Thursday, August 6, 2020

TrueCar posts smaller Q2 loss; outbreak dents revenue

TrueCar posts smaller Q2 loss; outbreak dents revenue https://ift.tt/3gFsnja

Reflecting discounted subscription rates paid by dealerships, as well as fewer dealers on its platform, the vehicle-listing service said revenue fell 29 percent to $62.7 million in the second quarter. It posted a net loss of $11.2 million.

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