Overall impact
D (24)

Commentary

Truecar is a below-average overall performer. With a 'D' rating of 24.0 for overall impact (bottom 10% of all companies), Truecar ranks 35th out of 37 industry peers, behind Advance Auto Parts, CarParts.com, Fincera and 31 others, and ahead of Penske Automotive and Carmax. On top material causes for Truecar's industry (Automobiles & Parts), Truecar performs poorly in Equal Pay and Opportunity (31.8 score), Reduced Waste (28.3), Healthy Oceans (29.3) and 5 other causes where it received a 'D' or 'F' score. Truecar did not receive an 'A' rating on any cause.
Impact
Cause TRUE
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Employees
348
Sector
Consumer Discretionary
Industry
Specialty Retail
Sub-industry
Automotive Retail
SASB industry
Automobiles
Headquarters
Ca, United States
Share classes
TRUE
Description
TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. The company operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars and to connect with its network of TrueCar certified dealers. It also provides TrueCar Access, which offers trade and payments solutions. Additionally, the Sell Your Car and Trade solutions give consumers information on the value of their trade-in vehicles and enable them to obtain a guaranteed trade-in price before setting foot in the dealership. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.
Material causes
Ethos considers the following causes material for Truecar, based on its industry sub-industry Automotive Retail. Learn more about material causes in our methodology overview.

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