Former Hyundai Motor America President/CEO John Krafcik Joins TrueCar As President

   Former Hyundai Motor America President/CEO John Krafcik Joins TrueCar As
                                  President

Krafcik Poised to Operate Business at Scale and to Help Deliver on TrueCar's
Commitment to Make Automotive Retailers Top Priority

PR Newswire

SANTA MONICA, Calif., May 1, 2014

SANTA MONICA, Calif., May 1, 2014 /PRNewswire/ --TrueCar today announced that
John Krafcik, former Hyundai Motor America President and CEO, has joined the
company as President, a newly created position. Just last month, Krafcik was
appointed to TrueCar's board of directors. Krafcik led Hyundai to record sales
and boosted the automaker's U.S. market share by more than 50 percent during
his five-year tenure. He will bring a wealth of experience in running an
automotive business at scale to TrueCar and will further build the company's
commitment to automotive retailers and other key industry constituents.

TrueCar Logo.

"John Krafcik not only has a deep understanding of the automotive industry,
but he also knows how to run an organization at scale - and the timing is
right for him to join our team," says Scott Painter, founder and CEO of
TrueCar. "John brings additional credibility to our commitment to making
automotive retailers our partners, and he's here to ensure we do just that." 

TrueCar empowers car buyers by giving them transparent insight into what
others actually paid, upfront pricing information, and a network of trusted
TrueCar Certified Dealers who provide guaranteed savings certificates and
seamlessly complete the car purchase. TrueCar works with more than 7,500 new
car franchises and independent dealers operating in all 50 states and the
District of Columbia.

"TrueCar is hard at work with our retailer partners, building a bridge of
trust with consumers," says Krafcik. "I am thrilled to be joining the team and
driving this transformation further, in ways that serve consumers, retailers
and the industry in new and exciting ways."

For more information about TrueCar, please visit www.truecar.com, follow
@TrueCar on Twitter, or become a fan of TrueCar on Facebook.

ABOUT TRUECAR:
TrueCar empowers car buyers by giving them transparent insight into what
others actually paid, upfront pricing information, and a network of trusted
TrueCar Certified Dealers who provide guaranteed savings certificates for the
seamless completion of the car purchase. The reality is buying a car is
painful and buyers fear they are going to overpay. TrueCar's transparent
upfront pricing information and guaranteed savings certificate make the car
buying process simple giving buyers confidence that they never overpay. Its
national network of more than 7,500 TrueCar Certified Dealers is committed to
providing negotiation-free savings off MSRP for some of the country's largest
membership and service organizations, including AARP, American Express, AAA,
USAA and Consumer Reports. Note: Not all program features are available in all
states. Go to www.truecar.comfor program details. TrueCar is a privately held
company headquartered in Santa Monica, Calif., with offices in Santa Barbara,
Calif., San Francisco, Calif., and Austin, Texas.

Logo - http://photos.prnewswire.com/prnh/20110118/LA31413LOGO

SOURCE TrueCar

Website: http://www.truecar.com
Contact: Jennifer Brogan, Kel & Partners, jennifer@kelandpartners.com, O:
617.904.9393 x136, C: 617.960.6585
 
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