TrueCar Inc at Needham Technology & Media Conference (Virtual) Transcript
Good morning, everyone. My name is Chris Pierce. I'm with the Needham research team. Thanks for joining us for the 17th Annual Needham Tech & Media conference. It's my pleasure to introduce Mike Darrow, President and CEO of TrueCar, ticker TRUE. Mike, thanks for joining us this morning.
Thanks for having me, Chris. Good to talk to you.
Questions & Answers
Cool. I thought we'd start out with the macro since it's kind of a pressing or interesting topic, I would say. I would actually call it interesting more versus pressing. And specifically, let's start with a couple ways of [getting]. TrueCar has historically been more levered to new cars. So how do you think about new-car production? Is that the firmest signal you think as far as affecting used-car prices? Or could something else affect used-car prices? Demand destruction, higher interest rates. How do
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