Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 ...

Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print. Please enter a valid email address. Please enter your email address. Please verify ...

Texas-based Vroom announced it's shutting down its online sales operations and laying off nearly 800 employees. Instead of listing used vehicles on Vroom.com, the company announced: "Vroom has ...

Automotive financing and analytics provider Vroom has filed for bankruptcy with a plan backed by its largest creditor, Mudrick Capital Management, to restructure much of its debt into equity.

Vroom, Inc. engages in providing an ecommerce platform for the buying and selling of used vehicles. The company operates through the following segments: Ecommerce, Texas Direct Auto (TDA) and ...

Vroom is an online used car dealer with an innovative 'door-to-door' business model. The company's business model is structurally flawed as it incurs thousands of dollars in transportation costs ...

Vroom shares fall over 50% in after-hours trading. Vroom announces it is discontinuing its e-commerce operations and winding down its used vehicle dealership business. Rebound or breakdown? See ...

It’s been two years since Davidson Garcia bought a used car from Vroom, the online car dealer. The 2015 Subaru WRX has been sitting in a New York City impound lot for more than 10 months ...

In this article, we are going to take a look at where Vroom, Inc. (NASDAQ:VRM) stands against the other vehicles and parts stocks. Certain automotive companies have held up surprisingly well in ...

NEW YORK, January 14, 2025--(BUSINESS WIRE)--Vroom, Inc., a leading automotive finance company and a data, AI-powered analytics and digital services platform supporting the automotive industry ...

Vroom Vroom said it plans to discontinue its e-commerce business and wind down its used vehicle dealership. The company said it has been unable to raise the necessary capital to fund its e ...