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. said Wednesday it recorded a narrower net loss in its second quarter but saw additional year-over-year declines in revenue and sales volume that have occurred since the company moved to ...

PHOENIX (3TV/CBS 5) — The company Vroom helped lead the way when it comes to buying cars online but it has not abruptly closed up shop. You’ve no doubt seen this TV commercial before. “Hi, buying a ...

Vroom, which in January said it would be ending ecommerce operations and winding down its used-car retail business, said last week it expects to complete that wind down by the end of the first quarter ...

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 reports quarterly losses of $80.51 per share and quarterly sales of $235.92 million. Vroom says it has sold substantially all of its used vehicle inventory and expects wind down to be complete ...

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 ...

Online used-vehicle retailer Vroom Inc.'s initial public offering in June 2020 arrived at a fortuitous time. It happened during a pandemic that necessitated more consumers buying vehicles partly or ...

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 ...

While Carvana escaped its seeming plunge into bankruptcy and is now trading for $45 a share, the used car seller now has one fewer competitor. Vroom is technically still around but is now pivoting to ...

Vroom, Inc. VRM announced that it is discontinuing its e-commerce operations and shutting down its used vehicle dealership business to preserve liquidity and optimize stakeholder value. Vroom is a ...