TrueCar Inc (FRA:5TC)
€ 4.04 0 (0%) Market Cap: 350.76 Mil Enterprise Value: 253.27 Mil PE Ratio: 0 PB Ratio: 2.95 GF Score: 69/100
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TrueCar Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 14, 2019 / 08:00PM GMT
Release Date Price: €5.82 (+7.38%)
Douglas Till Anmuth
JP Morgan Chase & Co, Research Division - MD

All right. We're going to go ahead and get started. My name is Doug Anmuth, I'm the Internet Analyst at JPMorgan. It's our pleasure to have Chip Perry, President, and CEO of TrueCar.

Victor Anthony Perry
TrueCar, Inc. - President, CEO & Director

Thank you, Doug.

Douglas Till Anmuth
JP Morgan Chase & Co, Research Division - MD

So TrueCar is a digital automotive marketplace that provides pricing, transparency, and enables consumers to engage with dealers. TrueCar operates a nationwide network of more than 16,000 certified dealers, also powers car buying programs for membership organizations, like USAA, AARP, American Express and many others. The service can help save more than $3,200 of the average MSRP for customers, and it gives access to well over 1 million in-stock vehicles. So Chip is a pioneer in the online automotive space. He founded and led Autotrader for more than 15 years. Took that business to $1.5 billion in annual revenue and

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