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home / news releases / TRUE - TrueCar acquires Digital Motors; terms undisclosed

TRUE - TrueCar acquires Digital Motors; terms undisclosed

TrueCar Inc.
Automotive digital marketplace TrueCar (NASDAQ:TRUE) has acquired Irvine, California-based Digital Motors. Financial terms of the deal were not disclosed. Digital Motors' automotive retail and financial technology platform enables auto dealers, OEMs, lenders and other stakeholders to augment their physical presence with a digital storefront or marketplace, offering a seamless omnichannel car buying experience to consumers. The deal advances TrueCar+ product roadmap by expanding e-commerce capabilities.

For further details see:

TrueCar acquires Digital Motors; terms undisclosed
Stock Information
Company Name: TrueCar Inc.
Stock Symbol: TRUE
Market: NASDAQ
Website: truecar.com
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