TrueCar stock plunges; CEO defends tariff-related guidance halt

The retailing website company reported $10 million in net losses in the first quarter. (TRUECAR VIA TWITTER)

May 06, 2025 05:35 PM

TrueCar Inc. CEO Jantoon Reigersman defended his company’s decision to suspend guidance for the foreseeable future because of tariff uncertainty, calling it a sensible way to navigate an unpredictable market.

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New Stellantis CEO Antonio Filosa faces series of hurdles

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New Stellantis CEO Antonio Filosa faces series of hurdles

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal

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Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output

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FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

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