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TrueCar Sets Product Head

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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 Buys DealerScience

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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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Spireon Names TrueCar Vet As Automotive VP

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Irvine-based Spireon , which develops vehicle telematics hardware and products, announced this morning that it has named Brian Skutta as President of Automotive. According to Spireon, Skutta will head up a newly combined vehicle finance, Buy Here Pay Here, lender, and franchise dealer product offerings. READ MORE>>.

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TrueCar Scoops Up $30M From Vulcan Capital

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Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new funds will go towards market expansion, product development, and to build its brand.

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TrueCar Updates Dealer Outreach Initiative

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Santa Monica-based TrueCar --which has been in the midst of extending the olive leaf out to car dealers put off by its pricing pressure--said it has updated its "Dealer Pledge" initiative, improving its efforts to address concerns of its dealers. TrueCar posted the updated pledge online. READ MORE>>.

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TrueCar Tops 200,000 Cars Sold

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Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year.

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TrueCar Buys Automotive Information Firm ALG

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Santa Monica-based TrueCar , the online publisher of new and used vehicle pricing that is headed by Scott Painter, said Tuesday that it has acquired ALG, Inc. , Financial terms of the acquisition were not disclosed, however, TrueCar said that DealerTrack will receive an equity interest in TrueCar as part of the deal.

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