ALG, Inc.

ALG, Inc.

ALG, Inc.

Overview
Type of Company

Private

Industries

Computer Software

Company Description

Alg, Inc., part of Wellman Holdings, Inc., is a company headquartered in the United States that develops software solutions. On its website, the firm says this about itself: Founded in 1964 and headquartered in Santa Monica, California, ALG is an industry authority on automotive residual value projections in both the United States and Canada. By analyzing nearly 2,500 vehicle trims each year to assess residual value, ALG provides auto industry and financial services clients with market industry insights, residual value forecasts, consulting and vehicle portfolio management and risk services. ALG is a wholly-owned subsidiary of TrueCar, Inc., a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars. ALG has been publishing residual values for all cars, trucks and SUVs in the U.S. for over 50 years and in Canada since 1981.

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