With Chrome's NVD, TrueCar's Leading Market Pricing Data Can Include Pricing on Every Detail of a New Car
SANTA MONICA, CA -- (Marketwire) -- 07/23/09 -- TrueCar (www.truecar.com), the company
that brings transparency to new car pricing, and Chrome Systems, Inc., a
subsidiary of DealerTrack Holdings, Inc. (NASDAQ: TRAK) and an industry
leader in managing automotive data, announced today that TrueCar will
license Chrome's comprehensive and accurate New Vehicle Data (NVD) that
provides full, rich details of any new vehicle down to the option level.
"TrueCar is committed to being the most trusted and reliable source for new
car pricing in the industry. This requires that we constantly look to
incorporate the best car data available, and distribute it as freely and
widely as possible," said Scott Painter, TrueCar CEO. "With Chrome's
vehicle descriptions, car buyers can now get accurate, transparent pricing
all the way down to the option level through TrueCar."
"Accuracy and detail are important to TrueCar," said Pete Batten, General
Manager of Chrome Systems. "Chrome's data is the most trusted industry
source for accurate and comprehensive new vehicle descriptions. We're
excited that our data can help drive this product and help make the car
buying process less frustrating for consumers."
This partnership will also allow TrueCar to distribute its transparent
Price Reports along with Chrome's New Vehicle Data to other third party
Websites. TrueCar recently announced a distribution deal such as this with
US News & World Report.
About TrueCar (www.truecar.com)
TrueCar brings transparency to new car pricing. It aggregates multiple data
sources to show car buyers and dealers how much people actually paid for a
particular car in their geographic area. It is offered online, free of
charge -- so anyone can know at any time what is considered a good or great
price. Consumers no longer walk into the dealership only partially informed
and fully suspicious: they walk in knowing exactly the price of a fair
deal. Dealers gain real-time, unbiased information about marketplace
pricing, helping them know how to price their cars to sell more and gain
market share from other dealers. Led by a highly experienced team from the
automotive and technology industries, TrueCar is based in Santa Monica,
California.
About Chrome (www.chrome.com)
Chrome provides vehicle content, software, technology and services to
deliver enterprise solutions to all segments of the automotive industry.
Chrome pioneered the technology behind electronic vehicle configuration
with the introduction of PC Carbook and since 1986 has collected, analyzed
and enhanced 'raw' automotive data from all manufacturers. Chrome Systems
Inc. is a subsidiary of DealerTrack Data Services, Inc., a DealerTrack
Holdings, Inc. company (NASDAQ: TRAK).
Contact:
Sean Stevens
415-402-0230
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