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TrueCar and Sonic Reach Settlement in Trademark Dispute

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SANTA MONICA, Calif. & CHARLOTTE, N.C.--(BUSINESS WIRE)--TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling mobile marketplace, and Sonic Automotive, Inc. (NYSE: SAH), a Fortune 500 company based in Charlotte, N.C., and one of the nation’s largest automotive retailers, today jointly announced that they have reached a settlement in TrueCar’s lawsuit pending in the United States District Court in Los Angeles. In the litigation, TrueCar established its sole and exclusive rig

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