November Auto Sales: Dealers Can’t Sell What The Factories Can’t Make [Forbes]
TrueCar, Inc. (TRUE)
Last truecar, inc. earnings: 2/20 04:03 pm
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US:NASDAQ Investor Relations:
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Source: Forbes
New Jeeps on display at a car dealership in New York City.Getty ImagesU.S. dealers are selling new cars and trucks just as fast as the factories can make them. Presumably, dealers could sell a lot more, if they had more to sell, since buyers are snapping up what’s available at record-high prices.But the ongoing shortage of new cars and trucks — largely due to acomputer chip shortageauto salesBy the numbers,TrueCarAnalysts for J.D. Power and LMC Automotive came up with a similarauto sales forecastBoth forecasts blame low inventory for the November sales drop and the high prices, since consumer demand remains high.Analysts said the inventory of available new cars and trucks combined was below 1 million in November, the fourth month in a row below 1 million. Under the circumstances, manufacturers have reduced factory discounts.MORE FOR YOUComputer Chip Shortage Could Drag Through 2022, Prolonging High PricesA 600-Mile Goodbye To The Beguiling Polestar 1The Game-Changing Mid-Engined, Righ
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News
- These Cars Are The Worst Deals Right Now, According To Consumer Reports [Yahoo! Finance]Yahoo! Finance
- TrueCar to Announce First Quarter 2024 Financial Results in Stockholder Letter on April 29PR Newswire
- Diego Rodriguez Nominated to Stand for Election to TrueCar's Board of Directors at May 23, 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Diego Rodriguez Nominated to Stand for Election to TrueCar's Board of Directors at May 23, 2024 Annual MeetingPR Newswire
- 4 Affordable Convertible Cars for a Luxurious Retirement [Yahoo! Finance]Yahoo! Finance
TRUE
Earnings
- 2/20/24 - Beat
TRUE
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- 4/12/24 - Form 8-K
- TRUE's page on the SEC website