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 ...

Vroom Inc. is in the very early stages of looking to raise additional capital to scale the business, company leaders said during its third-quarter earnings call Wednesday. The online used-vehicle ...

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 that ...

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Vroom Vroom said it plans to discontinue its e-commerce business and wind down its used ...

Online used-vehicle retailer Vroom Inc. said this week it reduced its headcount by approximately 120 employees, or about 11 percent of its Vroom-specific work force. The reduction is included as part ...

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, ...

BUCKHEAD, Ga. — Customers of an online car dealer who never received their titles are fighting back through arbitration. Channel 2 Action News Investigates first reported back in the Spring of 2022 ...

If you were thinking about pulling the trigger on a used car through online retailer Vroom, we’ve got bad news: you missed your shot. The company announced today that it is suspending all transactions ...