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Business & Finance

TrueCar CEO Says Discounts Buoy 'Very Soft' Auto Market

Bloomberg Technology Wednesday 19 August 2026, 15:26 UTC 1 min read
Key Points

Scott Painter, chief executive officer of TrueCar, says automakers' incentives in "very soft new-car market'' are helping cushion consumers from the blow of tariffs like those being threatened by President Donald Trump against Canada. He speaks with Dani Burger on Bloomberg's "Open Interest.''

Scott Painter, chief executive officer of TrueCar, says automakers' incentives in "very soft new-car market'' are helping cushion consumers from the blow of tariffs like those being threatened by President Donald Trump against Canada. He speaks with Dani Burger on Bloomberg's "Open Interest.'' (Source: Bloomberg)
TrueCar (PERSON) Discounts Buoy ' (PERSON) Donald Trump (PERSON) Canada (LOCATION) Dani Burger (PERSON) Bloomberg (ORG)
Originally published by Bloomberg Technology Read original →

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