Through the acquisition, "we gained new capabilities and deep expertise in fintech and automotive e-commerce that we believe will help accelerate our road map for TrueCar+," Darrow told analysts. That expertise, Darrow said, includes Digital Motors founder and CEO Andy Hinrichs. Hinrichs' knowledge "will be critical as we continue to shift to an e-commerce focus with TrueCar+," he added. TrueCar generated $232 million in revenue in 2021, down 17% from the year prior. It counted some $200 million of cash and cash equivalents as of June 30, according to regulatory filings. New Features The combined forces of Digital Motors and TrueCar have already introduced new features to TrueCar+, such as the ability for dealers to sell vehicle protection products at the VIN level, and for potential buyers to order vehicles and begin the credit application process in a "streamlined" manner, according to company officials.