NEW YORK--(BUSINESS WIRE)--Vroom (NASDAQ: VRM), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, received a 2022 Auto Finance Excellence Award from Auto Finance ...

Shift and Vroom take the legwork out of finding the perfect ride and financing with attractive terms. Plus, you can apply and sign the required documents from your home and have your vehicle delivered ...

Finding an auto loan can add an extra step when you are buying a car. Luckily, both CarsDirect and Vroom offer a convenient solution when you are shopping. Both companies offer an online experience ...

Vroom's business model was fundamentally flawed, leading to its Chapter 11 bankruptcy in November. Post-bankruptcy, Vroom shifted to subprime auto-lending, but continues to suffer from high default ...

Vroom, an online used car retailer, has announced it is closing its virtual doors. In an announcement, the company said it is discontinuing its e-commerce operations and ending its used car business ...

Vroom, the former used car sales website which halted vehicle sales in January 2024, has agreed to a proposed settlement with the FTC over allegations the company misrepresented that it had examined ...

Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its market cap has dwindled to less than $100 ...

Vroom Inc. said Tuesday its revenues, sales and total gross profit per e-commerce vehicle all tumbled in the fourth quarter, a period in which the company continued pulling back on growth in favor of ...

HOUSTON - The once top competitor to Carvana has hit the brakes on its online used car business. Texas-based Vroom announced it's shutting down its online sales operations and laying off nearly 800 ...

Even as overall car sales cruise, entry-level cars, and bikes have seen a massive decline over the pre-Covid period due to rising input costs, the stress in rural markets, and fuel price surge.

Amidst numerous challenges like the semi-conductor supply crunch and post-pandemic sale slump, 2023 saw the automotive sector resurrect and rise again. According to data revealed by Federation of ...

November’s auto sales figures are splendid. Over 2.85 million vehicles were sold last month, according to data released on Wednesday by the Federation of Automobile Dealers Associations. This is the ...