TrueCar Launches "TrueCar for GasBuddy" Car Buying Program
Rhea-AI Summary
Positive
- Access to 20 million annual GasBuddy visitors expands TrueCar's market reach
- Integration with GasBuddy's app and website provides seamless user experience
- Partnership adds to TrueCar's extensive network of over 250 affinity programs
- Incentivizes purchases through 50,000 GasBuddy Reward Points offer
Negative
- None.
News Market Reaction
On the day this news was published, TRUE gained 8.33%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Relationship Provides Access for GasBuddy's 20 Million Annual Visitors
"We are excited to work with GasBuddy and integrate TrueCar's trusted online buying technology into the menu of value-added services offered to their millions of loyal users," said Jay Ku, TrueCar's Chief Revenue Officer. "GasBuddy users are a tech-savvy, engaged audience that rely on technology to drive value in their car ownership experience. These attributes align perfectly with TrueCar's goal of delivering a trusted online car buying experience that provides ease of use, tremendous selection and transparency."
GasBuddy provides its users with trusted transparency to gas prices at over 150,000 stations across the
"GasBuddy users are value-conscious drivers who rely on our platform for transparency and savings in many aspects of their automotive experience," said Todd Gulbransen, SVP & GM, Consumer Programs & Marketing, at PDI Technologies. "With TrueCar, we're driving measurable value for consumers and expanding what's possible, extending the same transparency our users expect from GasBuddy to one of their largest purchasing decisions and recognizing their loyalty with tangible rewards."
This collaboration is another expansion of TrueCar's Affinity programs, that include over 250 car buying programs—like Sam's Club, Navy Federal Credit Union, Uber and others— providing online car buying power to millions of these organizations' members.
About TrueCar
TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto-shopping experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used, and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar's marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency, and fairness are the foundation of a great auto shopping experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including Sam's Club, Navy Federal Credit Union, and AAA. For more information, please visit www.truecar.com, and follow us on LinkedIn, Facebook, or X.
About GasBuddy
GasBuddy is the leading fuel savings platform providing North American drivers with the most ways to save money on gas. GasBuddy has delivered more than
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SOURCE TrueCar