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Dealer Groups And Dealerships

TrueCar buys retail software company for $27 million

Vehicle-shopping site TrueCar has acquired DealerScience, a provider of digital-retailing software, for $27 million, the companies said Friday. DealerScience's founder will also join TrueCar's executive team effective immediately.


MIKE JACKSON

Back in 2015, AutoNation took one of its first steps in its far-reaching brand extension strategy: launching AutoNation-branded F&I products. Mike Jackson has said the strategy will keep the largest U.S. dealership group profitable even as new-vehicle margins tighten.

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