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 ...

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 ...

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 ...

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 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 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 ...

RALEIGH, N.C. (WTVD) -- Imagine buying a new car but not being able to drive it. Justín Haith faced that exact problem for nearly a year after buying a truck from an online car dealer. "We love this ...

The acquisition and integration of United Auto Credit Corp. as a captive lending arm should lead to more sales and higher profit per vehicle, according to Vroom executives. That will be accomplished ...