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 ...

Vroom, a Texas-based company that until January sold used cars online, has agreed to settle a Federal Trade Commission (FTC) lawsuit by agreeing to refund $1 million to customers harmed by its ...

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 ...

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 ...

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 ...

The Texas Attorney General is suing Vroom accusing the online used vehicle dealer of deceptive trade practices. Vroom also sells to cars to Texas consumers as Texas Direct Auto and it, too, is named ...

Vehicles sit inside a Carvana Co. car vending machine in Westminster, Calif. Following a tumultuous exit from the online used car space, the CEO of what was Carvana’s (CVNA) largest competitor says ...

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 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 ...

Online retailer Vroom has completed a $50 million Series E funding that brings the company’s total funding to $218 million. The funding round — led by T. Rowe Price Associates — will be used to “drive ...