eBay to acquire Caramel.

eBay, a global commerce company, agreed to acquire Caramel, an end-to-end online automotive transaction solution provider. Financial terms were not disclosed. "eBay's acquisition of Caramel is about creating trust for vehicle buyers. Buying a car is a big moment. Caramel's platform brings it all into one simple, seamless process: title and identity verification, insurance, financing – even shipping the car to the buyer after purchase. With Caramel and eBay combining forces, both buyers and sellers will be able to complete vehicle transactions on eBay with greater peace-of-mind, and Caramel can further establish itself across a myriad of platforms," Chris Prill, eBay General Manager, Motors.