Dealership technologies business Automobiles.com Inc. swung to a net loss in the 3rd quarter, citing increased valuations of earnout payments for its acquisitions of automotive economical engineering business CreditIQ and Accu-Trade, a service provider of motor vehicle appraisal and valuation data and logistics technology. Cars and trucks.com, of Chicago, explained Thursday that it posted a
Dealership technologies enterprise Autos.com reported it plans to get automotive fiscal engineering business CreditIQ in a $30 million offer. Chicago-centered Automobiles.com mentioned Thursday it expects to entire the transaction this thirty day period. The acquisition will be funded with funds on hand, the business reported, and contains the possibility for up to $50 million in