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TrueCar eyes $20M in profit in 2026 following acquisition 

CEO Painter: Estimated losses at $29M a year before structural shifts 

Amanda Harris

Automotive marketplace TrueCar has generated enough cash flow to turn the company profitable following a series of structural and operational changes after it was acquired in January, according to its chief executive. Fair Holdings, led by founder Scott Painter, purchased TrueCar in a transaction that took the company private. Following the $227 million acquisition, Painter rejoined TrueCar, which […]

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