TrueCar Inc - Company Profile
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TrueCar Inc (TrueCar), a subsidiary of Fair Holdings Inc, facilitates the car buying process through its online platform. The company provides a digital marketplace for new and used vehicles, and offering tools for vehicle research and price comparison. TrueCar's major services include the TrueCar Plus program, which allows customers to shop for vehicles online, arrange financing, and schedule delivery or pickup. The platform features a wide range of brands, including Toyota, BMW, Chevrolet, and Ford, among others. TrueCar's services cater to individual consumers looking to purchase or sell vehicles, with applications across the automotive retail industry. TrueCar is headquartered in Santa Monica, California, the US.
Headquarters
United States of America
Address
225 Santa Monica Blvd, 12th Floor, California, 90401
Website
www.truecar.com
Telephone
1 800 2002000
No of Employees
348
Industry
Technology and Communications
Revenue (2024)
$175.6M
TrueCar Inc premium industry data and analytics
Products and Services
| Services |
|---|
| New Car Listings |
| Used Car Listings |
| Sell and Trade of Vehicles |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Ownership Changes | In January, the company was acquired by Fair Holdings, Inc. |
| 2025 | Contracts/Agreements | In October, the company entered into an agreement to be acquired by Fair Holdings, Inc. for US$227 million. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with Car for CarandDriver.com's 15 million users. |
Competitor Comparison
| Key Parameters | TrueCar Inc | Google LLC | Carvana Co | CarGurus Inc | Cars.com Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Santa Monica | Mountain View | Tempe | Boston | Chicago |
| State/Province | California | California | Arizona | Massachusetts | Illinois |
| No. of Employees | 348 | - | 23,100 | 1,218 | 1,700 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jantoon E Reigersman | Director; President; Chief Executive Officer | Executive Board | 2023 | 43 |
| Barbara A Carbone | Chairwoman | Executive Board | 2023 | 66 |
| Oliver M Foley | Chief Financial Officer | Senior Management | 2023 | 40 |
| Jill S. Angel | Chief Operating Officer | Senior Management | 2024 | 54 |
| Jay J Ku | Chief Revenue Officer | Senior Management | 2023 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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