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 employees, or ...
Used car dealers don’t have the best reputation and that extends to the online variety as well. While issues with Carvana are widely known, this time it’s Vroom in the hot seat. The Federal Trade ...
One of the largest online used car dealers in the country just closed, and this one is in our backyard. Houston-based Vroom, that took over Texas Direct Auto in 2015, is no longer selling cars. But, ...
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. Get ahead of next week’s CPI & ...
A favorite whipping boy of those who wanted to change the auto industry long has been to criticize the experience that consumers have in car dealerships, where the hassles of price haggling, lease ...
Vroom, an innovative online used-vehicle retailer, has entered into a definitive agreement to acquire CarStory, a leader in artificial intelligence-powered analytics and digital services for car ...
Customers tell 5 On Your Side they're running into a new problem with online car dealer Vroom. 5 On Your Side has previously reported that multiple Vroom customers say the company has taken up to four ...
A dealership's rating is based on all of their reviews, with more weight given to recent reviews. Includes reviews of Vroom - Get It Delivered Nationwide from DealerRater. Want to share your ...
Gunning to become the top seller of used cars online, Vroom Inc. has raised $50 million in a Series E round of equity funding, bringing its total capital raised to $218 million. The market for used ...
The latest market debutante is chasing a $400 billion opportunity. The used car market is the single largest consumer product category in the U.S., making up $841 billion in annual sales last year, ...