A favorite whipping boy of those who wanted to change the auto industry long has been to criticize the experience that consumers have in car dealerships, where the hassles of price haggling, lease ...
NEW YORK--(BUSINESS WIRE)--Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2022.
Vroom, an innovative online used-vehicle retailer, has entered into a definitive agreement to acquire CarStory, a leader in artificial intelligence-powered analytics and digital services for car ...
Buying a car is supposed to be an exciting and fun experience, but once you’ve hit the fourth dealership it can get pretty tiring. What if you could eliminate a few of your choices without ever having ...
Used car retailer Vroom, Inc. (VRM) recently announced that it has entered into a definitive agreement to acquire United Auto Credit Corporation (UACC), an automotive finance company, for $300 million ...
Zacks Investment Research has recently initiated coverage of Vroom, Inc. VRM, assigning an "Underperform" recommendation to the company's shares. This bearish stance reflects significant concerns over ...
Used car dealers don’t have the best reputation and that extends to the online variety as well. While issues with Carvana are widely known, this time it’s Vroom in the hot seat. The Federal Trade ...
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 ...
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 ...
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