Day: November 10, 2021

Cars.com Hosts Free, Live Virtual Education Session on Electric Vehicles as EV-Curious Population Grows

CHICAGO, Oct. 25, 2021 /PRNewswire/ — Leading online car-shopping marketplace Cars.com (NYSE: CARS) will help shoppers explore electric vehicle (EV) ownership with Cars.com’s Guide for the EV Curious, a free, live virtual event with the company’s team of automotive experts on Oct. 28 at noon CDT. Cars.com experts will share information about EV ownership and answer live questions from consumers interested in EVs, which can also be submitted in advance. Registration is required at Live.cars.com.

“Cars.com bought its first plug-ins a decade ago, a Nissan Leaf and Chevrolet Volt, and we have since continued to evaluate scores of other electric models. Expanding beyond just how the cars drive, we live with EVs and test the range, as well as the cost and setup associated with home charging,” said Joe Wiesenfelder, Cars.com executive editor and EV expert. “With all the buzz surrounding EVs, our team will cover

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CARS Acquires CreditIQ Automotive Fintech Platform, Enabling Instant Financing For Consumers, Dealers and Lenders

CHICAGO, Nov. 4, 2021 /PRNewswire/ — Cars.com Inc. (NYSE: CARS) (“CARS” or the “Company”), a leading automotive marketplace platform that provides a robust set of industry-specific digital solutions, announces it has signed a definitive agreement to acquire CreditIQ, a cutting edge automotive fintech platform that provides instant online loan screening and approvals to facilitate online car buying. Consideration for the transaction will be $30 million at closing, funded using cash on hand, with the potential for up to an additional $50 million in performance-based cash consideration to be earned over the next three years. The transaction is expected to close this month.

“The acquisition of CreditIQ technology facilitates CARS’ entry into the rapidly-growing, multi-billion dollar Auto Finance market, expanding our TAM beyond the $35 billion Auto Advertising and Dealer Technology markets we operate in today. We’re excited to participate in this space with powerful digital solutions for dealers that

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THE 5 GREATEST Malang Motorcycle Tours (With Pictures)

Many of the changes occurring within the automotive market at the moment, including tightened credit markets in a capital-intensive industry and elevated government involvement are the latest international challenges. By 1913, the yellow brick manufacturing facility had been demolished and a new five-story construction had been built on the site which took up two blocks along Juneau Avenue and across the nook on 38th Road. Regardless of the competition, Harley-Davidson was already pulling ahead of Indian and dominated motorcycle racing after 1914. Production that year swelled to 16,284 machines.

The Industrial Revolution within the nineteenth century noticed plenty of inventions fundamentally change transport. With telegraphy , communication grew to become prompt and impartial of the transport of bodily objects. The invention of the steam engine , closely adopted by its application in rail transport , made land transport independent of human or animal muscle tissues. Each velocity and capacity increased, … Read More