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“After just completing our successful public offering, we are pleased with the financial results in the first quarter of fiscal 2017 and the momentum we are building as we head into the seasonally strongest part of our year,” said Mike Guthrie, Chief Financial Officer.Hollenshead, the largest volume independent vehicle wholesaler in North America, was the inventor of the first-ever online trade-in offer delivered to consumers in 2008 via Auto Trader.com’s “Trade-In Marketplace.” Hollenshead sold Buy Book Technologies, the valuation engine behind the Trade-In Marketplace, to Cox Automotive in 2014.“We have come a long way in the year since I joined True Car, and we are excited about re-accelerating our top-line growth while also improving our margins.At this point, I am very confident that we now clearly understand and have our hands placed securely on the practical levers that we believe will enable us to continue to drive double-digit rates of unit and revenue growth for some time,” said Chip Perry, True Car’s President and Chief Executive Officer.Ageless is the # 1 dating for Older Men Younger Women Dating Site, it offers a meeting place where younger women seeking older men and older men dating younger women.

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