TrueCar, Calif. Dealer Association Settle Lawsuit
Dec. 18, 2017—The California New Car Dealers Association recently announced that it has settled a lawsuit against TrueCar Inc.
The trade group, which represents nearly 1,100 California dealers, had accused the online car shopping service of operating as an auto dealer without a license from the Department of Motor Vehicles, in a suit that dated back to 2015, according to an LA Business Journal report.
Per the settlement, TrueCar agreed to transition its billing model in California to a flat-fee subscription billing model by 2019.
Additionally, it agreed to double the indemnification that it gives to California dealers who participate in the TrueCar program.