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Home » JD Power to pay $135M for TrueCar’s ALG analytic service

JD Power to pay $135M for TrueCar’s ALG analytic service

Garret ReichbyGarret Reich
August 20, 2020
in Risk Management
Reading Time: 2 mins read
0
Weekly Wrap 12-14-20

© Can Stock Photo / dmitrimaruta

Digital automotive marketplace TrueCar is selling its data analytics subsidiary ALG for $135 million to consumer intelligence company J.D. Power after multiple parties expressed interest in the brand during the past six months, TrueCar spokeswoman Shadee Malekafzali told Auto Finance News. The transaction, which was passed unanimously through the TrueCar Board of Directors, is expected […]

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