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Tesla Q4 Sales Expected To Jump 43% On Robust December Deliveries: TrueCar
Thursday, December 23, 2021 - 5:33am | 562Read More...Tesla Inc’s (NASDAQ: TSLA) fourth-quarter sales in the U.S. are expected to jump 42.8% to 97,417 electric vehicles from a year ago and 28.8% over the previous quarter, the latest automotive industry forecast from TrueCar reflected on Wednesday. What Happened: The Elon Musk-led company is...
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Mixed Auto Sales Results For May Despite Heavy Holiday Promotion
Thursday, June 1, 2017 - 1:30pm | 941Read More...2017's first-half auto trend continued into May, as automakers reported lukewarm sales results. Truck and SUV sales offered a reason to cheer, while car sales continued southward. Incentives continued to pad up sales results, although inventory levels saw some improvement. For the first time since...
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TrueCar Shares Accelerate On Strong Q4
Friday, February 17, 2017 - 4:35pm | 257Read More...Shares of TrueCar Inc (NASDAQ: TRUE) hit a new 52-week high of $15.26 on Friday after the company impressed investors with a better than expected fourth-quarter report and outlook. Blake Harper of Loop Capital Markets maintains a Buy rating and $18 price target on TrueCar's stock as many of TrueCar...
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TrueCar Plunges On Worse-Than-Expected Q4, Wall Street Turns Incrementally Bearish
Friday, February 19, 2016 - 12:28pm | 328Read More...Shares of TrueCar Inc (NASDAQ: TRUE) were trading lower by more than 15 percent on Friday after the company reported its fourth quarter results. TrueCar said that it lost $0.06 per share in its fourth quarter on revenue of $63.6 million. Wall Street analysts were expecting the company to lose $0....
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Google Hires TrueCar President For Self-Driving Car Project; Shares Of The Pricing Website Decline
Monday, September 14, 2015 - 2:30pm | 437Read More...Shares of TrueCar Inc (NASDAQ: TRUE) lost nearly 5 percent on Monday. The decline in TrueCar's stock is attributed to reports that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has hired Truecar's President John Krafcik. Krafcik will head Google's self-driving car project....
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TrueCar's Latest Vehicle Forecast Is Worth Looking At
Tuesday, April 7, 2015 - 11:32am | 331Read More...In a report published Tuesday, TrueCar Inc (NASDAQ: TRUE) revised its 2015 projection of total light new vehicle sales to 17.1 million units, up from a previous 17.0 million-unit forecast, due to favorable first-quarter deliveries and a strong economic outlook for the rest of the year. TrueCar...
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TrueCar's Eric Lyman: Automotive Industry Is 'Having A Great Time Right Now'
Tuesday, March 3, 2015 - 4:28pm | 383Read More...TrueCar Vice President of Industry Insights Eric Lyman told Benzinga that February's lower than expected auto sales were due largely to a "big slow-down that was weather related" in the final week of the month. "Consumers don't view going to [a] dealership as a positive...
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Bank Of America On 2015 Auto Manufacturers: Keep Those Wheels Turning
Wednesday, February 4, 2015 - 4:28pm | 708Read More...In a report published Tuesday, analysts at Bank of America took a look at the U.S. auto manufacturers' industry, which saw January U.S. light vehicle sales rise 9.3 percent year-over-year on a selling-day-adjusted basis, above the firm’s mid-month estimate of +8.0 percent “for a...
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Weekly Tech Highlights: Elon Musk's Risky Decision, Google's Snow Problem & Apple Watch Expectations
Saturday, January 17, 2015 - 5:48pm | 825Read More...The tech sector was ruled by the auto industry this week, thanks to the North American International Auto Show and the Automotive News World Congress. During the latter event, Tesla Motors Inc (NASDAQ: TSLA) co-founder Elon Musk spoke about his risky decision to start Tesla and SpaceX. Google...
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TrueCar's Founder Sees 90% Of Car Buyers On Mobile Over The Next 18 Months
Tuesday, January 13, 2015 - 10:27pm | 269Read More...TrueCar Inc (NASDAQ:TRUE) plans to boost its business by bringing automakers into the picture, founder and CEO Scott Painter said Tuesday. The Santa Monica, California-based company offers price information to car buyers who are then referred to a network of dealers certified by TrueCar...
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Morgan Stanley Recaps September U.S. Auto Sales Data
Thursday, October 2, 2014 - 11:07am | 324Read More...Following major auto manufacturers releasing sales data for September, Ryosuke Hosino and Kota Mineshima of Morgan Stanley offered some commentary. September's U.S. auto sales SAAR (seasonally adjusted annual rate) came in at 16.43 million vehicles, a “major correction” from 17.53 million units in...
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IPO Lookout: Signs Of Life In IPO Land
Monday, May 12, 2014 - 10:17am | 851Read More...After a lull in initial public offerings (IPOs), the market is showing signs of revitalization. For the week ending Friday May 9, there were seven IPOs for US markets, with this week bringing seven more. Here's a look at this week's offerings, and a recap of last week's action. IPOs for the...
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The Next Starbucks Will Be…
Tuesday, November 8, 2011 - 3:40pm | 276Read More...Five-dollar coffees are something consumers can't live without. What will be the next corporation to produce a product of equal value? That's a tough one to answer, without question. But Michael Moe, the founder and CEO of GSV Capital (NASDAQ: GSVC), has his eye on two companies that might be...
