Tag Archives: Dealer

TrueCar to Take Its New Approach to Buying and Selling Cars to Wall Street

TrueCar recently announced that it filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an IPO of its common stock. According to the registration statement, TrueCar is seeking to raise $125 million through its IPO for “general corporate purposes, including working capital, operating expenses and capital expenditures.” TrueCar’s future includes “additional products and … Continue reading this entry

Car Dealers Lose Negotiating Leverage & Profits…and Like it

The Chicago Tribune recently ran a story that will in large part not surprise anyone – car buyers are armed with more information before they walk onto a lot than ever before. But there are some aspects about the article that will surprise people. For example, at least some dealers like having customers who are … Continue reading this entry