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TrueCar Sets Product Head

socalTECH

Santa Monica-based TrueCar, which operates an online marketplace for autos, said that it has named Rich DiStefano to Senior Vice President of Product. DiStefano previously has served at such companies as Walmart, Hilton, Ticketmaster, Live Nation, and Match.com.

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TrueCar Links With Roadster

socalTECH

According to TrueCar, consumers using TrueCar will be able to finalize their car buying deals digital directly, through an integration into Roadster's back-end software. The company said over 650 dealers work with both TrueCar and Roadster and can take advantage of the API integration.

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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

Santa Monica-based automotive technology platform TrueCar Inc.’s s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report.

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TrueCar Links With Capital One On Loan Pre-Qualification

socalTECH

Santa Monica-based TrueCar, which operates a digital marketplace for automobiles, says it has linked with Capital One to offer up pre-qualification for its buyers. According to TrueCar, the new link with Capital One allows eligible shoppers to pre-qualify for auto financing through participating lenders Capital One and Westlake Financial.

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TrueCar Revenues Hit By Vehicle Inventory, Semiconductor Shortage

socalTECH

Los Angeles-based automotive marketplace operator TrueCar released a highlight of its results last night, saying that the firm's revenues were down 28.8% sequentially, due to what the company said was limited new vehicle inventory from the ongoing automobile semiconductor shortage. TrueCar said it had a net loss of $6.8

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TrueCar Buys DealerScience

socalTECH

Santa Monica-based TrueCar announced on Friday that it acquired DealerScience , a developer of digital retailing software for the automotive industry. According to TrueCar, DealerScience will become a subsidiary of the company, and will focus on product development, sales and customer training.

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TrueCar Makes Donation To Disabled Veteran Group

socalTECH

Santa Monica-based TrueCar says it has donated $11,000 to Disabled American Veterans, and will provide $2,500 each to four winning dealerships for donation to the nonprofit of their choice.

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