True to His Word, Chip Perry is Revamping TrueCar

TrueCar, the prolific third-party car shopping site, is changing the way it does business in the hopes of mending dealer relations and reversing the company’s flagging fortunes.

When TrueCar president and CEO Chip Perry took the helm of the site last December, his stated goal was to make amends with ornery partners and bring the company out of a period of turmoil.

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TrueCar Hires Former AutoTrader CEO, Probably Has Different Feelings Toward AutoNation

TrueCar announced Monday that it hired former AutoTrader CEO Chip Perry to help the third-party vendor turn around a turbulent year of departing executives and crumbling business relations.

According to a statement released by TrueCar, Perry will take over for current CEO and founder Scott Painter on Dec. 15. Perry will also be president of the company, a position which was also vacated earlier this year.

“My initial focus will be on TrueCar’s dealer partners – listening to them and finding ways to serve them better,” Perry said in a statement. Painter had a public, messy breakup with AutoNation this summer and a $14.7 million loss in the second quarter.

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  • Mike Beranek A driver's seat that delivers a 10,000 volt shock whenever the driver makes a turn or changes lanes without signalling.
  • Wolfwagen How about some standardization of wiper controls? I have 5 different cars in my family's fleet and have driven a ton of rentals for work. Holy F*cking Sh*t Balls! Left side, right side, push the lever up to turn on, push the lever down to turn on, push the lever forward to turn on, pull the lever back to turn, slide indicator to the left to decrease intermittent wipe time, slide indicator to the right to decrease intermittent wiper time.
  • Redapple2 Someone else said it. Looks like a 4/5 size ford edge (front and back)
  • Rochester Tim, where was your head at in 1984 when it became a law to wear your seatbelt? Personally I thought it was none of the Gubmint's bizniss to force me to belt up. Today, I feel exposed and unsafe without it. My point is, give it time, both the tech and your values will evolve.
  • Theflyersfan After looking it over, Honda, I want royalties for this one: The Honda Yawn.