Former used-car retailer Vroom agreed to pay $1 million to settle claims levied by the Federal Trade Commission that it misrepresented inspection work done on vehicles it sold, failed to offer ...

We've known for a while that things weren't going great for the online used car dealer Vroom. Back in 2022, it was sued by the state of Texas for its shady sales practices and later that year managed ...

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 chief executive officer Allon Bloch was talking about the reconditioning software and processes of Texas Direct Auto when he paused mid-sentence. “I’m just going to kind of geek out for a second ...

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 ...

Recently my younger brother bought his first car. He went to a random used sales lot near Boston, and let some guy with greasy hair talk him into something he didn’t want. Less than 24 hours later, he ...

Online used car seller Vroom is the latest startup to find that investors have an insatiable appetite for new stocks. Vroom shares debuted on Wall Street Tuesday and quickly skyrocketed more than 100% ...

It’s been two years since Davidson Garcia bought a used car from Vroom, the online car dealer. The 2015 Subaru WRX has been sitting in a New York City impound lot for more than 10 months, without ...

We've all seen them. Many of us have considered buying from them: those shady-looking used car dealerships protected by chain-link fences that line downtown streets and shabby suburban avenues. "Sure, ...

Andrew Lambrecht decided to sell his 2016 Chevrolet Volt last year when the used-car market was hot. He sold it for $20,338 via Vroom in December. He'd originally bought it for $15,000. He's used the ...

Vroom said Monday it will cease ecommerce operations and is winding down its used-car retail business. Vroom also owns United Auto Credit Corp. auto finance company as well as analytics and digital ...