TrueCar acquires ALG

TrueCar, a publisher of real-time new and used vehicle pricing data in the U.S. market, has completed its acquisition of ALG. formerly a subsidiary of DealerTrack Holdings. and an industry source for automotive residual values.

“TrueCar has shown a tremendous commitment to maintaining the continuity of ALG operations,” said Raj Sundaram, Senior Vice President of the Services and Solutions Group at DealerTrack Holdings.  “The TrueCar executive team has exhibited a profound understanding and respect for the strong relationship ALG has with the entire automotive industry – and I believe they will actively seek ways maintain and enhance that relationship now and in the years to come.”

TrueCar has also announced that Larry Dominique will be joining TrueCar as Executive Vice President of the Data Solutions Group. Dominique comes to TrueCar from Nissan North America where he served as Vice President, of Advanced and Product Planning and Strategy.

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