TrueCar Inc., an online auto- shopping service, is considering selling shares in an initial public offering in the first half of 2014, two people with knowledge of the matter said.
Mark Fields will take the keys to a Ford Motor Co. that is lean, profitable and a far cry from the near-bankrupt carmaker taken over in 2006 by his predecessor, Alan Mulally.
TrueCar Inc., the online auto-buying service that’s planning an initial public offering, said board member John Krafcik, the former head of Hyundai Motor Co.’s U.S. operations, is now its president.
AutoNation Inc., the largest U.S. retailer of new cars and trucks, reported quarterly profit that topped estimates even as horrible winter weather kept many car buyers home for much of January and February.
TrueCar Inc., an online auto- shopping service that may be considering an initial public offering, said Microsoft Corp. co-founder Paul Allen’s Vulcan Capital fund has invested in the company.
Taking Stock: Millennials Represent 25% of New Car Market
Taking Stock: Krafcik Says U.S. Spends $520 Billion New Cars