MergerLinks Header Logo

Announced

Completed

AutoNation to acquire TrueCar.

Synopsis

AutoNation, a provider of personalized transportation services, agreed to acquire TrueCar, an automotive digital marketplace. Financial terms were not disclosed. "We believe that TrueCar, with its leading digital marketplace, is well positioned to enhance the digital car buying experience and provide personal transportation solutions that are easy, transparent, and Customer-centric. We also believe the investment will strengthen the relationship between our companies and provides an opportunity for closer commercial collaboration with TrueCar in the future," Mike Manley, AutoNation CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US