Online used-vehicle retailer Vroom Inc. said Monday that its COO, Tom Shortt, will join its board of directors and succeed Paul Hennessy as the company's CEO. The change is effective immediately, as ...

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 ...

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 ...

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 ...

With new car production down due to microchip shortages and supply chain issues, the used-car business for online retailers like Vroom is booming. To keep it booming, Vroom is going to need more cars, ...

Online used car seller Vroom (VRM) posted its earnings report Monday night. The results were better than expected in some slots but still generated plenty of disappointment - particularly regarding ...

Vroom is an online used car dealer with an innovative 'door-to-door' business model. The company's business model is structurally flawed as it incurs thousands of dollars in transportation costs that ...

Vroom, an online used-car dealer and the corporate parent of Texas Direct Auto, will pay $3 million to settle a state lawsuit alleging violations of the Texas' Deceptive Trade Practices Act. The ...

Shares of Vroom Inc. fell more than 5% in the extended session Monday after the online used-car retailer reported mixed fourth-quarter results, posting a wider-than-expected loss and sales that were ...