Former used-car retailer Vroom agreed to pay $1 million to settle claims levied by the Federal Trade Commission that it misrepresented inspection work done on vehicles it sold, failed to offer ...

Online used-vehicle retailer Vroom Inc. said Monday it plans to wind down its e-commerce operations, citing a need to preserve liquidity. The company will suspend used-vehicle transactions through ...

Vroom chief executive officer Allon Bloch was talking about the reconditioning software and processes of Texas Direct Auto when he paused mid-sentence. “I’m just going to kind of geek out for a second ...

We've known for a while that things weren't going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady sales practices and later that year managed ...

The Federal Trade Commission said late Tuesday that it took enforcement actions against Vroom for misrepresenting that the retailer thoroughly examined all vehicles before listing them for sale. The ...

Vroom, an online used-car dealer headquartered in Houston, this week said it is discontinuing its e-commerce operations and closing its used vehicle dealerships, including its Texas Direct Auto ...

Vehicles sit inside a Carvana Co. car vending machine in Westminster, Calif. Following a tumultuous exit from the online used car space, the CEO of what was Carvana’s (CVNA) largest competitor says ...

Recently my younger brother bought his first car. He went to a random used sales lot near Boston, and let some guy with greasy hair talk him into something he didn’t want. Less than 24 hours later, he ...

We've all seen them. Many of us have considered buying from them: those shady-looking used car dealerships protected by chain-link fences that line downtown streets and shabby suburban avenues. "Sure, ...

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, without ...

Andrew Lambrecht decided to sell his 2016 Chevrolet Volt last year when the used-car market was hot. He sold it for $20,338 via Vroom in December. He'd originally bought it for $15,000. He's used the ...

Online used car seller Vroom is the latest startup to find that investors have an insatiable appetite for new stocks. Vroom shares debuted on Wall Street Tuesday and quickly skyrocketed more than 100% ...