Thursday, January 19, 2012

TrueCar polishing edges off business model to comply with state regulations

TrueCar polishing edges off business model to comply with state regulations

TrueCar has attracted much unwanted attention recently, drawing the ire of Honda and torquing off regulators in several states. In response, the company has announced a series of changes to its business model, designed to address the legality of its service, according to a report in Automotive News. The biggest change is that dealers in some states will now have to subscribe to the lead service rather than paying a per-vehicle fee for sales closed from a TrueCar referral. Consumers will now have to sign up with TrueCar, providing contact information in the process.

Autoblog

See also:
itcrowd, TrueCar polishing edges off business model to comply with state regulations