TrueCar Adds Auto Exec To Board

Santa Monica-based TrueCar said Monday that it has named an automotive industry executive to its board. The firm said that Tom Gibson, the former Chairman, President, and CEO of Asbury Automotive Group, has joined the firm's board. Gibson also has served at Ford, Chrysler, and Subaru, including serving as President and COO of Subaru of America. TrueCar operates an online site which allows users to get detailed quotes on new automobiles from dealers, and also provides information on automobiles and pricing details. The firm is headed by Scott Painter.