pm EDT
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TrueCar, Inc. provided revenue and sales guidance for the October 2021. For the period, the company forecasts total new vehicle sales will reach 1,054,312 units down 20% from a year ago and down 3% vs. September 2021, when adjusted for the same number of selling days. revenues are expected to be $42,300,229,951.
TrueCar, Inc. is an automotive digital marketplace that enables car buyers to connect to its network of Certified Dealers. It offers a software ecosystem on a common technology infrastructure, powered by data and analytics. Its company-branded platform is available on its TrueCar Website and mobile applications. Its network of TrueCar Certified Dealers consists primarily of new car franchises, representing all makes of cars, as well as independent dealers selling used vehicles. Key elements of its core leads-based consumer experience include Research & Discovery, New Car Build Experience, New and Used Car Inventory Search, Consumer Cohorts, Vehicle Identification Numbers (VIN) Offers, TrueCar Post Prospect Unified Vehicle Detail Page, Trade and Sell Your Car and Finance and Insurance Features. Its network of TrueCar Certified Dealers utilizes the Dealer Portal, an application that is accessible online and on mobile devices, as a sales enhancement platform.
TRUECAR, INC. 
