Former Hyundai Motor America Chief Executive John Krafcik has been named president of TrueCarInc., the online auto-shopping service that plans to raise $125 million in an initial public offering. TrueCar (www.truecar.com) is currently developing new finance tools called TrueLoan and TrueLease, which are meant to provide users with a more convenient way to finance their cars at TrueCar certified dealers. No IPO date has been set.
Krafcik Joins TrueCar
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