TrueCar (TRUE) PT Raised to $4 at Craig-Hallum

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Go back to TrueCar (TRUE) PT Raised to $4 at Craig-Hallum

AutoNation Announces Acquisition of Minority Ownership Stake in TrueCar, a Leading Automotive Digital Marketplace

November 15, 2022 6:59 AM EST

FORT LAUDERDALE, Fla., Nov. 15, 2022 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest and most admired automotive retailer, today announced its acquisition of an approximately 6.1% minority ownership stake in TrueCar, Inc. (NASDAQ: TRUE), a leading automotive digital marketplace that lets auto buyers and sellers connect to its nationwide network of Certified Dealers. AutoNation's decision to invest in TrueCar signals the company's continued commitment to emerging technologies and its constant focus on providing peerless Customer experiences. TrueCar provides an... More